Monday, December 1, 2014

Don't Assume that Medicare will become your Primary Insurance

URGENT NEWS FLASH: If you fill out Medicare’s IEQ (Initial Enrollment Questionnaire) 3 months prior to your eligibility date (the first day of the month of your birth month) for Medicare AND fill in that you have health care coverage through an employer’s plan, BE SURE to update Medicare on your eligibility date that the other health insurance plan will become Secondary, OR Medicare will assume – even though it charges the same premiums as if it was primary – that Medicare is Secondary. Having both as Secondary won't work: there will probably be a perpetual juggling between the two ("I'm second." "No, I'm second.")

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