ADVERTISEMENTConfusion about when to enroll in Medicare for people turning 65 can have costly consequences. However, if you enroll in Medicare, your other coverage might pick up costs that Medicare does not cover, such as your Medicare coinsurance and copays. That said, Medicare might offer you better coverage than your job, so you might want to enroll in Medicare and drop your employer coverage. You should understand the differences between traditional Medicare and Medicare Advantage plans and call Medicare at 800-633-4227 to make sure Medicare knows which plan you are choosing. Medicare Advantage plans, health plans offered by commercial insurers that offer Medicare benefits, also have copays and deductibles and generally limit coverage to a network of doctors and hospitals.
Source: Huffington Post September 10, 2016 11:15 UTC