The Modern Medicare Agency Blog
Retiree insurance & MedicareIf you're retired and have Medicare and group health plan (retiree) coverage from a former employer, generally Medicare pays first for your health care bills, and your group health plan coverage pays second.
4 things to find out about your retiree coverage
You may want to talk to a knowledgeable insurance broker for advice about whether to buy a Medicare Supplement Insurance (Medigap) policy or enroll in a Medicare Advantage Plan. Since Medicare pays first after you retire, your retiree coverage is likely to be similar to coverage under Medicare Supplement Insurance (Medigap). Retiree coverage isn't the same thing as a Medigap policy but, like a Medigap policy, it usually offers benefits that fill in some of Medicare's gaps in coverage—like coinsurance and deductibles. Sometimes retiree coverage includes extra benefits, like coverage for extra days in the hospital and often covers part D prescription coverage.
Everyone’s situation is different if you have questions about Medicare & retirement coverage contact my office and we would be happy to walk you through the steps you need to take.
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