Questions People Ask

 What does Medicare cost?

You won’t like this answer, but it depends. There is no premium for Medicare Part A if you paid Medicare taxes for at least 10 years, it’s free. However, you will need to pay for Medicare Part B. The premium for Part B depends on your income. More income, higher premium. In 2023 the standard rate is $164.90 a month.

 Should I enroll in Medicare if I work past age 65?

It will depend on if your employer coverage is considered creditable coverage. Check HERE to learn more about credible coverage. Many people who can delay Medicare still choose to enroll in just Part A in addition to their employer insurance. If you do enroll in Part A and continue coverage with your employer, you will not be able to contribute to your HSA any longer.

 Is it required that I enroll in Medicare?

Absolutely not. However, you could pay a penalty if you choose to enroll in Medicare after your Initial Enrollment Period. The exception of that would be if you qualify for a Special Enrollment Period.

 Is dental and vision coverage included with Medicare?

No, dental and vision are not included with Original Medicare. You can, however, purchase a standalone dental and vision plan. Additionally, many Medicare Advantage plans include extras like dental, vision coverage, and prescription drug coverage as well.

 Do I need to renew my Medicare every year?

You do not need to renew each year unless you want to change your plan. This insures your coverage continues. However, plans and costs do change annually so it’s always a good idea to review your healthcare choices. This can be done during the Medicare Annual Enrollment Period, with runs from October 15^th – December 7^th each year.