Cobra is not Creditable Medicare Part B coverage

We learned an interesting fact during a lunch and learn you should share with anyone you know retiring and having to consider Medicare. COBRA coverage from an employer plan is not considered “creditable coverage” for Medicare Part B and possibly Part D. If someone thinks they don’t have to enroll in Part B b/c they have Cobra, they could be subject to late entry penalties which stick with you forever.

http://1.usa.gov/1Tw8RX8

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