Do I need medicare if i'm ready to retire but my employer is going to provide me with benefits? I'm age 65 and ready to retire.
Yes. Medicare pays first in all situations unless you (or your spouse) are currently employed and covered by an employer group health plan. In this situation, there will be no surcharge if Medicare is refused until employment ceases. If you are not working, whether your employer provides benefits or not, Medicare is primary and you should enroll. If you refuse Medicare at age 65 and again don't accept Medicare when you retire you will risk a premium surcharge and possibly a delay in receiving Medicare benefits. See our section on Social Security Law for more details.
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