Medicare Gotcha’s

  • Don’t keep COBRA after you turn 65. COBRA is not considered coverage based on current employment. This means if you are on COBRA after 65, there is not a Special Enrollment Period when you leave COBRA or it terminates. This means you can only enroll in Medicare during the General Enrollment Period (you enroll between Jan 1 and Mar 31 and coverage starts July 1) and you most likely will be paying a penalty for late Part B enrollment.


  • Part B and Part D premiums for high income earners – If you have a household income that is greater than $85,000 if you file individually or $170,000 if you file jointly your premiums for Medicare Part B and Part D will be increased.