Tag Archives: Obamacare

Part B Penalty Waiver for ACA Medicare Eligibles

In February, I blogged about the confusion many seniors encounter regarding the decision to move to Medicare if they are on an Individual health plan under the Affordable Care Act (Obamacare).  I noted that even though they can keep their ACA plan, it is rarely beneficial to do so.

The other issue noted was that people on an ACA plan  that are also eligible for Medicare, must elect Part B.  If they do not do so, they will be subject to the Part B penalty.  Very recently, Medicare has announced they will allow people who were impacted by this situation to apply for a waiver.  The deadline is September 30th to get this in.

If you want to read more about this issue, you can see a related article at the following link:  http://khn.org/news/feds-to-waive-penalties-for-some-who-signed-up-late-for-medicare/

Based in the Richmond, Va area, David Higgs of Choices In Medicare specializes in helping seniors transition to Medicare.  He can be reached at email:  David@ChoicesInMedicare.com or go to website:  www.ChoicesInMedicare.com

Medicare Eligible Seniors Who Also Have an ACA Plan Should Consider Their Options.

Seniors who either already have Medicare or who will soon become eligible for Medicare and also have an ACA Health Plan (aka “Obamacare Plan”),  should carefully consider their coverages.  This creates a lot of confusion for seniors in this situation as there is no single source to confirm what they should do.  In general, having both will duplicate coverage and be more expensive than just having a Medicare Supplement or Advantage Plan.  A recent article that describes some of the issues is linked below.

http://khn.org/news/officials-warn-some-older-marketplace-customers-to-switch-to-medicare/

Feel free to contact me if you have any questions or need assistance with selecting a Medicare Plan.  I don’t charge any fees nor increase your cost.

Based in the Richmond, Va area, David Higgs of Choices In Medicare specializes in helping seniors transition to Medicare.  He can be reached at email:  David@ChoicesInMedicare.com or go to website:  www.ChoicesInMedicare.com