No. of Recommendations: 0
Most employers plans cease coverage of seniors ...and require that YOU sign up for Medicare Part A. They might cover part B - or not - and they usually require you to sign up for drug plan - unless they have an equivalent one for seniors.

Actually, employers can't do that if they have more than 20 employees.

Look, we are talking about the typical case here, not outliers.

Yeah, sure, you can find cases where somebody stayed on the payroll until they turned 70 or 75, but that's not what any of these discussions are about.

The NORMAL retirement age is 65. That's the age most people are thinking toward.

I think Motorola had a pretty typical health insurance plan for the industry. There was a post-retirement-pre-age-65 plan for people who retired before 65. That stopped at 65, because that's when Medicare began. The post-retirement-post-65 plan was just a portion of the Part D cost. You were expected to have filed to be on Part A and B.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.