medicare counts as qualifying insurance coverage and once you're eligible you won't need any additional insurance. you also have the right to turn down your employer's offer of insurance -- they can't force you to buy it. once you have medicare (make sure you sign up for parts a b and c to be fully covered) you can drop your employer's insurance if you feel the coverage is too expensive for you.
i am eligible for medicare on feb. 1. can my company deduct for health insurance that i will never use? . my company is requiring that i be given insurance under the aca. i will be receiving and paying for medicare by february 1 2014. not only that but the plan that my company wants to provide has a deductible of $5 000. if i refuse that same $400 will be deposited into a 401k plan. again keep in mind that i am going to be 65 on feb. 2