As more people delay their retirement past age 65, more workers are becoming eligible for Medicare coverage. For employers that provide health insurance coverage as an employee benefit, the savings could be great for both the organization and the employee if the eligible beneficiary obtains some sort of Medicare coverage.
However, the size of an organization has different rules, and some employees can even face late penalties if they enroll in a Medicare plan too late after turning 65.
For companies with 20 or more employees, watch this video to understand the options your employees have.
For companies with fewer than 20 employees, watch this video to understand the options your employees have.
If you or an employee needs assistance in enrolling in a Medicare program as a secondary form of coverage or navigating other options, please have them reach out to a CanopyNation expert at hello@joincanopynation.com or 901-805-2860.