It’s tempting to keep the same Medicare coverage year after year without questioning it. Your current Medicare coverage renews automatically every year unless you actively make a change.
The popular perception is that your 65th birthday marks the milestone in your life when you hang up your spurs, kick back, and reap the fruits of your labor as you enjoy sunsets from your porch.
Medicare eligibility begins at age 65 for most people. Boomers born in 1952 are next up to join the ranks of Medicare beneficiaries. Here’s what you need to know.
Many individuals who are divorced or widowed are concerned that the loss of their spouse will somehow affect their ability to qualify for Original Medicare.
It would be nice if Medicare Part D or Medicare Advantage plans could magically morph to meet each person’s changing health care needs or budget over time. You could pick a plan once and be done with it! Alas, that is not the way it works.
Medicare Open Enrollment is your chance to change your Medicare coverage choices for the coming year if you choose to. It starts on October 15 and runs through December 7. Changes go into effect on January 1.
Medicare eligibility kicks in for most of us when we turn 65. But you may not have needed Medicare right away because you or your spouse worked past your 65th birthday and had an employer-sponsored health care plan. Now you’re getting ready to retire and may lose your current insurance. What happens next?
If you’re at least 65+ years old or have certain disabilities and made contributions to Medicare for at least 10 years or 40 quarters while you were working, you qualify for premium-free Medicare Part A based on your own work history.
If you’ve recently joined Medicare, welcome! You’re one of more than 50 million Americans1 who get their health care coverage from this government-sponsored health insurance program.
Medicare isn’t just for people who retire after many years of working. In fact anyone can get Medicare, as long as he or she is a U.S. citizen or a legal resident for at least five years and meets one or more of these eligibility requirements: