A large number of Americans depend on Medicare for healthcare coverage, including Social Security Disability Insurance (SSDI) recipients. However, many do not fully understand how Medicare works or what it covers. Here are three common myths about Medicare that all SSDI recipients need to be aware of.
MTYH #1: You must be 65 to receive Medicare benefits
While this is true for many people, there are certain conditions that allow you to begin receiving Medicare coverage earlier,* such as a disabling condition that qualifies someone for SSDI benefits. Social Security disability recipients are eligible for Medicare benefits 24 months after their date of disability.
There are also certain conditions, such as ALS, that qualify people for Medicare the first month they become eligible for Social Security disability.
MTYH #2: Medicare covers all healthcare costs
Many people mistakenly believe that Medicare covers all healthcare-related costs when, in fact, it does not. Long-term care, most dental care, and eye examinations related to prescribing glasses or contact lenses are not covered. Even for the services that Medicare does cover, there will still be a deductible or co-pay. Medicare will cover 80 percent of the cost of most services. There are supplementary Medicare plans available, such as Medicare Advantage and Medicare Part D, that offer further coverage – but at an additional cost.
MYTH #3: Medicare costs the same for everyone
When it comes to Medicare coverage, everyone does not pay the same amount. While there is a standard charge for Medicare Part B (medical insurance) coverage, there are surcharges that high-income individuals will have to pay. Most SSDI recipients will not face these surcharges.
Let us help you with your Medicare coverage. Medicare can be confusing, but our trusted partner Connect One Health will help you choose the right health insurance plan based on your individual medical needs. Call 215-914-5465 for your FREE consultation.