The coordination of benefits between Medicare and COBRA is often misunderstood and can wreak havoc on your coverage and your wallet if you fail to enroll in the necessary parts of Medicare at the proper time.
In this video, we will be discussing the Consolidated Omnibus Budget Reconciliation ACT – or COBRA – for short. I’ll show you how it coordinates very differently with Medicare than active employer coverage would if you were still working for a large employer.
Start (00:00)
What is COBRA (0:36)
Medicare and COBRA coordination (1:38)
On COBRA before Medicare eligibility at 65 (2:23)
Working past 65 and offered COBRA (3:48)
Late Enrollment Penalty for Part B (4:50)
Part D and COBRA (5:22)
End- Stage Renal Disease (5:40)
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#COBRAInsurance #MedicareandCOBRA #COBRACoverage
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Watch next: "What Does Medicare Part A Cover?"
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