When to Sign Up for Medicare Part B - or... When Not To!
Вставка
- Опубліковано 13 бер 2023
- ⬇️Download My Free eBook Here - Medicare Made Clear:
medicareonvideo.com/freebook/
⬇️Medicare Mini Course Here:
medicareonvideo.com/mini-course/
Follow Me on Spotify Here:
open.spotify.com/show/6MOm7K2...
Sign Up for Medicare Part B
✨ And if you like this video, consider subscribing to Medicare on Video using this Link! ⤵️
goo.gl/jzN8Rn
Thank you for watching!!
********************
🎥 Welcome to Medicare on Video's official UA-cam Channel 🎥
I am Keith Armbrecht founder of Medicare on Video and I help people across the country make the right Medicare choices.
➡️ If you are turning sixty-five or retiring and if you are coming into Medicare, then you know that there are a lot of choices. That is why I am here and why I have created this channel.
I want to be able to help you understand what Medicare is and what are the best options to choose. There are so many confusing options that a lot of people struggle to understand.
➡️What you will see on my channel:
✔️Medicare Supplement Plan
✔️Difference between Plan G vs Plan N
✔️When You Can Enroll into Medicare
✔️Social Security Information
✔️And more
So, if that sounds interesting to you, please consider subscribing, sharing, and activating the notification bell to never miss a video 🔔
********************
🍁 Connect with Medicare on Video on social media:
Instagram ▶️ / medicareonvideo
Facebook ▶️ / medicareonvideo
Twitter ▶️ / medicareonvideo
Don’t forget to visit Medicare on Video online:
🖥 www.medicareonvideo.com/
Please Join My Medicare Group: Talking Medicare
🩺 You will be able to ask questions and interact with others about your Medicare experience.
www.TalkingMedicareGroup.com
📲 Phone: 1-877-88KEITH (53484)
📧 keith@medicareonvideo.com
********************
#MedicareOnVideo
© Best Medicare Supplement Plans 2021 By Medicare On Video - All Right Reserved.
Thank you! Not easy finding this info!
Hello, I am turning 65 in July, but I will still be working. I will sign up for Part A only until I retire in a year or two. But I thought you said something about a form to fill out (L564)? Is this a form to fill out to let Medicare know that I am still working and will sign up for Part B when I retire? Please advise and thank you.
How many months before you loose creditable coverage do you sign up for Part B?
End work date is 5/24, however my current pay and all health insurance deductions will continue as it is currently till 8/30. When is the time i should sign up for SS and begin Medicare plus a supplement?
I turned 65 march 2023, signed up for part A only. I did not get group health care from work until May 1 2023. Will I have to pay a penalty because I did not get part B in march?
Wow what great info at the right time, i will be turning 65 at the end of the year and still working and was sweating and stressing over whether I should sign up. Now I know I should wait until I stop working or lose my healthcare plan.
Happy to help! Just important to not have Part B and group insurance- they just don't work together!
I have FEP Benefits as a government retiree. I plan to move overseas and this plan can be used overseas. Should I only get Medicare Plan A?
My husband has the plan at work of which I am on. Is it enough to rely on UHC to tell me if I am still covered when I turn 65 in December ? Not sure who to rely on for the correct information, insurance or Medicare.
Reply:
Hi [User],
Turning 65 and navigating Medicare can be confusing, but you're in the right place for some clarity. While it's always a good idea to stay informed about your coverage, it's not uncommon for individuals to rely on their current insurance provider, like UHC, for guidance. However, it's important not to solely rely on them.
To ensure you have the correct information, it's best to reach out to both your insurance provider and Medicare directly. This way, you can compare the information provided and make an informed decision about your Medicare coverage. Additionally, you can also consult with a Medicare specialist, like Keith Armbrecht from Medicare on Video, who can help guide you through the process and provide personalized advice.
Remember, understanding your options and making the right Medicare choices is crucial, so it's always worth getting multiple perspectives. We wish you the best of luck as you approach your 65th birthday and transition into Medicare. If you have any more questions, feel free to ask. Take care!
How hard is it to show creditable coverage when I have to sign up for part B after employment healthcare ends? I’m worried about that.
It is actually pretty simple! Your employer will fill out CMS L564 form and you submit it with your Part B application. The form is available on our website, www.MedicareOnVideo.com under "Guides and Forms"
You need to contact SSA office to submit your applications at llast 3 months before you retire so that when you retire you don’t have any gap and ready for Medicare part B
@@hainguyen7971 what happens if I suddenly get fired, laid off, or quit? I won’t have 3 months???
How about plans that have excellent customer service? I want a rating for that too.
Thank you for your comment! It's great to hear that you're interested in plans with excellent customer service. While this channel primarily focuses on educating viewers about various Medicare options and plans, we understand the importance of customer service when it comes to making healthcare decisions. We appreciate your suggestion, and we'll take it into consideration for future videos or discussions. If there's anything specific you'd like to know about a particular plan's customer service, feel free to ask, and we'll do our best to provide relevant information. Don't forget to subscribe and enable notifications to stay updated on our latest content!
I am already collecting Social Security. Will I automatically be enrolled in Medicare parts A and B by the government?
Yes, you will receive your Medicare card about 4 months prior to your 65th birthday.
Yes
I am retired and will still be under my wifes health care plan when I turn 65, however she will be retiring four months after I turn 65 and I will lose that coverage. Should I wait those extra four months to file or file while I am still a dependent? Which is better?
It really depends on which insurance is more cost effective. You can wait until she retires, but it will be a bit more paperwork to prove your creditable coverage under her insurance. I would likely go on Medicare at 65 if she is going to work for only 4 more months.
@@MedicareonVideo Thanks so much for your reply. I am turning 62 in May so I am still 3 years out but I have copied all of your services info and will absolutley be using your service. Could you just please tell me if I have to drop my wifes insurance when I file at 65? or simply file and don’t worry about it. Again I would be filing with four months remaining before her retirement.
Thanks again,
What about being a disabled veteran with 100% medical coverage with the Veterans Administration? Do you need Part B? What about disenrolling?
Hello! Thank you for your comment. In regards to your question, if you have 100% medical coverage through the Veterans Administration, you may not necessarily need Part B of Medicare. However, it is always recommended to consult with a healthcare professional or a knowledgeable Medicare advisor to fully understand your specific situation and make the best decision for your healthcare needs. As for disenrolling, Medicare offers options to enroll, disenroll, or change plans during certain times of the year. Again, it's best to consult with an expert who can guide you through the process. If you have any other questions, feel free to ask!
I signed up for Part B at 65. Still working. Not paying anything for it.
how did you manage that? You sure you dont mean Medicare part A which is free. Part B is def not free.
Sorry it was part A.
💨 Itz a l🙄t of math but depends 🤔n yr income.
Depending on the state you live in, some of the private medicare plans reimburse 50% to 100% of part B.
What about part A ???
Pretty sure you should Sign up for Part A 3 months before to 3 months after you turn 65
There is no harm in getting Part A, unless you are contributing to an HSA.
I am turning 65 in July. I am on my spouse’s work plan which has a Health Savings component. Do I go ahead and sign up for part A and accept any tax complications? Can I sign up for part B after my spouse retires?
@@peterwhitman8629 You really don't need either A or B if you are going to stay on your wife's plan. Take a look compared to going on Medicare though. Most times it make more sense for the spouse to come off and go into Medicare at 65. Most employers don't contribute to the spouse cost. Medicare is also usually much better benefits. With Medicare you would have pretty close to 100% coverage for less than $300 a month. Likely much better than what would be with employer plan.
This may apply to people living overseas. I cannot claim any benefits overseas which is not just as we payed into the system but for some of us that cannot pay for trips back to the USA at least we can save the 165 dollars for the part B which we do not use either. I think this is correct if anyone has a comment. Many people fly home for treatments but for some of Us with no real savings Its basically winging it overseas so at least we do not have to pay for something we never use. The 165 dollars can be spent on overseas expat insurance.
Thank you for sharing your perspective. It's unfortunate that you're unable to claim benefits overseas, and we understand the financial constraints that can come with not being able to afford trips back to the USA. It's important to prioritize your health and find alternative options such as overseas expat insurance with the money saved from not paying for Part B. Every individual's situation is unique, and it's crucial to make decisions that best suit your needs. Feel free to reach out if you have any further questions or concerns.
Thanks. They should pay overseas because they will save much money for Joe taxpayer as procedures are fractional in cost. They could make us pay a small deductible as the money is not being spent into the U.S.economy.@@MedicareonVideo
Very disappointed. You didn't discuss private medicare plans that in some states reimburse 50% to 100% of part B. This can be a huge factor. Also no mention that if you are working out of country medicare doesn't cover you.
Thank you for your feedback! We appreciate your input and understand your concern regarding the lack of discussion on private Medicare plans that offer reimbursement for part B costs in certain states. We strive to cover a wide range of Medicare topics and options in our videos, but unfortunately, we can't cover everything within a single video. However, we want to assure you that private Medicare plans and their benefits are an important consideration for individuals, and we'll definitely make a note to include them in our future videos. Additionally, you're absolutely right about Medicare not covering individuals while they're working out of the country, and we apologize for not addressing this aspect. We value your support and encourage you to stay tuned for our upcoming videos, where we'll aim to cover more details and options related to Medicare. If you have any other questions or suggestions, please don't hesitate to let us know.
Im dropping part b. I NEED TO EAT!!!
Reply:
I understand that making decisions about Medicare can be challenging, especially when it comes to managing medical costs. Dropping Part B is a personal choice that some individuals make to prioritize other financial needs. It's important to be aware, though, that by dropping Part B, you may be limiting your access to certain healthcare services and potentially incurring penalties if you decide to re-enroll later. It may be helpful to speak with a Medicare specialist or financial advisor who can provide guidance tailored to your situation. Remember, your health is important too, and there may be options available to help manage healthcare costs while still maintaining necessary coverage. Take care!
@@MedicareonVideo can someone on ssd . cancele the part b and making them stope taking more than 170 $ every month from ssd check ...as the ssd check is about 575 $ and not enough. To go by and live .and if possbile taking back about. 13 years of that part b since am never sign up for it .?? Thank you for your kindness to answer .