05-29-2022, 06:48 PM
Part B is what you get when you are 65 for non-hospital care. It costs $170.10/mo. (Part A, hospitalization, has no premiums.) However, if you have an employer provided healthcare plan that is equal or better than Part B, you can stick with that beyond age 65. If you buy privately then you have to move to Part B at age 65.
The math would indicate that you are getting a bill for five months. Pay it. If you transition from an employer plan but don’t do it within 63 days, thus being uninsured, you pay a penalty for the rest of your life and the penalty increases the longer the uninsured gap.
The math would indicate that you are getting a bill for five months. Pay it. If you transition from an employer plan but don’t do it within 63 days, thus being uninsured, you pay a penalty for the rest of your life and the penalty increases the longer the uninsured gap.