Fact Based List:
Some Common Medicare Mistakes People Make
Submitted by Anonymous on Wed, 02/11/2015 - 15:17
- Not checking that your doctors, hospitals and other providers are still covered by your Medicare Advantage plan each year.
- Not realizing that you may be able to switch Medicare Advantage plans after open enrollment.
- Keeping your Part D plan choice on autopilot.
- Automatically buying the same Part D plan as your spouse.
- Not picking the right medigap plan when you first enroll.
- Forgetting that you can sign up for Medicare at 65, even though the full retirement age for Social Security is now at least 66.
- Not signing up for Part B at 65 if you have retiree or COBRA coverage.
- Forgetting about the deadline for signing up for Part B after you leave your job.
- Making financial moves that boost your Medicare premiums.
- Not contesting the high-income surcharge for the year you retire.
- Signing up for Medicare Part A if you want to keep contributing to a health savings account.
Source: Nasdaq
Source URL: http://www.nasdaq.com/article/11-common-medicare-mistakes-cm...
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