A 64-year-old engineer takes a buyout from a 3,000-person employer in March. He signs up for 18 months of COBRA the same week, figuring he will deal with Medicare when COBRA runs out. Eleven months ...
“She looked into COBRA, but the cost is absolutely ridiculous.” ...
COBRA does not extend Medicare's 8-month Special Enrollment Period. The clock starts when active employment ends, not when COBRA expires. The permanent Part B late-enrollment penalty adds 10% per ...
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