By creator to www.fedweek.com
As a rule, it’s important to be age 65 or older to be eligible for Medicare. Nonetheless, Medicare protection can also be obtainable to youthful folks with disabilities and people with Finish Stage Renal Illness (everlasting kidney failure requiring dialysis or transplant).
Medicare has two components, Half A (Hospital Insurance coverage) and Half B (Medical Insurance coverage).
You may get Half A at age 65 with out having to pay premiums if:
• you’re receiving retirement advantages from Social Safety;
• you’re eligible to obtain Social Safety advantages however haven’t but filed for them; or
• you or your partner had Medicare-covered authorities employment.
You’re eligible for premium-free Half A in case you are age 65 or older and also you or your partner labored and paid Medicare taxes for a minimum of 10 years.
Should you (or your partner) didn’t pay Medicare taxes whilst you labored and are age 65 or older, you might be able to purchase Half A.
Nonetheless, in case you are below age 65, you will get Half A with out having to pay premiums if:
• you may have been entitled to Social Safety incapacity advantages for 24 months; or
• you’re a kidney dialysis or kidney transplant affected person.
Whereas only a few folks should pay a premium for Medicare Half A, if you wish to be coated by Half B you do should pay for it. There aren’t any exceptions.
The month-to-month premiums can be deducted out of your Social Safety or Civil Service Retirement cost. Nonetheless, in case you are a kind of uncommon souls who doesn’t obtain both of those funds, Medicare will ship you a invoice on your Half B premium each three months.
Taking FEHB into Retirement Without a Hitch (April 21)
ask.FEDweek.com: FEHB and Medicare Coverage
How FEHB and Medicare Fit Together (Nov 6, 2019)
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