COBRA health insurance has to be offered for 18 months, assuming you had a company plan and there are 20 or more employees. You pay the full cost of it, the employer and the employee cost. Just heard this this morning from a financial planner on the local talk radio show. Also, he was talking about Medicare and how if you don't sign up when eligible, at 65 or after, and not covered by an employer plan, you could be without coverage for a time until the next open enrollment period AND you'll be penalized an additional 10% of your Part B premium FOR LIFE! He said you have 8 months from the day you retire to sign up. The open enrollment is Jan. 1 but your coverage won't start until the next July. So, don't let that slip your mind when you get there.
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Today's Featured Article - The Niagra View Mobile - Powered by a 1959 Ford Tractor - by Mark Massey. In 1959 the Niagara Frontier Transit Inc. of Buffalo, New York designed and built six Viewmobiles for the Niagara Frontier Sightseeing Inc. for use as a sightseeing ride at the Niagara Falls State Park, Niagara Falls, New York, powered by a 1959 Ford 611 Tractor.
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