I have retiree insurance. How does that work with Medicare?
Retiree insurance is always secondary to Medicare. This means that it only pays after Medicare pays. If you do not take Medicare Part A and Part B when you become eligible for it, it will be as if you have no insurance. Since each retiree plan is different, you should contact your plan's benefit's administrator to find out about your plan's out-of-pocket costs and the services it covers.
Whether you keep your retiree insurance is up to you. Retiree insurance can act as supplemental insurance to Medicare. This means that it may pay out-of-pocket costs that Medicare does not pay for. It may also cover things that Medicare does not cover such as routine vision or dental care. Remember, you are responsible for paying your Medicare premiums as weel as your retiree plan's premiums.