Medicare alone gives rise lots of questions, how much more if you are disabled and you are under 65. The steps of what you need to do or what you need to know may not be as clear as you would want. If you do not register in a window period provided by the government, you stand the chance of being punished and the penalty will be more expensive than you would expect. A qualified person with disability income will have a two-year waiting period to qualify for Medicare A and B plans. Now, if you need insurance, it can be such a long wait.
If you were an employee, you will be covered by your employer. If you have been invited to take a disability leave, COBRA will enable you to elongate the protection plan of your previous employer. Now, the option of COBRA allows you to pay for health coverage for about 18 months. In some cases, you can get 24 or 36 months depending on the situation. This will give you some time to switch to Medicare Disability. If you cannot afford the rewards due to the cash flow of COBRA, you could qualify for Medicaid. It is a state health care program made available by the state. They have the requirements to qualify if they are satisfied. Refer to the status plans during the application. Your health care will therefore be a minimum cost for you and will be paid for by the state.
When you’ve attained the 2-year waiting period to qualify for Medicare, you have a window to do other things to stay compliant. The government requires Part D insurance; D is for drugs. Original Medicare does not provide this except for hospital drugs. They will give you a window of about three or four months to buy a D-piece. In general, it is the beginning month of Part B (published by Original Medicare), and then 90 days later in the same month. If you do not register for a Part D plan or its equivalent during this period, you may be penalized when you register. Medicare needs it so that more people can pay to control the cost of each person.
If your insurer has to offer Medicare advantage insurance to people under 65 who are disabled, you can sign up without a subscription during the same period. You will find that the price is much higher for those under 65 than if you were 65 or older. This is partly due to the fact that you are open about health care because you have a disability; this means you have more rights. In either case, you have the option to request a policy that you sign and use the lowest rates without checking your health. In some states, such as Indiana, insurance companies are not obliged to participate in the market for under-65. If you can continue to work and keep your job insurance, Medicare A and B will not change. You can keep this insurance if you wish.