Alert
Close

Think you know AARP? What you don't know about us may surprise you. Discover all the 'Real Possibilities'

HIGHLIGHTS

Open

REAL POSSIBILITIES

AARP Real Possibilities

DRIVER SAFETY

Piggy bank on the road - AARP Driver Safety

Take the new AARP Smart Driver Course!

Contests and
Sweeps

Dream Vacation Sweepstakes

10 weeks. 10 amazing trips. Seize your chance to win!
See official rules. 

CHECK OUT OUR
NEW IPAD APP!

ATM Mobile App for iPhone and Ipad

Enjoy the best of AARP’s award-winning publications

on the go with the new

AARP ePubs iPad App

KEEP BRAIN ACTIVE!

AARP Games - Play Now!

AARP Books

Medicare for Dummies book cover

Get the answers you need, from Patricia Barry, AARP's Ask Ms. Medicare

Most Popular

Viewed

share your Thoughts

Reader stories help us fine-tune our education efforts and strengthen our calls for action on issues that matter most to you. We read and learn from every story and may use yours (with permission) to brief legislators, inspire other readers and more. Please share your story with us. Do

Ask Ms. Medicare

Do I Need Medicare if I Have Retiree Health Benefits?

Q. I’ll retire at the end of the year, and fortunately my retiree benefits include medical and prescription drug insurance. Do I need to enroll in Medicare?

A. There’s no reason not to sign up for Part A hospital insurance (see reasons here). But you’ll have to think carefully about Part B (medical insurance). These are your options:

  • You can sign up for Part B within eight months of retiring and possibly pay two sets of monthly premiums—one for your retiree coverage (if it requires a premium) and one for Part B.  Or
  • You can choose not to sign up for Part B within eight months of retiring. But be aware that if at some future date you lose your retiree health coverage (or decide to drop it) and want to join Part B at that time, you would pay a late penalty on all future Part B premiums. The penalty amount would be an additional 10 percent of the cost of the premium for each year since your retirement, as explained here

Part D (prescription drug insurance) has different requirements. You do not need to sign up for Part D as long as your retiree drug coverage is at least as good as Medicare’s. The administrator of your retiree health plan can tell you whether it is or not.

Patricia Barry is a senior editor at the AARP Bulletin.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Medicare & Medicaid News

Discounts & Benefits

bring health To Life-Visual MD

AARP Bookstore

AARP Bookstore - woman reaches for book on bookshelf

VISIT THE HEALTH SECTION

Find titles on brain health, drug alternatives and losing weight. Do