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OC
Lv 6

Medicare for low income.?

I will be 65 in January 2018 and do qualify for Medicare. The premium could be zero if you qualify for low income as per Medicare. They say the income year that counts is 2 years prior to turning 65. In my case that would be for 2016 (my income for 2017 would not work). However, in the Medicare application they don t even ask for income. How should I proceed?

6 Answers

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  • Zarnev
    Lv 7
    3 years ago

    What you are looking for is called the Medicare Savings Program. These programs are through your state welfare office, not the federal government nor CMS (Centers for Medicare and Medicaid Services). You apply for these programs separately from you Medicare application.

    There are several different levels of help. If you qualify as QMB the state will pay your Medicare Part B premium, coinsurance, and deductibles. If you qualify as SLMB or QI-1 the state will pay your Medicare Part B premium only. Contact your state, county or local medical assistance office, social service office, or welfare office to find out if you qualify for one of these programs. Each state will have different income and resource requirements and they'll tell you for which program you qualify.

    If you do qualify as QMB there are special Medicare Advantage (aka Medicare Part C) plans which offer extra benefits, such as dental, vision, free transportation to medical providers, and over the counter benefits.

    If you do qualify for any of these programs you'll also qualify for Low Income Subsidy (aka LIS or Extra Help). This program is a federal program which can pay all or part of your Part D premium and will lower the co-pays for medications. You might qualify for this program even if you don't qualify for the Medicare Savings programs. You'll apply for this through the Social Security website.

    Also, if you qualify with any of these programs you have a special election period which allows you to change your Medicare Advantage or Medicare Part D plans at any time of the year and not have to wait for the Open Enrollment Period.

    Find a good agent in your area for assistance because this can get very confusing, as shown by the variety of answers to your question.

    Source(s): Independent Ägent, Certified Senior Advisor®
  • 3 years ago

    Ok

  • Judy
    Lv 7
    3 years ago

    Social security HAS your income info.

  • Ti
    Lv 7
    3 years ago

    Medicare is never free, but if you have little or no income, Medicaid, which is welfare, may step in.

    You should contact your state's welfare office.

  • Kini
    Lv 7
    3 years ago

    If your income is below the federal poverty baseline in your state, you may also qualify for Medicaid. It doesnt matter what your income was before you turned 65. What matters is your current income when you retire and also whether you paid Medicare payroll taxes for Part A.The Medicare Part B premium is never zero but if you qualify, your state MAY pay your Part B premium so you end up not having one.

  • 3 years ago

    Medicare is a health program offered by our marvelous United States government. In applying for medicare there is no income requirements.

    You would be required to add to your medicare by adding a different insurance company called medicare part "B" to assist you in the payment of your medicare payments, when you visit your doctor or is prescribed prescription drugs by your physician.

    This has nothing to do with your former earnings. Based on the Part B medicare insurance you decide to sign up with would determine any co-pays you would be required to pay as well as how much you would be required to pay for prescription drugs you would be given by your doctor.

    I think you are speaking of your social security benefits The amount of social security benefits you receive would be based on the highest two years of income you earned over the years. You are able to go on the social security web site to figure out the amount you would be able receive each month.

    You would be required to provide your social security number and other information to be able to get into the social security web site.

    Once there you are able to ask a few questions of which one is the amount you would be receiving each month. You would be able to find out when you are able to apply for your social security benefits on this web site.

    So you would not be surprised, there is an amount that would be deducted from your social security benefits each month.This amount would vary based on the amount of social benefits you receive each month. Each social security recipient has this amunt deducted from their social security benefits each month.

    Just a warning so you would know.

    You are also able to get this information while making application for your social security benefits at your local social security office. Since you would reach 65 in January, I think you are able to apply for your social security benefits this month.

    You would need to call or go by your nearest social security office to find out when you are able to apply for your social security benefits.

    Social security benefits and medicare benefits are two very different government programs offered to those that have reached the ripe ole age of 65 or older.

    I hope this has been of some benefit to you, good luck.

    "FIGHT ON"

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