Medicare can be quite confusing!! There are too many letters, and there are too many rules and regulations behind it. But, that is where we are here, ready to help you out.
How to Get Medicare :
One of the biggest questions is how to get Medicare. To qualify for Medicare:
. – for people age 65 or older
– younger people with disabilities
– people with End Stage Renal Disease (permanent kidney failure requiring dialysis or transplant).
You are eligible for premium-free Part A if you are age 65 or older and you or your spouse worked and paid Medicare taxes for at least 10 years. You can get Part A at age 65 without having to pay premiums if:
a. you are receiving retirement benefits from Social Security or the Railroad Retirement Board.
b. you are eligible to receive Social Security or Railroad benefits but you have not yet filed for them.
c. you or your spouse had Medicare-covered government employment.
If you (or your spouse) did not pay Medicare taxes while you worked, and you are age 65 or older and a citizen or permanent resident of the United States, you may be able to buy Part A. If you are under age 65, you can get Part A without having to pay premiums if:
You have been entitled to Social Security or Railroad Retirement Board disability benefits for 24 months. While most people do not have to pay a premium for Part A, everyone must pay for Part B if they want it. This monthly premium is deducted from your Social Security, Railroad Retirement, or Civil Service Retirement check. If you do not get any of these payments, Medicare sends you a bill for your Part B premium every 3 months.
To see about your eligibility and possible premium, click here. (Eligibility & Premium Calculator | Medicare)
Medicare is broken down into these 4 letters: A, B, C, D.
Medicare Part A and Part B are always called, “Original Medicare”. Medicare Part B pays for 80% of covered services. To pay the balance of covered services, you would need a Medicare Supplement or Medigap to cover that balance. (For more information, click here.)
Special Enrollment Period / Annual Enrollment Period:
Anyone can make changes to their coverage and enroll in a Medicare plan each year, from October 15 to December 7. If you’re in Original Medicare, you can switch to a Medicare Advantage plan — or vice versa.
This all sounds great, but you have to pay for it. The current costs to Medicare is shown this picture: