Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Antidote Needed for the COBRA Trap
Morning Consult Link to more items from this source
Dec. 22, 2015

"For working seniors with employer-sponsored plans, it may make sense to delay enrollment in Parts B and D to avoid paying premiums for coverage they don't yet need.... Medicare allows seniors to delay enrollment without penalty if they have coverage through work. But once they retire and coverage ends, they have an eight-month window ... to enroll in Medicare Parts B and D without incurring fines. If they miss that window, they could face late enrollment penalties of up to 10 percent for every year late -- and have to pay higher premiums for the rest of their lives. They could even have to go without insurance while they wait for the next sign-up period."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).
© 2024 BenefitsLink.com, Inc.