How do I switch from my individual plan to Medicare?
If you're still employed and your company offers health benefits through StretchDollar, here's how it works:
- Enroll in your medicare policies
- Cancel your ACA individual coverage for dates in advance of your Medicare start date (this is the health plan you were using your StretchDollar funds to cover the cost of).
- Submit updated proof of coverage for your Medicare in StretchDollar. Once your admin approves it, it replaces your current auto-reimbursement. (Only an admin can cancel an auto-reimbursement, so if you don't need one anymore, ask your admin.)
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Upload your new Medicare Part B, D, and C receipts to StretchDollar to claim your updated reimbursements.
Need help?
If you’re unsure whether to enroll or how to coordinate Medicare with your StretchDollar benefit, email us at support@stretchdollar.com