Question:
I will continue to work after turning 65. My employer’s health insurance is a high-deductible health plan paired with a health savings account. How would this fit in with Medicare?
Answer:
In every month that you are participating in any portion of Medicare, you are not allowed to contribute to a health savings account (HSA) at work, according to IRS law. However, there are steps you should take to stop losing your HSA.
Question:
What is Medicare Advantage?
Answer:
Medicare Benefit, also known as Medicare Part C, is a privately run Medicare supplement. Medicare Advantage policies are sold by private insurance providers that have been accepted by Medicare and must provide the same health-care programs as initial Medicare (except hospice care).
Question:
If I have a Medicare Advantage plan, can I switch to original Medicare during open enrollment?
Answer:
Yes, you can make this adjustment during open enrollment or the annual "disenrollment period" that immediately follows.
Question:
What are my options if my Medicare Advantage plan is ending at the end of this year?
Answer:
You can enter another Medicare Advantage plan or enroll in original Medicare if your Medicare Advantage plan expires at the end of the year.
Question:
How do I enroll in a Medicare Advantage plan?
Answer:
To participate in the separate Medicare Advantage program, which is an alternative to original Medicare, you must first enroll in original Medicare.
