Turning 65? The Medicare Part A Rule You Can't Afford to Miss! 🤔

Marvin Musick from Medicare School explains the crucial but often misunderstood Medicare Part A rule many people encounter when they turn 65. He describes the eligibility criteria for premium-free Part A coverage based on work history and quarters of Medicare taxes paid.

You'll also discover the coordination of benefits between Medicare and other insurance, detailing which plan pays first based on work status and employer group size. Musick provides valuable guidance on avoiding penalties and following the proper Part A enrollment process.

Table of Contents:

00:01 Introduction
00:38 Eligibility of Part A
03:29 Enrollment Rules for Part A
09:08 Coordination of Benefits

#medicare #medicareschool #marvinmusick #medicaresupplement

[MedicareSchool]

Table of Contents:

00:01 Introduction
00:38 Eligibility of Part A
03:29 Enrollment Rules for Part A
09:08 Coordination of Benefits

[cab]

Love you Marvin Musick. Learnt so much about Medicare from you. You are the best and I wish you a long and healthy life.

[jimevans]

You're always so informative. Thank you!

[tedjohnson]

One of my friends is a Recently retired Principal. Her Pension Plan didn't participate in Social Security. Luckily, she worked prior to Teaching, so she's short just a few Quarters. To get those, she Substitutes as a Secretary or Clerical Assistant. She will have her quarters just before she turns 65.

[kennethreynolds]

You make navigating the Medicare minefield a little less treacherous.

[kikigirlkauai]

At 65 group health premiums are outrageous in many cases. Also timing of stopping the hsa contribution is important.

[mistyjames]

Why do they make it so difficult? It’s all confusing. I am currently not working. Worked self employed for 25 years . I am not eligible for anything and I can’t work anymore. I want to apply for disability but feel so overwhelmed. I don’t know if they will give it to me . I paid in so many years.

[missyconner]

What happens if a 65 year old does not enroll in Part A, even if “required”? My brother will turn 70 next April; he has never enrolled in Medicare. He is still working but is a 1099 employee —no medical insurance. He plans to take SS at 70 next year.

[AKAKLC]

Enjoy your channel your my go to guy! I enjoy ABDG. What I need from you is if I chould do better!

[YolandaGuanio]

Hi, Iam turning 65 this July and I'm still working and has a group plan and 401K. Not in 40qtrs yet. Do you think it wl be better for me to enroll to part A only? Is a 401K acct a HSA? If I'm able to reach the 40qtrs in a couple of years, wl I be able to shift to the 0 premiun part A & B? Thank you for your reply.

[MinhTHoang]

I will become 65 in few month; still working with employer less than 19 employees. Can I register Part A only ? And delay Part B. Since I still have full insurance cover ( Blue Shield) from my employer. Please explain why I can not delay Part B or how many % I have to pay for penalty later on. Thank you so much.

[Anita-ejrp]

I'm turning 65 in February and on Obama care. I'm only paying $92 a month, after listening to you, I am completely stressing out that I won't be able to afford Medicare.

[donaldhollingsworth]

Since having a HSA account does not apply for me, just for general information, does a person have to use all the money in a HSA account before the end of the year? Or if a person does not use all the money in a HSA account then that person looses the excess money in their HSA account at the end of the year?

[auntTdesigns]

I turn 65 in September this year. I am still working for a company with over 20 employees and I have a HSA account and also cover my husband. He's 3 yrs younger and doesn't work. I don't plan to enroll in Medicare A. My question is do I have to file anything with Medicare saying that I will be using a special enrollment period at a later date?

[kimiel]

Does the HSA scenario apply to the spouse of the worker?

[wmmcdowell]

Turning 65 in September and planning to retire at end of March(65 1/2yo). My wife works for a company that has more than 20 employees and will have to come off my employer plan and join the plan offered by her work even though it is not a good plan. I plan to start taking Soc Sec on April 1st. Am I required to join her employer plan and have Medicare as the 2nd payer or do I simply move over to Medicare A&B with a supplemental plan as back-up?

[edwardloizides]

How do I get in touch with your firm? I almost 67 ( widower) and working full time . I have Medicare A. I did not take B since I have my companies PPO plan. However I will eventually retire and will need assistance and advice. ( I have still not taken my SS benefit). I am receiving my wife’s survivors benefit.

[callonthenameofjesus]

I heard that if you didn’t enroll in Medicare part A when turning 65 you would be penalized.

[rayhughel]

Are you sure you "automatically" get signed up for A AND B when you take SS Retirement benefits? I know the A is automatic but do not think the B is...

[stripeyboys]

I’m a healthcare worker in NY and will retire November this year. I am a member of the 1199SEIU union which offers health benefits thru Aetna Medicare advantage plan for me and my husband who has been retired for more than 10 years (he has been under my health plan all these years). We are torn between opting out of the Advantage plan thru the union which would be free and buying our own Supplement G which is very expensive in NY and cost us $620 a month and that doesn’t include prescription and dental. Hoping you can guide us