Can I have both employer insurance and Medicare?
Because of this, it’s possible to have both Medicare and a group health plan after age 65.
For these individuals, Medicare and employer insurance can work together to ensure that healthcare needs and costs are covered..
Can my employer drop my health insurance when I turn 65?
If the company has 20 or more employees, it must offer the same coverage to those 65 years or older as it does to younger employees. It cannot force employees to enroll in Medicare or offer any incentives to do so. The employee can choose to keep the group health coverage or drop it and enroll in Medicare.
How does Medicare work if you have private insurance?
If you have private health insurance along with your Medicare coverage, the insurers generally do “coordination of benefits” to decide which insurer pays first. … If the employer has 20 or more employees, the group health plan usually pays first. If the employer has fewer than 20 employees, Medicare usually pays first.
Can I drop my employer health insurance at any time?
Usually you can cancel the group health plan at any time during the year. By canceling the group health plan you automatically make all employees eligible for a Special Enrollment Period, which will allow all employees to purchase coverage on the Marketplace.