Public Posts Virginia Beach, VA (zoom)
Medicare: Do I need to enroll if I'm still working?
• 09/30/23 at 09:04PM •One of the most frequent questions I get about Medicare is “Do I need to sign up for Medicare when I turn 65 if I have employer group coverage?” And the answer is: It depends….
It depends on the size of the employer group and some other factors:
• Your cost for the coverage (including premium contribution and out of pocket expenses for deductibles, copays and your annual out of pocket maximum)
• If the employer plan benefits meet your needs (benefits, provider network)
NOTE: If your employer group is less than 20 employees, you should sign up for Medicare Part A and Part B when you are first eligible or face a lifetime late enrollment penalty. Your Initial Enrollment Period is a seven month window:
• 3 months prior to your 65th birthday,
• your birthday month and
• 3 months after your birthday month
With employer groups of less than 20 full time employees, Medicare is the primary payer and your employer group coverage pays secondary based on the benefit plan.
If your employer group is more than 20 employees, and offers medical and prescription drug coverage that is at least as good as Medicare (aka "creditable coverage"), you may not need to sign up for Medicare Part B right away. However, it's important to review the benefits and cost of your employer plan compared to the benefits and cost of Medicare plus a Supplement and drug plan or Medicare Advantage plan. In many cases, people save money by enrolling with Medicare.
There are several options for Medicare Advantage and Medicare Supplement plans available, and the key is determining which one will offer you the best coverage based on your healthcare needs, your lifestyle and your budget.
Medicare agents must be licensed in the state they sell products and must complete an annual certification and insurance company specific product training each year to assure they are qualified to help beneficiaries in making good choices. If you need assistance with your Medicare decisions, please contact me at 206-569-5415 or by email at suderloy@gmail.com. I am a licensed and certified health insurance agent in WA State and represent multiple health insurance companies. I can help you with your decision and enrollment for the plan that best meets your needs.
View from my kitchen window
• 09/19/23 at 09:47AM •Saratoga Passage Sunset
• 08/18/22 at 05:23PM •Blue Heron hunting for dinner
Lovely Northwest Sunset
• 05/21/22 at 09:19PM •Following a sunny day and thunderous afternoon
Young Eagle
• 03/26/22 at 12:29AM •On top of the world….
A Comment by MFish
Nice eye.
Oregon coast sunset
• 02/09/22 at 06:31PM •Beautiful way to end the day at Arch Cape
Photos by BC
A Comment by MFish
Lovely capture.
Beautiful night on Camano Island
• 09/02/21 at 07:46PM •Sunset is starting earlier - Autumn will be upon us soon
A Comment by MFish
You captured a moment. Love it.
Northwest Sunset
• 09/02/21 at 07:41PM •Saratoga Passage Camano Island WA
A Comment by MFish
Clever. Capturing the setting Sun in the humming bird feeder.
A Comment by Loy
That feeder has been in many photos - it’s almost famous :)
Another beautiful Northwest sunset
• 06/15/21 at 09:20PM •Saratoga Passage, Camano Island
A Comment by MFish
Love it. You caught the Sun as it nestled in the clouds.
A Comment by Loy
thank you! the sunset and clouds change second by second - it's difficult to get a bad shot!
Northwest Sunset
• 05/19/21 at 09:27PM •May 19, 2021
A Comment by MFish
Very nice. I love the contrast of the shadows with the sky and lake surface.
A Comment by Loy
Thank you Jerry - it’s difficult to get a bad shot with so much beauty.
Scavenger hunt
• 03/10/21 at 12:29AM •Beach Bums of Camano Island
A Comment by MFish
Nice! Especially the one with jeans. Great pictures, Loy.
A Comment by Loy
Thank you. Love having wildlife for pets!