should i sign up for medicare part a and b if i am still working?
534866
No need to double up on coverage But if you're still working at 65, and you have coverage under a group health plan through an employer with 20 employees or more, then you don't have to enroll in Medicare right now. ... That said, it often pays to enroll in Medicare Part A on time even if you have health coverage already.
76500
It is mandatory to sign up for Medicare Part A once you enroll in Social Security. The two are permanently linked. However, Medicare Parts B, C, and D are optional and you can delay enrollment if you have creditable coverage.
525835
Most Federal employees and annuitants are entitled to Medicare Part A at age 65 without cost. When you don't have to pay premiums for Medicare Part A, it makes good sense to obtain coverage. It can reduce your out-of-pocket expenses as well as costs to FEHB, which can help keep FEHB premiums down.
899329
If you are receiving Social Security, the Social Security Administration will automatically sign you up at age 65 for parts A and B of Medicare. ... You can opt out of Part B — for example, if you already have what Medicare calls “primary coverage” through an employer, spouse or veterans' benefits and you want to keep it.
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If you aren't eligible for full Social Security retirement benefits at age 65, and you aren't getting Social Security benefits, you can still get your full Medicare benefits (including premium-free Part A) at age 65, but you must contact Social Security to sign up.
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You can also enroll in Medicare at any time that you are still working and have employer-based coverage. If you choose COBRA after you stop working, do not wait until your COBRA coverage ends to sign up for Medicare.
942680
No. New immigrants to USA are NOT eligible for benefits like Medicare. Regular residents of the U.S. (citizens, permanent residents, etc.) can get Medicare Part A if they have worked in the U.S. for at least 40 quarters (10 years for most people) and are above the age of 65.
812507
You qualify for full Medicare benefits if: You are a U.S. citizen or a permanent legal resident who has lived in the United States for at least five years and. You are receiving Social Security or railroad retirement benefits or have worked long enough to be eligible for those benefits but are not yet collecting them.
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If you're still working at 65, and have group coverage, you don't have to enroll in Medicare right away. Q: Do I need to sign up for Medicare at 65 if I'm still working? A: Medicare eligibility begins at age 65, and signing up on time can help you avoid premium surcharges.
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Normally, you need to have earned about 40 “credits” or “quarters” by paying Social Security and Medicare payroll taxes while working — equal to about 10 years of work — in order to get Part A services without paying premiums. The premiums have already been covered by your payroll taxes.
215314
Most people age 65 or older are eligible for free Medical hospital insurance (Part A) if they have worked and paid Medicare taxes long enough. You can enroll in Medicare medical insurance (Part B) by paying a monthly premium.
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Though you don't need to enroll in Medicare at age 65 if you have coverage through a qualified group health plan, doing so might make sense if that plan isn't heavily subsidized by your employer. ... Keep in mind that for comprehensive coverage under Medicare, you'll need a Part D drug plan to accompany Parts A and B.
790154
You should sign up for Part A and Part B when you're first eligible. In this case, Medicare pays before your other coverage. ... 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.
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Provided you've reached 65 and are therefore eligible for both programs, you can typically apply for Social Security and Medicare on a single application. But other than that, there's no reason to enroll simultaneously once you become eligible for Medicare if you don't need your Social Security income right away.
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Q: Do I have to pay for Medicare? A: Part A is free if you or your spouse has worked and paid taxes to Medicare for at least 40 quarters (10 years). If you do not have enough working quarters, you will have to pay a premium for Part A.
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You can get Social Security retirement benefits and work at the same time before your full retirement age. ... If you start receiving retirement benefits before age 65, you are automatically enrolled in Original Medicare (Part A and Part B) when you turn 65.
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Although it's not absolutely necessary, it is strongly recommended that any Medicare eligible Veterans and Disabled Veterans enroll in Medicare Part B (Medical Coverage, Dr's, other outpatient services, etc). There is usually a monthly fee for Part B but it is worth it.