There are times
when people qualify for Social Security disability,
and because of that, they're also eligible for Medicare.
At a certain time.
Welcome to Medicare School Daily,
where we help you understand Medicare, save money, avoid making Medicare
mistakes, and above all else, get the most out of your Medicare benefits.
Now, today's topic is about disability and Medicare.
So that's what I'm talking about.
But I do want to make sure that you understand
that when we talk about disability,
this is exclusivelydealing with Social Security disability,
because there are people
that have disability through private insurance
or maybe through an employer type of insurance.
So I'm not talking about that.
I'm just specifically talking about Social Security disability.
OK, so when we qualify for Social Security disability payments,
we actually have this initial opportunity for Medicare.
So that means we've been approved for Social Security disability
and we're receiving those checks.
And what's going to happen is
we will be automatically enrolled into Medicare A and B, and that coverage
is going to start on the 25th month of having received those checks.
So we're not on Medicare for the first 24 months,
but on the 25th month automatically enrolled regardless of age.
And this is why there are people that are 37 or 52 or 49 or 61
that are already on Medicare, because they came through the disability
system on the 25th month, automatically enrolled.
Now the good news is this most people do not have A and B
only they're going to want other insurance products.
So when we're first eligible on that 25th month now we're also eligible
to buy other insurance products with no underwriting required.
And that's a limited period of time,
but we certainly can buy other insurance products.
Those are called advantage plans
prescription drug plans and Supplemental plans.
Now there are some states where if you're coming into Medicare
because of disability, there are no Supplemental plans available
or at least there may be limited options, but you are eligible
to get Advantage plans and Drug plans and sometimes Supplemental plans.
And so we can do all of that with no underwriting required whatsoever.
So it's a very, very important decision you have to make because we do
have this timeframe where we can get those with no underwriting whatsoever.
OK, so that's our initial opportunity, regardless of age.
We're on A and B, and we are eligible for some other insurance products
based upon the state that we live in.
And then secondly, what we have here, I want you to realize that you're going to get
a Medicare card and this Medicare card is going to have an effective date,
and that again is going to be on the 25th month of you
receiving Social Security disability and you don't have to initiate this.
That card is going to be mailed to you about a hundred days prior
to when your coverage begins.
So in this example, this card says 01 - 01 - 2022.
So this card came to this person at the end of September.
Nothing they had to do. The card is going to show up in the mail.
If you're on disability on that 25th month it starts but about right around the
22nd month or so they'll show you the card and so you have to be watching for that.
All right. So that's our initial opportunity.
Now let's talk about a second opportunity for Medicare,
which is really, really a wonderful blessing.
And that's for people that are turning 65, which means they started Medicare A and B
because of disability and that could have been at 37
or 51 or 61, but now they're turning 65 and they're going to have this second
opportunity, basically an opportunity for them to reset the clock.
So yes, they could have made other insurance decisions, Advantage
plans, Supplemental plans and Drug plans, but now they get this second eligibility
to reset the clock and redo those decisions.
And so they can buy those other insurance products.
And sometimes those other insurance products are going to be at a better price
than they were when they first came on Medicare.
And so I don't want you to miss this opportunity
because again, it's limited, but it happens at 65.
So we have this basically this six month window
where we can reset the clock and make new decisions with supplements
advantage and also prescription drug plans.
And the good news is during this limited period of time, at 65, we have
this opportunity to get these product with no underwriting required whatsoever.
So they have to take your preexisting conditions
and they have to write those plans for you.
If indeed they're available in your state.
So this is a wonderful, wonderful opportunity
that Medicare gives those to be able to reset the clock
and make another set of decisions now that you're approaching 65.
All right.
And so we have the initial opportunity on the 25th month and then at 65
we have the opportunity to make some new Medicare decisions.
Hey, thanks so much for watching the video,
and I do hope that it was helpful.
Now if you feel like
you need to learn more about Medicare
to make sure you're making the right Medicare decision,
really the best way and the easiest way to do
that is to go to MedicareSchool.com.
That's MedicareSchool.com,
and you'll be given the opportunity to be able
to click on Get the Free Workshop.
We call that the essentials workshop
and I do all the teaching.
And there you'll learn all the ins and outs of Medicare
to make sure that you have an accurate
and thorough understanding of how Medicare works.
The second thing you can do
is click where it says, talk to a Medicare guide,
and there
you can actually set up a time
where you can discuss your situation
with a Medicare guide.
They'll explain all your options
and actually even walk you
through the enrollment process as well,
if that's what you need to do.
And so go to MedicareSchool.com,
watch the workshop or talk to a Medicare guide.
It would be our privilege to assist you further.