While Medicare coverage is not mandatory, relatively few individuals will carry on into retirement with no Medicare benefits at all. There are a number of different coverage plans, each providing tremendous benefits.
Frequently Asked Questions
Is Medicare required?
When am I eligible for Medicare?
All U.S. citizens and legal residents who meet the following requirements are eligible to apply for Medicare:
- Age 65 or older
- Younger than 65 with a qualifying disability*
- Any age with a diagnosis of end-stage renal disease or ALS
*Qualifying disabilities can include dementia, mental illness, and other long-term and chronic conditions.
How does MedicareCU help?
MedicareCU has been in operation since 2013 offering assistance that works to broaden people’s understanding of Medicare benefits and helping eligible individuals find the right plan for their needs. We work exclusively with members of our partnered credit unions and specialize in the following areas:
- Medicare Advantage Plans
- Medicare Supplement Plans
- Drug Plans
- Original Medicare
- Personal Consultation
Why does MedicareCU partner with credit unions?
Simply put, a credit union is a non-profit organization that exists to serve its members. In many cases, this goes beyond simple banking solutions. Credit unions choose MedicareCU as a partner in order to provide their customers with access to trusted Medicare solutions.
Is Medicare free?
Medicare isn’t free. However, the costs of Medicare coverage are often significantly cheaper than other alternatives. The amount you will pay is dependent upon the coverage you choose and the services you receive.
How do I choose a plan?
There are several factors that should be considered when deciding on a plan. The most important being:
- Your Health
- Your Budget
- Your Preferences
Choosing the right plan takes time and will require a good amount of thought. MedicareCU is here to help you make the best decision possible given your situation.
How can I enroll?
The initial enrollment period (IEP) is seven months long and includes your 65th birthday month as well as the three months prior and three months following. Eligible individuals can either enroll on their own or seek assistance from trusted professionals like those at MedicareCU. It can be difficult to navigate the intricacies of enrollment which is why we are here to help.
Is my spouse covered as well?
Medicare is individual coverage. An individual and their spouse must enroll separately and will likely experience slightly different rates even with identical coverage.
Can coverage be changed?
After enrollment, you will have the opportunity to adjust your coverage each year during the Medicare Annual Enrollment Period (AEP). This period spans from October 15 to December 7.