As you age, you may begin to wonder how you will may for your medical needs. After retirement, it can be difficult to make ends meet. However, the United States government offers Medicare insurance that can pay for a wide range of healthcare needs. Understanding whether or not you are eligible for coverage can be confusing unless you understand the rules.
Are You 65 or Older?
In general, all Americans qualify for Medicare once they reach age 65. This is the age requirement simply because it is assumed that most people have retired or are close to doing so by then.
Do You Have a Disability?
If you have not yet reached age 65, you may still be eligible for Medicare insurance if you have a disability. Without the ability to work and earn an income, you may need additional support from this government insurance program.
What Type of Medicare?
There are a few different types of Medicare that you may qualify for:
- Medicare Part A
- Medicare Part B
- Medicare Advantage
- Medicare Cost plan
Parts A and B are available for anyone who is eligible and cover hospital stays and basic medical needs, but may not offer enough coverage, which is why many older Americans choose to obtain additional Medicare insurance from a professional insurance agency.
Without adequate coverage, you could face financial hardship should a health problem come up. An insurance agent may be able to help you determine which plan is right for you.