Common Questions & Misconceptions about Medicare TopicsPopular TopicsMost Recent Medicare Working Past 65 Lifestyle & Wellness Considering Retirement Existing Clients Here is a list of some of the most common questions and misconceptions we hear and the answers to debunk the myths. Let’s see if any of these surprise you or if you are already a Medicare master! True or false: I don’t need to sign up for Medicare at age 65 because I’m still working and have employer insurance. Answer: False. To many Baby Boomers’ surprise, having employer insurance at age 65 and beyond does not automatically mean you do not need Medicare. Oftentimes, you can even save money by coming off your employer coverage and enrolling in Medicare. Additionally, failing to fully understand how the rules apply to your unique situation and take the necessary steps can result in expensive penalties when you do sign up for Medicare that stay with you your whole life. True or false: When I retire and go on Medicare, my younger spouse and I will both be covered. Answer: False. With employer insurance (also referred to as group insurance), it is very common for you to be able to get health care coverage for you, your spouse and even dependents. However, Medicare plans are part of the “individual market,” meaning these policies are intended to cover individuals. So, when you go to retire, if your spouse relies on you for health insurance, you may need to take a look at health plan strategies for both of you. True or false: Medicare is free. Answer: Many people think Medicare is free. Unfortunately, it is not. In fact, some studies cite that in general, Medicare will cover about 60% of your health care costs in retirement. What’s more, Medicare coverage includes costs of its own through premiums, coinsurance, deductibles and more. Have questions about any of the information we covered here? Reach out to our team of trusted advisors for answers! Call 1-866-600-5638 or email firstname.lastname@example.org today! Stay informed about Medicare An easy way to stay updated on Medicare and any important changes is to sign up for the free, customizable RetireMEDiQ newsletter. Based on your personal preferences and interests, helpful articles and community-related content will be sent directly to your inbox. Sign up for our newsletter Yes! Tell me more about Medicare and help me explore my options.Name First Email* Date of BirthMonth123456789101112Day12345678910111213141516171819202122232425262728293031Year202120202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995199419931992199119901989198819871986198519841983198219811980197919781977197619751974197319721971197019691968196719661965196419631962196119601959195819571956195519541953195219511950194919481947194619451944194319421941194019391938193719361935193419331932193119301929192819271926192519241923192219211920Phone*By entering your information, you are authorizing RetireMEDiQ to communicate with you directly regarding Medicare news and health care coverage.vidhiddenPhoneThis field is for validation purposes and should be left unchanged.