(Related: Active Employee Coverage and Medicare Part B: Medicare Customer Inbox)
Some Medicare enrollment questions come from workers past the usual retirement age who are still using their employer’s health plan.
Here’s one that’s probably on the minds of many Medicare-eligible employees going into the new year.
The Question
I’m over 65 and still working full-time. I have health coverage through my employer. What are the benefits of switching to Medicare in 2021?
The Answer
There are a few key reasons those eligible for Medicare should consider making the switch, primarily lower cost, wider coverage and greater satisfaction. According to a recent Kaiser Family Foundation employer health survey, premiums for employer healthcare are up by as much as 4% and deductibles have increased by 25% over the past five years.