Since last fall, we at California Health Advocates have received many questions related to Medicare and Covered California, the state’s health exchange or Marketplace. We updated our information as federal agencies developed guidance on these issues. See our FAQs About Medicare and Covered California.
Earlier this week, the Centers for Medicare and Medicaid Services (CMS) released FAQs Regarding Medicare and the Marketplace (PDF). The document is a response to questions from us at California Health Advocates and other advocacy organizations.
The 15-page document has 5 sections answering questions about prescription drug coverage, premium tax credits and penalties that may apply to Medicare beneficiaries, including:
- Do I need a Marketplace plan if I already have Medicare?
- What should I do if I have a Marketplace plan when I become eligible for Medicare?
- If a Marketplace plan costs less than Medicare, can I choose Marketplace coverage instead of Medicare?
If you have questions about Medicare and Covered California, please contact your local Health Insurance Counseling and Advocacy Program (HICAP) at 1-800-434-0222.