5 Things You Must Know Before You Turn 65

Turning 65 is a major milestone, especially when it comes to healthcare. Before your birthday arrives, make sure you understand:

1. Medicare has different parts (A, B, C, D) and they don’t automatically enroll the same way

2. Delaying Part B can cause lifetime penalties

3. You may not need Part B right away if you’re still working and covered by employer insurance

4. Prescription plans (Part D) vary widely

5. TV advertisements are selling you something – they are not education

The most important step? Learn how Medicare applies to your specific situation.

If you’re unsure, book a consultation with MKG.

How Employer Retiree Health Plans Work With Medicare

Many retirees assume their employer’s health plan disappears once Medicare begins — but that isn’t always true.

In many cases, Medicare becomes the primary payer, and your employer retiree plan becomes secondary. This is called Coordination of Benefits.

Understanding who pays first, what is covered, and how your prescriptions are handled can save you thousands.

This is one of the top areas of confusion for retirees — and one MKG specializes in clarifying.

Medicare Advantage vs Medigap: What’s the Difference?

These names may sound similar, but they are very different:

Medicare Advantage (Part C):

• Private plan

• Bundled services

• Limited networks

• Often low or zero monthly premium

Medigap (Supplemental):

• Works with Original Medicare

• Covers deductibles & coinsurance

• Higher monthly premium

• Greater flexibility

There is no “best plan.” Only the plan that best fits your health and lifestyle.