Should I cancel one of my medicare plans? | Q and A with the Insurance Commissioner
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.)
Bills show hundreds of residents doubled or tripled their water usage in the past two months, but many say they’ve not increased, or even decreased, their water consumption, and the city’s system must be wrong.
This is Part 2 of a three part in-paper Enumclaw mayoral debate between Jan Molinaro and Kim Lauk. Both are first time candidates for mayor. The incumbent, Mayor Liz Reynolds, chose not to seek a third term.
Sexually transmitted diseases (STDs) are on the rise across the U.S. and Washington and King County data show a similar trend towards more syphilis, gonorrhea, and chlamydia.
The Courier-Herald is publishing a three-part debate between Black Diamond Mayor Carol Benson and her opponent Judy Baxley. Last week, candidates answered questions concerning the city, and what they would do as mayor to address any issues. This week, Part 2, is a chance for candidates to rebut their opponent’s statements. Part 3 will wrap-up with final statements.
Oakpointe is gearing up to start home construction in the Ten Trails project in Black Diamond — the developer is only waiting for is final authorization by the City Council. Final plat authorization was submitted by Oakpointe to city staff on Aug. 30, and after staff review, sent to the City Council for action on the Oct. 5 meeting. Council tabled the item to the Oct. 19 meeting. Additionally, a new roundabout opened in the city.