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Medicare Lapse

8 years ago
Hi Everyone:

I am retired and have decided to live in the Philippines. Presently, I have the 13A probationary residence. My question for anyone in a similar situation: To keep my Medicare insurance alive, I understand that I need to be physically in the US for 9 months of the year. The costs of traveling to the US for such long periods strictly for that purpose would be cost-prohibitive for me. Anyone knows what happens if I simply let my Medicare lapse? What happens if at a later date I travel to the US and require medical attention? Any info on the penalties for such lapses would be greatly appreciated. Thanks.

AGS Worldwide Movers
AGS Worldwide Movers
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

AGS Worldwide Movers
AGS Worldwide Movers

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