How Does Medicare With Employer Coverage Work?

Still working at 65? Here’s how Medicare coordinates with your job-based coverage.

Before you delay Medicare, understand how it works with your current job coverage. voronaman/Shutterstock

Most people become eligible for Medicare once they reach age 65. But these days, more and more Americans continue working past that age, while receiving employer-sponsored health insurance.

You may be thinking about how Medicare coverage would work with your job insurance. Do you even need it? What about penalties?