Social Security and Medicare

Social Security Benefits

At least 90 days before you retire, you should contact your local Social Security Administration Office for an appointment. The appointment will save you time and allow the office time to review your records.

The Social Security Administration requires proof of your birth before you can receive Social Security benefits. If you do not have a birth certificate, you should contact them to determine what documents are acceptable.

www.ssa.gov

Medicare

Medicare is comprised of four parts: 

Part A covers hospital insurance, hospice care, care in nursing facilities and some home healthcare options. View Part A coverage costs here. 

Part B includes certain doctors' services, medical supplies and preventative services. Unlike most cases in Part A, Part B has a monthly premium that members must pay. The premiums chart below show the cost per month for Part B Coverage. Part B also includes an annual deductible of $183. Vew Part B coverage costs here. 

Medicare Part B Premiums 2018

Part C includes Medicare Advantage Plans, or health plans offered by Medicare-approved private insurance companies. 

Part D is Medicare Prescription Drug Coverage, or plans that can cover a large protion of prescription drug costs.

Enrolling in Medicare Timelines

Approximately three months prior to reaching age 65 you should contact your local Social Security Administration Office to inquire about enrolling in Medicare Part A. 

 To avoid delay of your enrollment or a penalty being added to your premiums, you should enroll in Medicare as soon as you are eligible.

In order to ensure a smooth transition from employee to Medicare retiree medical coverage, it is crucial the Benefits Department receives your Medicare Part A and Medicare Part B numbers. You will be required to pay insurance premiums by personal checks since you will no longer receive income from the University; therefore, payroll deductions are no longer possible. It is very important you notify the Benefits Department of any change of address.

Medigap