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As a federal gov retiree having BCBS ins what happens to BCBS policy when I turn 65 and have to enroll in Medicare?
Wiki User
∙ 11y ago
whT happens to my ins. When I turn65qqq
Wiki User
∙ 11y ago
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Can a Medicare patient elect not to use Medicare?
if you are enrolled in it no, you can decline to enroll on medicare
Should you enroll in Medicare if your spouse has insurance?
yes
Who does not pay for Medicare?
Everyone who pays any type of federal tax pays for medicare- Therefore, anyone who pays no federal taxes, does not pay for medicare. CORRECTION: Medicare is funded by a payroll tax, paid by employers and employees, and by insurance premiums. It is not funded by income taxes or other sources. Therefore, persons who are not yet Medicare eligible or who are unemployed and those few who are employed but do not pay Medicare payroll taxes do not pay for Medicare.
How do I select a Medicare HMO?
Visit www.medicare.gov to compare Medicare HMO's in your area. You can then select one and enroll on the website.
Will Medicare pay for Kidney Dialysis?
absolutely! If you have stage IV Kidney disease, you cannot enroll in a Medicare Advantage plan, but FFS Medicare does cover dialysis.
Should you enroll in Medicare Part B when you are still working and covered by employer health insurance?
Yes, because there will probably be a penalty for late enrollment, and your employer's health insurance will probably require you to enroll in Medicare.
Who runs Medicare?
During your working life, you pay Medicare tax out of your paycheck. That tax pays for your Part A Medicare, which is the hospitalization portion of Medicare. Then when you enroll in Medicare, you can purchase Medicare Part B which is the medical/doctor's office portion of Medicare. When you purchase Part B, it is automatically deducted from your Social Security check each month. This amount will normally be $96.40(for 2009) unless you make more than $85,000.00 per year, then you will pay more for the monthly premium.
Why can't you opt out of medicare if you already have your own insurance?
There is no law requiring one to enroll in Medicare. However, many private insurers require this.
What are the consequences if you don't enroll in Medicare Part B at the right time for you?
You will be charged a penalty.
How can one on Medicare get prescription coverage?
Prescription coverage is available for anyone that is currently covered by Medicare. In order to get prescription coverage, one must enroll in one of two plans. Once a decision is made between the Medicare Prescription Drug Plan and the Medicare Advantage Plan there are numerous ways to enroll. One way is through the designated plan's website, another is to fill out a paper enrollment form.
How often do you pay for your Medicare?
During your working life, you pay Medicare tax out of your paycheck. That tax pays for your Medicare Part A (hospitalization). When you turn 65 and enroll in Medicare, you can choose to enroll in Part B (medical/doctor's office). The premium for Part B for 2009 is $96.40 per month (if you make less than $85,000.00 per year) which is automatically deducted from your Social Security check.
Why is Medicare taken from your paycheck?
During your working life, you pay Medicare tax out of your paycheck. That tax pays for your Medicare Part A (hospitalization). When you turn 65 and enroll in Medicare, you can choose to enroll in Part B (medical/doctor's office). The premium for Part B for 2009 is $96.40 per month (if you make less than $85,000.00 per year) which is automatically deducted from your Social Security check.
