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Sunday, Apr 20, 2014
Health & Fitness

Medicare questions related to Healthcare Marketplace


Published:

Some questions from seniors about Medicare and the Healthcare Marketplace.

Q: Will I lose Medicare coverage?

Answer: No.

Q: Do I need a new Medicare card?

Answer: No.

Q: Do I have to re-enroll in my Medicare Advantage or supplement plan through the marketplace?

Answer: No, these policies are not sold in the marketplaces.

Q: Will seniors on Medicare have to buy supplemental insurance?

Answer: No.

Q: Will they be fined if they don’t buy coverage through the Healthcare Marketplace?

Answer: No, as long as seniors have Medicare Part A, which is free and covers hospitals, nursing homes and hospice. That means they already have insurance, and are not subject to the penalty that most uninsured adults under 65 will have to pay.

Source: Kaiser Health News

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