At 65, He Thought COBRA Would Let Him Delay Medicare Without a Penalty. He Was Wrong.

At 65, He Thought COBRA Would Let Him Delay Medicare Without a Penalty. He Was Wrong.

Keeping an employer health card in your wallet at 65 feels like staying covered, but Medicare draws a sharp line between the insurance and the job that created it, and crossing that line at the wrong moment can cost you for life.

At 65, He Thought COBRA Would Let Him Delay Medicare Without a Penalty. He Was Wrong

The post At 65, He Thought COBRA Would Let Him Delay Medicare Without a Penalty. He Was Wrong. appeared first on 24/7 Wall St.. Picture a man who leaves his job shortly before turning 65 and elects COBRA. The insurance card stays in his wallet. The doctors remain familiar. Nothing about the…