I'm still working at 67, and I don't know if I need Part B. Why is something so basic so hard to figure out?

Question

Tony Capraro III · Accepted Answer

It seems hard but when you know the specifics you can make the right decision for you!
If you work for a company with 19 or more employees you can stay on that work plan until you retire and then get Part B!  Work with someone like me-who works with Medicare Planning every day for clients!  We give great information so folks can make good decisions!

John Stagner · Answer

Answering the first question first: it’s hard to figure out because the government wrote it! They don’t really understand how to make things simple.…

Here’s the quick rule about employer insurance after age 65: if your employer has 20 or more employees and you are covered by the employer’s insurance and still working, you can delay part B as long as you want with no concern about having a penalty later. The moment that you stop working for that employer or discontinue that insurance, that’s the time that you need to enroll into Medicare part B in order to avoid a penalty.

I always advise my clients to compare the costs and coverage of the employer plan versus Medicare so they can make an informed decision.

Timothy Brown · Answer

Signing up for Medicare Part B is not mandatory or necessary as long as the employee is currently enrolled in their group employer plan which is considered creditable coverage. As a result, you will be exempt you from a late enrollment penalty should you decided to enroll in Medicare Part B past the age of 65, however there's one exception: Signing up for Medicare Part B will be required if the employer has less than 20 employees.

Answered by Timothy Brown on April 13, 2025

Broker Licensed in PA, CT, DE & 15 other states

Answered by Timothy Brown Medicare Insurance Agent

Jennifer Stark · Answer

You will need a part B plan only if you are not under employer coverage that includes a perscription drug plan. When you decide to retire and get off of their group plan, you can apply for part B. Then get on A Medicare advanatge plan that includes a drug plan. Or you cxan chose a Medicare Supplement plan and get a stand along PDP.

Answered by Jennifer Stark on April 7, 2025

Broker Licensed in WI, CO & FL

Answered by Jennifer Stark Medicare Insurance Agent

Vachik Chakhbazian · Answer

you can delay enrolling in Part B and may not need it until you retire. if your employer has fewer than 20 employees, you'll likely need Part B to avoid gaps in coverage.

Marcie Barnes · Answer

As long as you have credible coverage through your job you don't need Part B. You may want to explore your options though. Employer coverage is not always the best option if you have high premiums and Deductibles. Feel free to reach out to me to further discuss your options 9403000312 Marcie Barnes

Answered by Marcie Barnes on April 11, 2025

Agent Licensed in TX, AK, AL & 48 other states

Answered by Marcie Barnes Medicare Insurance Agent

Mary Salmon · Answer

If you are still working for an employer with at least 20 employees and have employer group health insurance, you can postpone part B. I recommend that you get part a while still employed and then enroll in part B when you retire. It is important to speak with a Medicare specialist to determine if your employer group coverage is considered creditable.

Answered by Mary Salmon on April 9, 2025

Broker Licensed in TX & OK

Answered by Mary Salmon Medicare Insurance Agent

Daniel Young · Answer

You do not need part B until you lose your employer's health plan.  No need to incur the part B premium until necessary.

Garrett Ball · Answer

You do not need Part B if you are covered by a group/employer plan that is primary to Medicare (if employer has more than 20 employees). You can delay Part B enrollment and add it later, without penalty, through a special enrollment period (https://www.ssa.gov/medicare/sign-up/part-b-only).

Answered by Garrett Ball on April 16, 2025

Broker Licensed in NC, AL, AR & 38 other states

Answered by Garrett Ball Medicare Insurance Agent

I'm still working at 67, and I don't know if I need Part B. Why is something so basic so hard to figure out?

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I'm still working at 67, and I don't know if I need Part B. Why is something so basic so hard to figure out?

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