You may be wondering if you can sign up for Medicare. There are some simple ways to figure it out. So how to find out if you’re eligible for Medicare benefits? The good news is that there are many different ways for people to qualify for Medicare who don’t have the same work experience. It’s essential to note the choices, so you can make educated decisions about your potential Medicare health insurance. Medicare can be confusing to navigate if you’re unsure what your eligibility requirements are or how it works. This will help you answer some of the most common questions about Medicare. For those who never worked in the workforce, what does work have to do with my eligibility? How much does Medicare cost? And what happens when I turn 65? Read on to find out more!
If you are 65 or older, you are eligible for Medicare and have worked contributed to Social Security for at least 10 years. You may also qualify if you are under age 65 and disabled or have ESRD or Lou Gehrig’s disease. Some people are automatically enrolled in Medicare because they are on Medicaid.
- Sign Up For Medicare: How To Find Out If You’re Eligible for Premium-Free Medicare Benefits
- Widow and Widower Medicare Eligibility
- The Best Ways to Utilize Skilled Nursing Facility
- Click Here For A Free Anonymous Rate Quote
- Medicare: How To Find Out If You’re Eligible | Treatment for a Terminal Illness
- Sign Up for Medicare: How To Find Out If You’re Eligible | The Simple Explanation of Eligibility Requirements
- How to Avoid Enrollment Errors when Signing up for Medicare
- Learn How to Enroll in Medicare Part B with this Video
- What You Need to Know Before Enrolling in Medicare Part C and Medicare Part D
- Conclusion — Sign Up for Medicare: How To Find Out If You’re Eligible
- About The Author — Christopher Duncan
- Important YouTube Channel Details
How to Qualify for Medicare Part A?
To qualify for free Medicare Part A, you or a spouse must have paid Medicare FICA taxes for 40 quarters (10 years) or more. Medicare Part A is potentially “free.” If you didn’t pay Medicare taxes for 40 quarters (10 years), then you have the option to buy Medicare Part A. If you didn’t qualify, then you may purchase Medicare Part A. The monthly premium for Medicare Part A in 2021 is up to $471 per month. You are eligible for premium-free Part A if you have satisfied the FICA 40 quarters (10 years) and receiving or eligible to receive social security or railroad retirement board retirement benefits.
Almost everyone has qualified for premium-free Medicare Part A. Here is a link to one of Medicare’s documents titled 2021 Medicare Costs. You can see the Medicare Part A deductible is $1,484 per benefit period. This $1,484 deductible covers you for the first 60 days in the hospital. You are responsible for $371 per day for days 61–90 of each benefit period while an inpatient in the hospital. $742 per “lifetime reserve day” after day 90 of each benefit period (up to a maximum of 60 days over your lifetime).
Do Widows Qualify for Medicare?
There’s no need to be a widower or widow to qualify for the social security benefits you’re legally entitled to. If your spouse was eligible, then so are you! This process starts by proving that there has been a marriage of at least nine months before passing away. While being single. Additionally, if this person had retirement or a disability from social security, they could still have eligibility. It is through their deceased partner’s status as long as they were married when it happened!
How Much Does Medicare Pay for Nursing Home Stay?
Next is the Skilled Nursing Facility stay costs. In 2021, you pay $0 for the first 20 days of each benefit period, $185.50 per day for days 21–100 of each benefit period, and all costs for each day after day 100 of the benefit period. If you max out the full 100 days in the skilled nursing facility, you are responsible for $14,840. There are Medicare Supplement Plans you can buy from private insurance companies that pay all of these costs. In my opinion, it is best to shop for Medicare Supplement plans from an independent Medicare broker like myself that can compare all of the plans and companies with you to help you get the exact right plan for your needs.
Click Here For A Free Anonymous Rate Quote
Do You Automatically Get Medicare With Disability?
If you have a disability, the government will assist you in a variety of areas. For example, if your condition prevents you from working for 24 months without interruption, then at month 25 of consecutive inactivity on social security’s list of eligible disabilities, it will qualify as long-term and be able to receive Medicare benefits. If this applies to you or someone who has struggled through years fighting ALS or ESRD, they may also qualify for premium-free Medicare Part A coverage, covering hospital stays and more. If you suffer from chronic illnesses like ESRD or ALS, don’t worry since Medicaid and Medicare are available for people receiving social security.
What is a Requirement of Eligibility for Medicare?
If you are 65 or older, you will be eligible to enroll as long as you meet the eligibility criteria
- You can enroll for Medicare Part B when you first turn 65 or lose group health insurance coverage. If you miss this time, then you can enroll during the General Enrollment Period that lasts from January 1 to March 31 each year. If you enroll during this time your Medicare Part B becomes effective on July 1.
- Medicare Part C is private insurance that replaces Medicare Part A and Medicare Part B from the government with private insurance. Medicare Part C, also called Medicare Advantage is very complicated. To learn more it is advisable to watch my video I have produced.
- Enroll in Medicare Part A, Medicare Part B, and Medicare Part D to help secure your financial future in retirement. If you have Original Medicare, you can buy a Medigap plan.
Is Signing Up for Medicare Difficult?
I help a lot of people, and for most everyone, the enrollment is pretty simple. But we certainly run across a fair number of people where problems arise. This is why I suggest starting the process as early as possible. Delays can occur for something as simple as Medicare having an incorrect birthdate for you. When there are delays, it is very frustrating, and you want to start early just in case you have some problems. Most everyone that qualifies for free Medicare Part A is automatically enrolled the month they are turning 65. The reason is that as long as you are eligible for social security retirement benefits, you can have Medicare Part A.
There are certain times for Medicare Part B enrollment. Medicare Part B has a standard monthly premium of $148.50 in 2021 and can go as high as $504.90 per month. Knowing when to enroll at the right time for Medicare Part B will help you avoid the Medicare Part B penalty. You need to know if you are receiving retirement benefits from social security, you will automatically be enrolled in Medicare Part B. Still, your first enrollment time is your initial enrollment period, which is when you are first turning 65.
Learn How to Enroll in Medicare Part B with this Video
What You Need to Know Before Enrolling in Medicare Part C and Medicare Part D
There is a Medicare Enrollment period for Medicare Part C, also called Medicare Advantage plan, and Medicare Part D prescription coverage. Before I get into the enrollment periods, there can also be an income-related assessment for Medicare Part D. It can be as high as an extra $77.10 per month on top of your premium. This Income Related Monthly Adjustment Amount, also called IRMAA can apply to a Medicare Advantage Plan with Part D prescription coverage. Even if you have a $0 monthly premium Medicare Advantage plan if your Medicare Advantage plan includes Medicare Part D coverage and you have an IRMAA assessment, the IRMAA assessment will be added to the monthly premium of the Medicare Advantage plan even if the premium is $0.
Getting back to the Medicare enrollment period for Medicare Part C and Medicare Part D. The initial enrollment period lasts for 7 months. It lasts from 3 months before your 65th birthday month, the month of your birthday, and 3 months after your birthday month. There is also a special enrollment period if you have retired and lost your group employer’s health insurance. There is always the Medicare Open Enrollment also called the Medicare Annual Enrollment from October 15th to December 7th. Any enrollments using the Medicare Annual Enrollment, the plan you pick, will become effective January first of the following year.
Conclusion — Sign Up for Medicare: How To Find Out If You’re Eligible
I hope you enjoyed my blog about Medicare: How To Find Out If You’re Eligible. If you have any questions about the qualifications for Medicare, feel free to send them my way. I would love to help answer your question and point out if there are other benefits that you qualify for as well! As always, thank you so much for reading this article today.
About The Author — Christopher Duncan
I’m Chris Duncan, owner of Trusted Benefits Direct. As your Medicare advisor, I want you to know that my business offers superior solutions for everyone. I do not work for insurance companies, which allows me to serve you at a high level without any hidden agendas or conflicts of interest. All resources are provided at no cost. Because people must find peace of mind when looking ahead years down the line.
As an insurance agent, it’s my goal to make your life easier. That includes the process of securing all types of coverage for you and your loved ones, including Medicare Supplements, Medicare Advantage, Medicare Part D, Final Expense life insurance services, and retirement security plans. You can reach me toll-free at 800-910-3382 or get a free quote on MedicareRateQuote.com with just a few clicks! Don’t forget that I also offer contact forms if you would like more information from trustedbenefitsdirect.com – click here now!
Important YouTube Channel Details
I appreciate you looking through my article. If it is interesting to you, please subscribe to my YouTube channel. Don’t forget to share this on social media channels such as Facebook and Twitter so your friends can read it too! I appreciate it when people take the time to comment or post their opinion of my articles to continue writing content related to Medicare Basics, Medicaid Made Clear, Medicare Explained, Medicare 101, and others. It’s always nice to know that you’re reading my blog! Of course, I’m looking forward to seeing more of you soon on my next blog!