Can I sign up for social security and opt out of medicare?

@BoomerBenefits

Жыл бұрын

You can't opt out of Medicare Part A and continue to receive Social Security retirement benefits. If so, you'll have to pay back all the benefits you've received so far to opt out of Medicare Part A.

Thank you for this information!

@BoomerBenefits

Жыл бұрын

My pleasure!

Great breakdown & very helpful!

@BoomerBenefits

Жыл бұрын

Thank you for your comment!🙂

Hi! I'm 65 this week and applying for SS benefits online. Am I able to sign what's necessary or do I have to mail app? Also, do I sign up for Medicare separately online? I appreciate your help! xo

@BoomerBenefits

Жыл бұрын

Hi there - yes, you can enroll into Part B online through SSA.gov! If you would like, call and chat with one of our agents and they can tell you the easiest way to apply. You can reach us at 817-249-8600!

I am a visual person and find your graphics really helpful.

@BoomerBenefits

Жыл бұрын

So glad! Thank you :)

Here is a question: I am getting cataracts done in a hospital. How much do I pay out of pocket for Part A? This will be as an outpatient. TIA

@BoomerBenefits

Жыл бұрын

Since this is an outpatient surgery, it would fall under Medicare Part B and not Part A. You would first pay the Part B deductible, $233 in 2022, and then 20% coinsurance. If you have a Medigap plan, it will help cover the 20%. If you have a Medicare Advantage plan, you will need to look at your plan's Summary of Benefits to know your cost-sharing amount. Be sure to check out our KZread video, Does Medicare Cover Cataract Surgery?

I have enjoyed your series and have learned a lot. My advisor says since I am in Florida that I should choose an Advantage plan over original Medicare. I always thought the opposite but three advisors say otherwise. What is your opinion?

@BoomerBenefits

Жыл бұрын

Medicare Supplement plans tend to be expensive in most parts of Florida. Additionally, the Advantage plans offered in FL tend to be very comprehensive and can actually be great plans for many FL residents. However, the right plan for you will depend on your budget, lifestyle, and medical needs. Feel free to give our team a call at 817-249-8600 and we'd be happy to help you find the right plan for your needs! We also have a video on FL advantage plans if you'd like to search for that video in our channel. :)

@stevesummerlin2604

Жыл бұрын

@@BoomerBenefits Thank you for the quick reply.

@BoomerBenefits

Жыл бұрын

@@stevesummerlin2604 You bet!

Hi: I am employee of HHSC having over 1000 employees. I completed 65 Years and enrolled in Part A Medicare. My spouse works for a voluntary organization with 6 employees on W2. She is currently covered under my insurance. In next year turns to 65. But like me she also would like to work till 70 Years. Can she continue on my insurance with out enrolling in Part B? As Part A any how is free. Please suggest.

@BoomerBenefits

Жыл бұрын

Hi there! Yes, as long as you actively work for an employer with 20+ employees, and that insurance covers your spouse, she can delay Part B past 65 like you did, with no penalty.

My husband is at his FRA but still working and has health insurance from the company. He’s receiving SS benefits and automatically enrolled in Medicare A only. Can he continue contributing to his HSA account at work? Thanks!

@BoomerBenefits

Жыл бұрын

Hi Sherrie - No, he cannot contribute to an HSA while enrolled in any part of Medicare. If he does, he could potentially be fined by the IRS. Check out our KZread video, Health Savings Account and Medicare

@sherrie5124

Жыл бұрын

@@BoomerBenefits Thank you so much for the clarification!! But can he contribute to FSA instead?

@BoomerBenefits

Жыл бұрын

@@sherrie5124 There are no restrictions when it comes to an FSA. You're very welcome!

@sherrie5124

Жыл бұрын

@@BoomerBenefits Tyty!

Hi, I was SSI recipient and turned 65 last september, why my card had only Part B plan on it and A is missed if I have been enrolled automatically

@BoomerBenefits

Жыл бұрын

Hi Volgana - that is very strange! Have you received a new card with updated information? If not, i would recommend reaching out your local SSA office and getting this straightened out.

@volganashahbazi

Жыл бұрын

@@BoomerBenefits Thanks for replying to my question, I have applied personally today, the worker told me I should have signed up between last January and March this is weird since I have received my welcome package, and my aunt and some friends similar to my case got theirs soon after their plan B

A friend said health coverage money was deducted from one of his SS checks but then the next month, the premium was zero. Now he gets his original amount from SS. It's weird because he never contacted anyone.

@BoomerBenefits

Жыл бұрын

Hi John - that does seem strange. The Part B Premium for 2023 is 164.90. I would have him contact Social Security to see what happened with his payments!

@lumberpilot

Жыл бұрын

@@BoomerBenefits He's afraid that if he contacts them, they might again deduct the Part B Premium which was only taken out of one month. He has been getting the full amount for a over a year now and he doesn't want anything to change. He said doing nothing worked for him!

@BoomerBenefits

Жыл бұрын

@@lumberpilot As long as he has creditable coverage, there should be no issues.

I am on disability and qualify for VA benefits. I turn 65 in February of 2023. Is there any way I can enroll online? I currently live in the Philippines.

@BoomerBenefits

Жыл бұрын

Hi Alex, you can apply for Medicare online here: www.ssa.gov/benefits/medicare/

Medicare starts at 65. How could someone be collecting SS first??

@BoomerBenefits

Жыл бұрын

You can collect Social Security benefits as early as age 62! Check out our video, Can You Get Medicare Without Social Security?

@georgeandrews1586

Жыл бұрын

@@BoomerBenefits Yes, but only an idiot would start collecting before they were 70. Who wants a small check???

@BoomerBenefits

Жыл бұрын

@@georgeandrews1586 There are many seniors who don't have a retirement savings, or have financial emergencies, so they draw Social Security early.

@georgeandrews1586

Жыл бұрын

@@BoomerBenefits If they need the income or more income, they probably should not have retired.

@BoomerBenefits

Жыл бұрын

@@georgeandrews1586 Thank you for sharing your thoughts on this!

Not a ton of info in this video... I guess this was a promo to make you buy her book...

@genox3636

Жыл бұрын

What's wrong with that? Should she make a ton of info to you for goodwill so you don't have to read?

@BoomerBenefits

Жыл бұрын

Hi Monica - This video is aimed at those who are enrolling in Medicare while already receiving Social Security benefits. There are a few different ways to qualify for Social Security before age 65, which we break down in this video. :)