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Lane
Lane, JD,CFP, MBA, CRPS
Category: Social Security
Satisfied Customers: 11592
Experience:  Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial, Social Security & Tax advice since 1986
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I am 75 years old and receiving benefits. When I started

Customer Question

I am 75 years old and receiving benefits. When I started taking benefits i enrolled in Medicare but because I still work for a corporation and made medicare secondary and continue to be insured with my corporation. I will, however loose corporate benefits as of July 1, 2017. I want to purchase the best Medicare advantage plan possible but my question is when do I do that. Now during open enrollment or when loose my corporate benefits.
Thank you
Submitted: 7 months ago.
Category: Social Security
Expert:  Lane replied 7 months ago.

Hi. My name's Lane.

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You don't have to use open enrollment.

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See this from Medicare.gov, as it relates to losing workplace coverage:

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"What can I do?

Join a Medicare Advantage Plan or Medicare Prescription Drug Plan.

When?

Your chance to join lasts for 2 full months after the month your coverage ends."

Expert:  Lane replied 7 months ago.

You can see that here, under "special enrollments periods." Then go down to "you lose your current coverage."

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https://www.medicare.gov/sign-up-change-plans/when-can-i-join-a-health-or-drug-plan/special-circumstances/join-plan-special-circumstances.html#collapse-3200

Expert:  Lane replied 7 months ago.

Please let me know if you have any questions at all, before rating me.

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And if you DON'T have other questions Your positive rating … (by using those the stars or faces on your screen, and then clicking “submit”) …would be appreciated!

Otherwise I receive no compensation for the work.

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Thank you,

Lane

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I hold a law degree, with concentration in Tax Law, Estate law & Corporate law, a Master’s Degree, with specialization in financial accounting & tax, a BBA, and CFP & CRPS designations, as well - I’ve been providing financial, Social Security/Medicare, estate, corporate, non-profit, and tax advice, since 1986