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Showing results for tags 'medicare part b'.
I applied for and received social security disability a couple years ago. I received a letter in the mail from social security in Sept of 2019 saying that they were going to start charging me $135 a month and another $135 a month for a total of $270 for part B medicare. I was already paying $350/month for health insurance through the Fed Govt for retirement and didn't understand why I needed to pay $270/month for part B if I was covered through my retirement health ins. I called Social Security and talked to them about it. They told me I could elect to not select part B and that I would be given another opportunity at age 65 to select it free of penalty (I am currently 59). I had an accident and a trip to the ER recently and found out that my health insurance won't pay anything as I was offered medicare and did not take it when offered. Now keep in mind Social Security never told me of this potential, I thought that over the last year I had insurance but since I go to the VA for most health care I never had a claim and wasn't denied until recently. I have no idea what can be done at this point. Any help would be greatly appreciated. I think since I'm 100% P&T the VA will pay the cost of the ambulance and hospital bill but I'm more worried about the rest of my healthcare. I recently read that if you don't take part B when offered you will be assessed an additional 10% per year when you elect it and that you can't even do that until Jan - March of the year so I think the bad advice I received will cost me a 20% penalty on part B for the rest of my life...
Question, I’m 100% P&T and draw SSDI. I recently received my Medicare pamphlet and card with instructions on choosing the part B option. My question is being 100%P&T do I really need part B of Medicare? I figured no but, I wanted to ask the Experts! Thanks, Eric