Medicare Mistake #4:
Thinking You Must Reach Retirement Age
You must meet certain requirements for Medicare eligibility. Most people reach full retirement age at 66. You must sign up for Medicare at age 65 to
avoid penalties, unless you have health coverage from your job, or from your spouse’s current place of employment.
If you are under 65, you qualify for Medicare if you:
- Have end stage renal disease
- Received Social Security Disability income payments for 24 months
- Are in the first month of disability for ALS-Lou Gehrig’s Disease.
- Received a disability pension from the Railroad Retirement Board
- Have permanent Kidney failure requiring dialysis on a regular basis, or a kidney transplant (based on if you and/or your spouse has paid Social Security for a length of time, dependent on age)
If you are over 65, you qualify for Medicare if:
- Are a United States citizen
- Are a legal resident who has lived in the country for a minimum of five years
- You meet the eligibility for Social Security railroad retirement benefits
- You are a government employee or a retiree who has not paid into Social Security but did pay Medicare taxes while working
Don’t wait until you retire, and are collecting Social Security benefits, to enroll in Medicare.