COBRA health insurance has to be offered for 18 months, assuming you had a company plan and there are 20 or more employees. You pay the full cost of it, the employer and the employee cost. Just heard this this morning from a financial planner on the local talk radio show. Also, he was talking about Medicare and how if you don't sign up when eligible, at 65 or after, and not covered by an employer plan, you could be without coverage for a time until the next open enrollment period AND you'll be penalized an additional 10% of your Part B premium FOR LIFE! He said you have 8 months from the day you retire to sign up. The open enrollment is Jan. 1 but your coverage won't start until the next July. So, don't let that slip your mind when you get there.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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