You can expand your Medicare market reach to include some adults who are not yet 65. This is a great opportunity for you to reach more people and make more sales! Take advantage of your opportunity to sell Medicare for those under 65.
In some circumstances, Americans who are under the age of 65 are eligible for Medicare. You can sell Medicare plans to anyone who has received SSDI (Social Security Disability Insurance) for 24 months with the exception of those diagnosed with ALS. Those eligible will automatically be enrolled in Medicare Part A and Part B in month 25 of their SSDI checks (and will receive a Medicare card then). Those with ESRD (End-Stage Renal Disease) at any age are also eligible for Medicare, regardless of Social Security standing.
Once those with SSDI or ESRD are enrolled in Medicare Parts A and B, they have the option to purchase Medicare Advantage or Medicare Supplement – that’s where you can come in and sell to an individual who is not yet 65.
Medicare for the young and disabled is slightly different from 65+ Medicare. For instance, those who are medically disabled but return to work will not have to pay a Part A premium for their first 8 1/2 years. If at that point a beneficiary still needs help, they can apply for the QDWI, or Qualified Disabled and Working Individuals Program.
Benefits are the same as in the Medicare program for seniors, which means that prescription drug and ancillary coverage is not included. Disabled beneficiaries will have to choose whether or not to enroll in a Part D plan, a Medicare Advantage plan, or a Medicare Supplement plan.
Don’t miss out on this opportunity to expand your market – you don’t have to only sell to seniors with these Medicare rules!