In Video #2 – We discuss COBRA and Medicare and explain the deadline which you must not miss if you elect COBRA after you turn 65.
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Top 5 Things We Wish All Beneficiaries Knew About Medicare – #2
Do you have a question about Medicare and Employer Coverage? Comment below and we’ll answer!
Is it better to go with Cobra after retiring or Medicare?
Usually not. COBRA is very expensive where as Medicare and a supplement or Advantage plan cost alot less. You can avoid unnecessary penalties as well.
I have heard of people getting into bad situations with COBRA and Medicare just assuming it was okay since they were ‘covered’ … great info!
Thanks for explaining this. My parents are on medicare.
I did not know that you could be penalized for electing to take Cobra over Medica after you stopped working. Thank you for sharing.
Great video! Thank you for outlining some pros and cons. Cheers!
This is such great information for those needing to figure out medicare!
Thanks, AJ!
Good information to know. Thanks.
You are welcome, Heather!
Learned some new things today!
Happy to hear that!