Quote:
Originally Posted by fintstone
If you're getting disability income from Social Security you’re eligible for Medicare Part A (Hospital Insurance) and Part B (Medical Insurance) starting the 25th month you get the benefits.
Use this to determine your eligibility:
https://www.medicare.gov/eligibilitypremiumcalc/
Most LTD reduces benefits by the amounts you can get by the amount of SSDI and Medicare you are eligible for (so essentially, you have to apply when eligible to continue coverage).
Here is an article that simplifies it a bit:
Medicare Disability Coverage For Those Under 65 |
My SO went through all the this when she was diagnosed with stage IV cancer at age 37. One of her financial advisers had told her to get the maximum LTD the company offers and it paid off in her case. Her LTD insurer told her she had to apply for Medicare and they would provide a lawyer if Medicare declined her. In a way, it seems like a scam to shift part of the burden to someone else.
Ten years on, still fighting the battle.