Do I Need Medicare If I Have Employer Insurance?
It depends on your employer size. With 20+ employees, you can delay Part B and rely on employer coverage. With fewer than 20 employees, you should enroll in Part B because Medicare is primary.
Frequently Asked Questions
- Should I enroll in Part A even if I delay Part B?
- Usually yes. Part A is premium-free for most people and covers hospital stays. However, if you have an HSA, enrolling in Part A has implications for contributions.
- Will my employer plan cover everything if I skip Part B?
- If your employer has fewer than 20 employees, no. The employer plan pays secondary and may only cover a fraction of costs without Part B.
- Can I enroll in Part B later without penalty?
- Yes, if you had continuous employer coverage based on active employment from an employer with 20+ employees. You'll use a Special Enrollment Period.