If you are over 65 and have your health insurance coverage through an Affordable Care Act (ACA) marketplace, you are in danger of having to pay higher premiums for the rest of your life once you switch to Medicare. The federal government has given people who are over 65 and still enrolled in a marketplace plan until Sept. 30 to move to Medicare Part B to avoid incurring a lifetime late-enrollment penalty.
The vast majority of Americans over 65 already are signed up for Medicare — either because they are collecting Social Security benefits and were enrolled automatically or because they signed up right before or right after their 65th birthday. The federal government says individuals should enroll up to three months before or until three months after turning 65 to avoid penalties for late enrollment, unless they receive insurance through a large employer.
Read this important article from AARP by following this link.
AARP was founded in 1958 and has 35 million members. It is a nonprofit, nonpartisan organization for people over the age of 50. AARP is well-known for its advocacy efforts, providing its members with important information, products and services that enhance quality of life as they age. They also promote community service and keep members and the public informed on issues relating to the over 50 age group.