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Switching to Medicare from the public health exchange: How to avoid costly mistakes
Oct 20, 2021 | CNBC
Picture - Switching to Medicare from the public health exchange: How to avoid costly mistakes

For anyone nearing age 65 who gets health insurance through the public marketplace, it's almost time to make the move to Medicare.

Generally speaking, you must sign up when you reach that age unless you have qualifying coverage elsewhere. And health plans through the exchanges, whether federal or state, do not count. 

"You need to be prepared to make that change," said Karen Pollitz, a senior fellow with the Kaiser Family Foundation. "Otherwise you can face [costs] for being late to enroll in Medicare and for being late getting out of the marketplace."

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