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
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[@MedicareSchool]

✅ Watch the Internet's #1 Online Medicare Educational Workshop for FREE: get.medicareschool.com/45V4Rbw ✅ To get 1 on 1 Help from our Team, Schedule a Call Here: get.medicareschool.com/3PuKFq3 Table of Contents: 00:01 Introduction 00:38 Eligibility of Part A 03:29 Enrollment Rules for Part A 09:08 Coordination of Benefits

[@jimevans1736]

You're always so informative. Thank you!

[@MedicareSchool]

You are so welcome!

[@user-TM59]

Thank you Marvin, very informative ❤

[@tedjohnson4451]

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.

[@joeysocks5718]

Thank you!

[@MedicareSchool]

Happy to help!

[@kennethreynolds8]

You make navigating the Medicare minefield a little less treacherous.

[@MedicareSchool]

That is what we are here for!

[@AKAKLC]

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

[@MedicareSchool]

Thank you! If you are happy with your current coverage as far as premiums for your supplement there's not anything else you need to do. If you want to compare supplement premiums again you can contact our office at 1-800-864-8890.

[@kikigirlkauai]

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

[@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?

[@MedicareSchool]

There is nothing you need to do at this time. When you are signing up later down the road you'll take additional steps then. Here is a video about what steps you'll take working past 65 kzbin.info/www/bejne/anjXg6Omjrl7ntE

[@callonthenameofjesus1459]

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

[@streetsmartintelligent]

Yes you will you will get less. Unless you wait till your 67 then youll get the maximum allowed. The difference is 100.00 more a month. I know for a fact, I've been dealing in this subject for months now with the Social Security Administration & an attorney who specializes in social security benefits & retirement as well as disability.

[@brentgindelberger8851]

@@streetsmartintelligent Your answer applies to Social Security, not Medicare. Totally different programs with different timelines.

[@brentgindelberger8851]

@callonthenameofjesus1459 True, UNLESS you are currently still working at a company with 20 or more employees and on their group medical plan. He explains it starting at the 4:00 mark.

[@callonthenameofjesus1459]

@@brentgindelberger8851 yes I heard that part as well, I meant regardless of ANYTHING. Thank you.

[@MedicareSchool]

You will not be penalized for not taking Part A at 65 if your employer has more than 20 employees. Taking Part A is completely optional and not required (again only if you have creditable coverage). We usually advise taking Part A if you aren't contributing to an HSA, if you are then we wouldn't advise taking it at that time.

[@kimiel1960]

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

[@MedicareSchool]

It depends on who is enrolling into Part A, if the spouse of the worker is also on the HSA plan then yes it would apply as well.

[@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?

[@MedicareSchool]

In this scenario if you all feel as if her employer plan isn't that great we would advise comparing it to Medicare plans. If you feel Medicare will be the better option then you can just opt in to take Medicare rather than the employer plan. We would advise doing so, as you are not required to take her employer plan. If you have any other questions please contact our office at 1-800-864-8890!

[@user-zw8sp8ef2l]

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.

[@MedicareSchool]

In this scenario, it's important that your employer has more than 20 employees for it to be creditable coverage. A 401K isn't the same as an HSA. We would advise to keep working while on the employer group plan (if they have more than 20 employees on payroll). So you can earn all 40 quarters so you can then enroll into Part A with $0 premium.

[@jameswitte5676]

But you have to pay for Part B when you retire. Sign up for Part B 3 months before you retire.

[@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.

[@MedicareSchool]

You would want to ger signed up for A and B it wouldn't be considered creditable coverage. Here is a video breaking down the different scenarios for those working past 65 kzbin.info/www/bejne/anjXg6Omjrl7ntE

[@Anita-ej3rp]

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.

[@MedicareSchool]

No worries, we understand that this can be stressful. We are more than happy to go through your options to ensure it fits your needs as far as finances and health. Please contact our office at your convenience so we can go through the whole process with you! You can reach us at 1-800-864-8890.

[@Anita-ej3rp]

@@MedicareSchool Is your service free?

[@user-TM59]

​@@Anita-ej3rp, yes service is free.

[@edwardloizides5415]

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.

[@MedicareSchool]

You can contact us at 1-800-864-8890, we are looking forward to hearing from you!

[@donaldhollingsworth3875]

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?

[@MedicareSchool]

You will not lose that money at any time, you can no longer contribute but it can be withdrawn at any time to help with medical costs.

[@donaldhollingsworth3875]

Thank you for providing this important information. Your Video's help me out a lot even though I am several years for having to enroll in Medicare parts A, B, D & a plan G. In fact my brother who has already turned 65 has been watching for a while & recommend I should Subscribe. That you for your great work.

[@rayhughel1508]

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...

[@MedicareSchool]

If you are collecting before 65 they automatically enroll you in both A and B. At that time you can defer Part B if you wish.

[@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

[@MedicareSchool]

We'd love to help comparing your options, please contact our office so we can better assist you both. You can contact us at 1-800-864-8890.