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What else can I help you with?
Why can't i stay on my employers health insurance when i turn 65?
It depends where you live. Some employers do not provide insurance. In some countries if you are working after you are 65 or your spouse is working, you will be entitled for health insurance from employer. You will be eligible for Medicare even if you continue to work after you turn 65. It is important that you decide whether or not to enroll for medicare. You may not need all of Medicare benefits if you are still covered under your employer's plan. You can delay certain parts of Medicare, and get them later on when you retire, or if you lose your employer's insurance. You should make these decisions at least 3 months before your 65th birthday.
If you have Medicare benefits and employer benefits which is primary?
Medicare is primary.
How do you maintain health insurance coverage for your wife and son after you turn 65 and are eligible for Medicare?
Where you covered under an Employer Group or Individual Plan? If Employer Group - they would be eligible for COBRA - If Individual - then just tell the Insurance Company to take you off.
Can an employer offer to pay Medicare and Medicare Supplement premiums of the Medicare eligible employees and dependents if the employee wants to move off of the employer sponsored group health plan?
no
Can medicare be used for secondary insurance if the primary insurance is paid by your employer?
Medicare is primary if your group is under 20 lives. 20 lives or more and medicare is secondary to your employer paid group plan.
If a person is still working at full retirement age does he have apply for medicare benefits?
Yes, individuals are typically eligible for Medicare benefits at age 65, regardless of whether they are still working. However, if a person is still working and covered by an employer-sponsored health insurance plan, they may choose to delay enrolling in Medicare Part B without penalty. It is important to consider factors such as the size of the employer and the type of coverage provided before making a decision on when to enroll in Medicare. It is recommended to consult with a Medicare specialist or financial advisor to determine the best course of action based on individual circumstances.
Is Medicare membership compulsory?
No Mandatory or eligible? Government forced or employer forced? If you are receiving group benefits from an employer and if you are retired, your employer can require you to participate in Medicare when you are 65 event though you may not be enrolled in social security. The Medicare site has some good information. I posted the link below.
What are the eligible benefits for Cobra coverage?
COBRA coverage allows individuals to continue their employer-sponsored health insurance for a limited time after leaving a job. The eligible benefits for COBRA coverage include the same health insurance coverage as when employed, but the individual is responsible for paying the full premium.
Where can you get a copy of your Explanation of Benefits?
Explanation of Benefits (EOB) is a form or document that may be sent to you by your insurance company several months after you had a healthcare service that was paid by the insurance company. You should get an EOB if you have private health insurance, a health plan from your employer, or Medicare.
Should you enroll in Medicare Part B when you are still working and covered by employer health insurance?
Yes, because there will probably be a penalty for late enrollment, and your employer's health insurance will probably require you to enroll in Medicare.
How long must an employer pay unemployment benefits in Illlinois for a terminated eemployee?
The employer does not pay unemployment benefits. The employer pays unemployment insurance premiums to the State of lllinois. When the employee is terminated, the employee applies for unemployment benefits with the State of Illinois. The state determines if the employee is eligible for benefits and, if the employee is awarded benefits, those benefits are paid and monitored by the State of Illinois.
Can I purchase health insurance on the exchange if my employer offers it?
Yes, you can purchase health insurance on the exchange even if your employer offers it, but you may not be eligible for subsidies if your employer's insurance meets certain requirements.
