 [ Symptoms ] 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 [ Disease ] medicare counts as qualifying insurance coverage and once you are eligible you will not need any additional insurance you also have the right to turn down your employer is offer of insurance    they can not 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 is insurance if you feel the coverage is too expensive for you