Continuing to Work Past Age 65

If you intend to continue working past Medicare eligibility and also intend to continue enrollment in an employer-sponsored health care plan, you should waive Medicare Part B. The late enrollment penalty for Medicare Part B is waived if you are covered under an active employer plan. You can choose to enroll in Part A, which costs you nothing, as this will provide Medicare with the information that you are currently employed. You will not use Medicare benefits while covered under an active employer plan. 

Enrolled in a CDHP/HSA

For enrollees in an CDHP, all parts of Medicare should be waived. Medicare coverage is considered "other health plan coverage" that makes you ineligible to make or receive HSA contributions. If you elect to receive Social Security Retirement Benefits you will automatically be enrolled in Medicare Part A (also known as Hospital Insurance). Currently, there is no process within the Social Security Administration to waive this automatic coverage. In certain circumstances, Medicare Benefits may have a retroactive effective date. You must adjust your HSA contributions to reflect these additional months of Medicare coverage if you find yourself in this situation. You can make changes to your coverage through the University using the Benefits worklet in Workday (beginning January 2021). If you need to make adjustments to contributions already made, please access the appropriate form from the resources section of your MyBenefitWallet portal.