Objective
- Understand who is eligible for Medicare
- Determine whether an individual will have to pay a surtax for Medicare Part B and Part D coverage
- Ascertain whether private or spousal insurance options are preferable to Medicare
Highlights
- Eligibility for Medicare
- How to apply for Medicare
- Introduction to Parts A, B, C, and D of Medicare
- Payments for Parts B and D of Medicare: the higher costs imposed on higher income beneficiaries
- Late enrollment penalties
- Medicare Advantage in lieu of original Medicare
- The Affordable Care Act’s impact on Medicare
- Current and late breaking legislative and regulatory developments
Designed For
Tax practitioners who currently advise or who anticipate advising clients with respect to Medicare enrollment and/or Medicare coverage issuesPrerequisite
An understanding of the tax rules relating to individual income taxAdvanced Preparation
None