What is Medicare? | How Does Medicare Work | Medicare Explained

[@BoomerBenefits]

Do you have a question about how Medicare works? Let us know here in the comments and we'll be happy to answer. You can sign up for our Medicare mini-course here: boomerbenefits.link/mini-course

[@kbibgamer2839]

i dont know why im here, but im interested at this at the age of 12

[@DaddyJ810]

Hello Danielle, I recently signed up for Medicare through your company. I would like to personally thank Linda Harris and Nicole Boaz for all their help and guidance.

[@BoomerBenefits]

That is so sweet of you. Welcome to the Boomer family.

[@EASYTIGER10]

This seems so complicated! I live in the UK. I pay my taxes and some of it goes to the NHS. All essential care is covered (primary and secondary care, hospital stay, all procedures etc etc) and prescription costs are subsidized. I don't have to think about any of it, I don't have to sign up for anything. Sure, not everything is done on the NHS - if I want a cosmetic nose job or teeth whitening I have to pay for it - that's how it should be. Simple as. Why does the USA make healthcare so complicated for the consumer??

[@mrmyc0rn840]

Because private insurance companies have our Congress in their back pockets

[@pedrozalves]

Because is a scam that gets a multi billion dollars industri...it's better you don't start digging...I'm in the UK and trying to go to Texas...and trust me..."NHS" there is a nightmare you can't imagine how many people file for bankruptcy EVEN with health insurance...hospitals don't even say how much things cost so you can look for a better price...than you pay 80dollars for a pair of gloves... trump made the law so they show the prices...Biden didn't enforce it...

[@michaelangelo6947]

Thank you for presenting this material so clearly. I appreciate it very much.

[@BoomerBenefits]

You're very welcome!

[@pinatajuju4471]

Nice video, I have been bombarded with lots of letters and invitations to seminars to learn about Medicare. I chose your video because it was short. It was my first time learning about this, but it looks like I really need to learn more. Thank you

[@BoomerBenefits]

Glad it was helpful! We are here to with any Medicare questions you have.

[@alexrodriguez3914]

Very useful information and straight to the point. Thanks! 🙏🏽

[@BoomerBenefits]

thank you!

[@Whattowear]

Wow thank you for making it easy to understand!

[@russellgray3303]

Found your videos interesting to watch. I can't wait to see your new videos soon. Good Luck with the upcoming update. This video is really very informative and effective.

[@20greeneyes20]

An excellent presentation very helpful. Thank you!!!!

[@BoomerBenefits]

You're very welcome!

[@moneymanfernando1594]

Medicare eligibility age should be lowered to 62. A lot of people would like to retire at age 62 but cannot because of the high cost of health insurance in the USA.

[@nightedpemder4992]

40 years I paid in social security. During which time Medicare separated from it and I had to make separate payment out of my checks. Everyone that worked along side of me paid the same rates I paid. Now that I am retired I just found out there are 5,000,000 plans for medicare. Why? Since everyone paid same rate, they should all have same benifits. Unless, of course, the complexity gives way for the thieves to direct payments to them. All the advertising on TV is paid for ultimately from medicare.

[@blazingverde]

thank you for the information, (your microphone is harsh)

[@ginaf2103]

I will be 65 in November but will still work probably until May of 2021. I will start collecting ss about 10 mos before FRA. Will l pay more for Medicare since l will still be working? Your information is great. Thank you

[@BoomerBenefits]

It just depends. Your Part B premium is based on income - you can see the income chart here: boomerbenefits.com/new-to-medicare/medicare-cost/ Also, if you work past 65 for a large employer, you can delay Medicare if you have your employer's insurance.You can learn more about that here: kzbin.info/www/bejne/ppSYY4SbmbR8g7s

[@ginaf2103]

@@BoomerBenefits thank you. I will call in August to see what will be more economical

[@moneymanfernando1594]

Thanks for the info.

[@irisyolandamartinez6057]

How do i know i can use medicare to pay doctor visit.Which plan can i use with medicare i am from Puerto Rico.

[@brett1281]

Great video. Thx

[@saifrehman8848]

and how much you pay interest for medicare and what,s its duration ,it,s just cover health system

[@BoomerBenefits]

We discuss the cost of Medicare in our 2022 Medicare Costs video here: kzbin.info/www/bejne/jZKzYnykrsetkLM

[@rhettjackson3965]

Should I use Medicare instead of paying insurance premiums as I have all my life? I have insurance through Federal retirement OPM and it’s expensive . I’m wondering if I should drop it when I turn 65 next year

[@BoomerBenefits]

Hi Rhett, if you find your current insurance plan to be expensive, you should consider Medicare if it's more cost-effective for you. Check out our Medicare and FEHB video here: kzbin.info/www/bejne/maDGkpyod89nn7M

[@neftimiades]

When I accept Medicare does that mean I drop my current (very expensive) health insurance?

[@BoomerBenefits]

You can if you'd like! What kind of plan is it?

Why it’s so complicated and why these videos never explain things fully. They always ask to sign up here register there to find out more.

[@BoomerBenefits]

Hi there - what questions can we help you with?

[@debbiesday8270]

I'll be getting Social Security off of my husband's Social security since I don't have enough work credits to draw on my own. How will that effect me signing up for Medicare I turn 65 this month. I'm unemployed and my husband is not retired and still works.

[@BoomerBenefits]

Hi Debbie - you can read more here - boomerbenefits.com/can-i-get-medicare-through-my-spouse/

[@sunnysaini2463]

Thanks mam

[@saifrehman8848]

i got a diabatic meter so who pay for it and how much they pay, because the guy on phone told me that medicare will pay for it

[@BoomerBenefits]

Medicare Part B covers diabetic supplies at 80% after you pay the Part B deductible ($233 in 2022). So, if Medicare approves your supplies, you will be subject to the Part B deductible if you haven't met it yet, and then a 20% coinsurance. If you have a Medigap plan, your Medigap plan would pick up the remaining coinsurance.

[@mrmyc0rn840]

I have heard Medicare and Medicaid can take all of your assets if you're unable to pay. Is that true?

[@BoomerBenefits]

No, this is not true. If you are unable to pay for Medicare, then you will just be disenrolled from Medicare. Medicaid is a program to provide health care services to low-income individuals, but it is based on income and assets. So Medicaid is just there to help you with your healthcare costs, you do not pay for it. However, since Medicaid is outside of our realm of expertise, we can't say for certain if they would take assets away.

[@jlbdoverspike]

I don't take any prescription medications. Do I need a Part D plan? should I wait until I need it?

[@BoomerBenefits]

If you wait until you need it, you will have already gained a late penalty and would potentially have to wait a year before you could get coverage since the only time you can enroll in a Part D plan after your Initial election period is over is during the Annual Election Period (October 15 - December 7th). If you don't take any meds, you should at least enroll in the cheapest premium plan in your area so you have coverage when/if you need it and you won't have late penalties.

[@Cin2023]

Can you help me? I turn 65 Dec 19th this year. I am retired, but currently working a part time job that has health insurance of which I pay. I just received my Medicare (red/white/blue} card but I'm wondering if it's necessary to apply for part c & d at this time? Thanks! 🙂

[@BoomerBenefits]

Hi there! We can certainly help you. If you plan to keep your employer insurance, you would not need a Part C or Part D plan at this time as long as the drug coverage you have is creditable for Medicare. Give our team a call at 817-249-8600 and we can help you determine your next steps! You may be able to delay Part B or you may consider opting out of your current insurance depending on what is most cost-effective.

[@marklambert4793]

I plan on working till at least 70+ And I will be t65 at the end of July. My wife is quite a bit younger than I am, and has great employer based health insurance which I plan on sticking with for the foreseeable future. I just need to know how to get part A only, and not instigate my social security benefits till I’m ready. Thanks

[@BoomerBenefits]

Hi Mark - You can sign up for Medicare Part A with this link here without triggering your Social Security benefits: www.ssa.gov/benefits/medicare/

[@tomclams3689]

Have a simple question how do u sign up for medicare or do they send u a card

[@BoomerBenefits]

Hi Tom - The only way you will be auto-enrolled in Medicare is if you receive Social Security benefits at least 4 months before your 65th birthday month. If this is your case, you will receive your Medicare card a month or two before your 65th birthday. If you are not receiving S.S. benefits, you can apply for Medicare through the Social Security office online, in-person, or over the phone. Here is more information on this: boomerbenefits.com/new-to-medicare/apply-for-medicare/

[@rebeccag8697]

Would Medicare help pay for in-home health assistance? (Med management)

[@BoomerBenefits]

To qualify for home care under Medicare, you must require skilled care as well. Medicare will generally cover up to 8 hours per day and 28 hours per week of home care. Some circumstances may grant additional coverage. Medicare should pay for home care service if your condition is temporary or chronic. Here is more information on this: boomerbenefits.com/when-it-comes-to-medicare-is-home-care-or-a-nursing-home-a-better-option/

[@christinemason2938]

Are. medicare plans e,h, and h-m? If so is there a comparison chart?

[@BoomerBenefits]

boomerbenefits.com/medicare-supplemental-insurance/medigap-comparison-chart/

[@mosbysmen]

i will be 65 in august of 2022 , i plan on working until 2023 , i have good insurance through my job do i need to sign up for anything now ?

[@BoomerBenefits]

If you continue to have insurance past 65 from an employer that has 20 or more employees and you or your spouse actively works for that employer, then you can delay all of Medicare until you retire without having to pay the penalty. Check out our KZbin video, Medicare & Employer Coverage | Should You Enroll In Part B?

[@jeromewomack2496]

Question, is it mandatory to apply for Medicare when a person turns 65 if that person is still working?

[@BoomerBenefits]

Hi Jerome - If you continue to have insurance past 65 from an employer that has 20 or more employees and you actively work for that employer, then you can delay all of Medicare until you retire without having to pay the penalty. However, Part A is $0/month for most people, so you can go ahead and enroll in Part A to have extra hospital stay coverage (unless you plan to contribute to an H.S.A. account). Here are some resources that will help you: boomerbenefits.com/new-to-medicare/medicare-and-employer-coverage/ kzbin.info/www/bejne/ppSYY4SbmbR8g7s kzbin.info/www/bejne/eJ6mnn-LoNxqfqs

[@leorodz9587]

I have Aetna better health from Medicare from New Jersey if I move to another state what would happens to my insurance coverage or can I still use it in another state ??

[@BoomerBenefits]

Hi Leo - Is this Aetna Better Health plan a Medicare Advantage or Medigap plan?

[@leorodz9587]

@@BoomerBenefits I’m not sure how I get that info ?

[@BoomerBenefits]

@@leorodz9587 We recommend contacting your carrier to find out which type of plan you have. In the mean time, here is some information about moving with your Medicare plan: boomerbenefits.com/what-to-do-when-moving-to-another-state-with-medicare/ kzbin.info/www/bejne/roDHYmBpoq-Ea7s

[@thelonetravelr]

My job brought me here.

[@BoomerBenefits]

Welcome! :)

[@elsamirnagomez1978]

So, here we are! Can you imagine we get paid for watching videos!

[@rjl6532]

My daughter who is 38 is also has a disability since childhood she just got her Medicare card part A&B She is receiving SS under my SS benefit The question is part D for prescription I have to pay $144/month off my SS How can she get the part D and how it is paid Quarterly or off her monthly or she is not eligible because age?

[@BoomerBenefits]

The $144/month is for Part B - not Part D. You purchase a Part D plan through a private insurance carrier, such as United Healthcare, Humana, etc. We aren't sure if you can pay Part B premiums a different way if they are already being deducted from a Social Security check. That would be a question you should call and ask to your local SS office.

[@9929kingfish]

Will Medicaid pay for part A premium? If so, which levels pay?

[@BoomerBenefits]

Most people don't have a Part A premium. But if you do have a Part A premium, yes some levels of Medicaid pay the Part A and Part B premiums in full. We don't work with Medicaid, so you'd need to ask the SS office on which levels pay.

[@lindamillard5563]

I am still working and I have insurance. Do I still need to sign up for medicare?

[@BoomerBenefits]

If you continue to have insurance past 65 from an employer that has 20 or more employees and you or your spouse actively works for that employer, then you can delay all of Medicare until you retire without having to pay the penalty. However, Part A is $0/month for most people, so you can go ahead and enroll in Part A to have extra hospital stay coverage (unless you plan to contribute to an H.S.A. account). Here are some resources that will help you: boomerbenefits.com/new-to-medicare/medicare-and-employer-coverage/ kzbin.info/www/bejne/ppSYY4SbmbR8g7s

[@fahemalhamadani5927]

I am 73 years old .I have a green card . Am I eligible for Medicare . I would be much obliged if you assist me

[@BoomerBenefits]

Hi Fahem - You can qualify for Medicare coverage at age 65 (or older) if you are a U.S citizen or a permanent resident/green card holder and you’ve lived here continuously for 5 years or more. If this applies to you, you can contact your local Social Security office and apply for Medicare! Learn more here: boomerbenefits.com/new-to-medicare/medicare-eligibility/

[@krystylsummers8749]

Ragin cajun

[@RBASB10]

Wow, I can’t believe I’m 3 years late. From an outsides (Over seas) prospective here is how I see and think about your health care. USA is a beautiful country, there is zero doubt about that. I totally understand Americans are independent…Well I can only speak from myself, a Right Winger point of view. America has everything, but some of the things your country does is rather alarming, almost like a 3rd world country. Here in the UK, We have the National health service (NHS) at first it was great, as the tax payer has health care, even if you’re not working you have health care. But now… Our NHS is open to the world, yes it’s true. Arrive in England you get free health care, can you tell me why I’m paying nation insurance (N.I.) yet the world can use it for free? USA could introduce an NHS system with extremely strong vetting process before someone can use it. You can’t have people around the world using it for free like they do here. Basically what your health care is saying, if you have Money we can look after you but if you don’t, we can’t provide you with good health care. That’s rather alarming. I would hate to get sick in USA. I like the fact that you’re independent, and I respect that, but someone is going to lose their life because they are poor? I find that disgusting. You can send money over seas but you can’t look after your own people. The health care in USA needs to be addressed sooner that later. If I was the President (let’s face it, anyone within an I.Q. of 5 could be president, just look at Biden) the health care along with Socialism would my main targets. Okay finally… You go to college, you work too and pay bills then when you’re in fully qualified you have to pay the money back to the government on top of that your accommodation. How about 6M-1Y Financial break? Give newly professionals time to breath. Never mind paying back their Government loans, now they have state tax, federal tax and other taxes on top of their loans. You want to encourage more people to be professionals and not to penalised people for being professionals. Last but least, A big shout out to the Doctors from S.Carolina. No need to say your name as you already know who you are. 🙏🏻❤️

[@BoomerBenefits]

Hi Michael - Thank you for your comment!

[@Johnny-Badhair]

slow

[@gmog7857]

The biggest nonsense I have ever heard in my life, very complicated for no reason but confuse people......................

[@BoomerBenefits]

Hi there - we offer many different resources for free to help ease any confusion. You can find them here - boomerbenefits.com/medicare-resources/

[@neftimiades]

When I accept Medicare does that mean I drop my current (very expensive) health insurance?

[@BoomerBenefits]

Hi Nicholas - The time to enroll in Medicare is during your Initial Enrollment Period (IEP). Your IEP begins 3 months before your 65th birthday month and ends 3 months after. During this time, you can enroll in Medicare, and this can be your only insurance. What type of insurance plan do you currently have?