Medicare & the Marketplace | Medicare.gov

The Health Insurance Marketplace that starts in 2014 is designed to help people who don’t have any health coverage. If you have health coverage through Medicare, the Marketplace won’t have any effect on yourMedicare coverage.

Your Medicare benefits aren’t changing. No matter how you get Medicare, whether through Original Medicare or a Medicare health plan, you’ll still have the same benefits and security you have now, and you won’t have to make any changes. Learn about the 5 ways the Affordable Care Act affects people with Medicare.

 

The Marketplace provides new health coverage options for many Americans. If you have family and friends who don’t have health coverage, tell them to visit HealthCare.gov to learn more about their options.
You don’t need to do anything with the Marketplace during Open Enrollment

Medicare’s Open Enrollment isn’t part of the Marketplace.

Medicare Open Enrollment (October 15-December 7) is the time when all people with Medicare are encouraged to review their current health and prescription drug coverage, including any changes in costs, coverage and benefits that will take effect next year. If you want to change your coverage for next year, this is the time to do it. If you’re satisfied that your current coverage will continue to meet your needs for next year, you don’t need to do anything.

The Health Insurance Marketplace Open Enrollment period (October 1, 2013-March 31, 2014) overlaps with the Medicare Open Enrollment period (October 15-December 7, 2013).

If you have Medicare, make sure that you’re reviewing Medicare plans and not Marketplace options. To review Medicare plans, use the Plan Finder.

What if someone tries to sell me a Marketplace plan?

It’s against the law for someone who knows that you have Medicare to sell you a Marketplace plan.

The Medicare Open Enrollment period is a time when there’s a higher risk for fraudulent activities. Learn how to preventspot, and reportfraud.

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Affordable Care Act (ACA) Tax Provisions-IRS

The Affordable Care Act (ACA), or health care law, contains many tax and other provisions for employers. The IRS will administer the tax provisions included in the law. Visit HealthCare.gov andSBA.gov/healthcare for more information on other provisions.

The Affordable Care Act (ACA), or health care law, includes new health insurance coverage and financial assistance options, including the Premium Tax Credit, for individuals and families. The IRS will administer the tax provisions included in the law. Visit HealthCare.gov for more information on coverage options and assistance.

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ACA Provisions: What You Need to Know

ACA Provisions: What you need to know phone forum recording now available

 

If you want to listen to the April 30th ACA Provisions: What you need to know! Phone Forum, click the link. The 60 minute presentation covers:

 

  • What is included in the cost of coverage (i.e. health, dental/vision, FSA benefits).
  • Additional Medicare Tax: application, calculation, and reporting.

 

You will have access to a transcript with links to sites and forms for your convenience.

 

If you have any questions, please email them.

 

 

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