MEDICARE PART A AND PART B

Getting Medicare is a major milestone. Here’s where you can get the information you need, no matter where you are in your Medicare journey. Before you choose a path below, check out these 5 important facts:

 

 

Some people get Medicare automatically, and some have to sign up. You may have to sign up if you’re 65 (or almost 65) and not getting Social Security. There are certain times of the year when you can sign up or change how you get your coverage. If you sign up for Medicare Part B when you’re first eligible, you can avoid a penalty. You can choose how you get your Medicare coverage. You may be able to get help with your Medicare costs.

 

When you qualify for medicare, (aging in at age 65 or being on disability for 24 months) you may sign up for both PART A and PART B. We can help you with that. (Click here for PART A coverage information.) (Click here for PART B coverage.)

MORE ABOUT PART B

 

5 THINGS YOU MAY NOT KNOW ABOUT MEDICARE...*

1. WHAT IS MEDICARE?

• Medicare is our country’s health insurance program for people age 65 or older. Certain people younger than age 65 can qualify for Medicare, too, including those with disabilities and those who have permanent kidney failure. LEARN MORE

 

2. WHEN CAN I ENROLL?

• There are only certain times when people can enroll in Medicare. Depending on the situation, some people may get Medicare automatically, and others need to apply for Medicare. The first time you can enroll is called your Initial Enrollment Period. Your 7-month Initial Enrollment Period usually: Begins 3 months before the month you turn 65, includes the month you turn 65 and ends 3 months after the month you turn 65.

If you don’t enroll when you’re first eligible, you may have to pay a Part B late enrollment penalty, and you may have a gap in coverage if you decide you want Part B later.

 

3. HOW MUCH WILL IT COST?

• Most people get premium-free Part A.

You usually don't pay a monthly premium for Medicare Part A (Hospital Insurance) coverage if you or your spouse paid Medicare taxes for a certain amount of time while working. This is sometimes called "premium-free Part A."

You can get premium-free Part A at 65 if:

You already get retirement benefits from Social Security or the Railroad Retirement Board.
You're eligible to get Social Security or Railroad benefits but haven't filed for them yet.
You or your spouse had Medicare-covered government employment.

If you're under 65, you can get premium-free Part A if:

You have Social Security or Railroad Retirement Board disability benefits for 24 months.
You have End-Stage Renal Disease (ESRD) and meet certain requirements.

4. DO I NEED ANYTHING ELSE BESIDES MEDICARE PART A AND PART B?

• Yes, you will also need a Prescription Drug Plan (PDP). When you qualify for Medicare Part A or Part B and don't have credible coverage for a Prescription Drug Plan you need to enroll in one. You may owe a late enrollment penalty if, for any continuous period of 63 days or more after your Initial Enrollment Period is over, you go without one of these:

 

   • A Medicare Prescription Drug Plan (Part D)

   • A Medicare Advantage Plan (Part C) (like an HMO or PPO)

   • Another Medicare health plan that offers Medicare prescription drug coverage

   • Creditable prescription drug coverage

 

5. HOW CAN I APPLY?

• If you are eligible to apply for MEDICARE, you may call 1-800-MEDICARE (1-800-633-4227) TTY users should call 1-877-486-2048. You can visit the website at https://www.medicare.gov. If you would like to speak to a health care professional at Medicaring For You, please call 215-668-2010 or email us at slsfinancialservice@gmail.com. We will be more than happy to answer your questions and help you pick a solution that is right for you. We Care.

 

 

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