Can I choose Marketplace coverage instead of Medicare? Generally, no. As noted above, it’s against the law for someone who knows you have Medicare to sell you a Marketplace plan policy. But you can choose Marketplace coverage if you’re eligible for Medicare but haven’t enrolled in it (because you would have to pay a premium, or because you’re not collecting Social Security benefits). Before making this choice, there are 2 important points to consider: • If you enroll in Medicare after your initial enrollment period ends, you may have to pay a late enrollment penalty for as long as you have Medicare. • Generally you can enroll in Medicare only during the Medicare general enrollment period (from January 1 to March 31). Your coverage won’t begin until July of that year.
Posted on: Thu, 26 Sep 2013 23:14:05 +0000
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