Questions To Ask As You Approach Retirement at 65

1. The availability of coverage for an employer or a spouses’ employer should factor into someone’s Medicare choices
2. Choose between (a) Original Medicare, plus prescription drug Part D plans and possibly Medigap supplemental coverage or (b) a Medicare Advantage plan
3. A spouse and children covered under employer health insurance need to be provided for when moving to Medicare coverage
4. Depending on their employer’s size, the retiree upon turning 65 may need to enroll in Medicare and coordinate coverage with both their employer and the federal program
5. Individuals who didn’t enroll in Part B when they were first eligible may receive a special enrollment period when existing coverage ends
6. Medigap, or supplemental Medicare insurance, must be considered at age 65, waiting can limit the options available


Source: Benefits Pro