Should I cancel one of my medicare plans? | Q and A with the Insurance Commissioner

I’m on Medicare Part A and B. I want to drop Part B and buy a health plan through the Exchange so that I can get a subsidy.

The following question was asked and answered on the Washington State Office of the Insurance Commissioner Mike Kreidler’s website:

Q: I’m on Medicare Part A and B. I want to drop Part B and buy a health plan through the Exchange so that I can get a subsidy.

A: Don’t do it.

That’s worth saying again: Do Not Do This.

Here’s why: Most health insurance plans have language in their policies that lets them drop anyone who is eligible for Medicare. As a result, even if you manage to sign up for the plan, the company will likely eventually figure out that you’re eligible for Medicare and will drop you.

Then, if you go back onto Medicare Part B, you’ll have to pay a penalty for as long as you continue to have Medicare. The penalty is 10 percent for each full 12-month period that you could have had Part B.

And that’s not all. If you are Medicare-eligible and you purchase a plan offered on the Exchange, you are not eligible for an Exchange plan subsidy. (If you are on Medicare, you are already getting a subsidy, because the federal government pays far more in Medicare costs that current Medicare recipients paid into the program.)

More in Life

Enumclaw High hosts 7th annual Empty Bowls event

The event, held at Enumclaw High School, will help fund the Enumclaw Food Bank and Plateau Outreach Ministries.

Read the first two books before tackling ‘Banished’

Well, look at you. And you do — ten times a day,… Continue reading

Buckley Kiwanis names Students of the Month

For January, students from White River High School, Glacier Middle School and Carbonado Historical School District were chosen.

Local students named to WSU honor roll

Students from Black Diamond to Sumner found themselves on WSU’s President’s Honor Roll.

A small act of kindness can make a big impact | SoHaPP

Join SoHaPP’s book group this February to discuss “Wonder” by R.J. Palacio. Don’t have the book? Check it out at the Enumclaw Library or visit The Sequel.

This book will WOW you | Point of Review

Wow. Just… wow. Did you see that? Wasn’t it awesome? It was… Continue reading

EHS graduate McNab promoted to Lieutenant Colonel

Tom McNab was recently promoted to the rank of lieutenant colonel in the United States Air Force.

White River Valley Museum opens “Suffer for Beauty” exhibit

Corsets, bras, and bustles, oh my! The White River Valley Museum is hosting its new event, “Suffer for Beauty,” which is all about the changing ideals of female beauty through the ages. The exhibit runs through June 17.

Library’s art and writing contest returns to Pierce County | Pierce County Library System

Pierce County teens are encouraged to express themselves through writing, painting, drawing and more for the annual Our Own Expressions competition, hosted by the Pierce County Library System.

‘School of Awake’ offers advice to adolescent girls

Twinkle, twinkle. For as long as you can remember, you’ve known how… Continue reading

Mental health first aid training in Enumclaw | The Summit

Friday, January 19 at 7 p.m., Dr. Michelle Bengtson will kick off the mental health-themed weekend by speaking on Hope for Depression: The World’s Greatest Epidemic. Dr. Bengtson is the author of the award winning “Hope Prevails: Insights from a Doctor’s Personal Journey through Depression.”

Print 3-D creations at Pierce County Library System

Bring a ready-to-print file and watch the magic of 3-D printing bring the file to life at Pierce County Library System’s 3-D Print Shop. The free print shop sessions are offered January through March at Pierce County Libraries, giving people the opportunity to use the 3-D printers to create items, get quick design lessons, and learn the 3-D printing process.