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I'll be 65 in 01/16. I plan to continue working in Switz. with Swiss insurance 'til 07/16. I've both Swiss & US citizenship. Will there be the 10% premium penalty if I wait to enroll in part B until my Swiss insurance ends in July 2016?
Also, will I still have an open enrollment for Supplemental Medigap insurance in August 2016?

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Working with switching insurances when a person retires can be kind of a circus, but once you are settled, it should be good other than going over meds for Medicare D once a year if you choose to do that.

Back when I was a news librarian, every year we'd go through meetings and nonsense about our "choices" even though we had no real choices. Since I've been self-employed, I've faced other insurance decisions. So, yes, the end of the year/beginning of the next is not only about holidays. It's about health insurance and taxes : ) It's always something that I've dreaded dealing with every year so I hear you, blueviolet.
Carol
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If you have insurance that is still good, I think you will not pay the penalty. Go to medicare.gov and check that. There is an answer there. People who have insurance with their employer do not have to pay the penalty. I don't know if that fits your situation, but it might.
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You might as well enroll in Part B. It doesn't take effect until July anyway, even if you enroll in January.
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My husband retires in March, I signed him up for everything but could not find a change the start date for March 1st. For me, since it is only two months, I will not worry if I can't figure out how to postpone the start...but you are supposed to be able to do this. I was just happy I could figure out all the insurance options we needed...so this will be next...And then I have to go to the market place and get my own insurance. Never done.
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There is no penalty if you provide a letter from your employer stating that you had coverage with them until the date you retired. I, myself, did this through my spouse's former employer.
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