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Can Enrolling in COBRA Cause a Medicare Penalty?
October 05, 2022
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15:48
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Can enrolling in COBRA cause a Medicare Penalty? Maybe! On this episode of Medicare Moments with Toni King, Toni answers a question from Robert, a 70-year-old former oil industry worker. Robert and his wife are enrolling in Medicare Part B for the first time and, boy are they surprised to find out they're getting penalized for not enrolling sooner! The couple had assumed that it wasn't yet necessary to enroll in Part B since they were receiving COBRA after Robert was laid off. What should they have done differently? And, what can you do to avoid Part B penalties when receiving COBRA? Toni King explains!
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Meet Your Host
Toni King is an author, columnist, and radio and TV personality who specializes in Medicare, Social Security, and long-term care planning. While conducting a Medicare workshop in 2009, Toni was approached by a member of the audience who had received incorrect information about his Medicare Part B enrollment from Social Security. After taking a couple of days to help the gentleman straighten out his overwhelming problem, Toni’s new mission had become clear. Following more than 27 years as a top sales leader in the Medicare insurance industry, Toni would become an advocate for Americans receiving Medicare. Since then, Toni has devoted her life and career to putting Medicare into “people terms” with the help of her books, consultations, workshops, and website. Toni King is from Houston, Texas, where her family’s restaurant, Angelo’s Fisherman’s Wharf, was a community landmark. As a dedicated native Houstonian, Toni often says she bleeds red, white, and blue!
