Please help us in our situation. We are both on Medicaid. Our income is at the level where we can both qualify for financial assistance for schedule B of Medicare but not schedule A (they are not qualified for financial assistance schedule A of Medicare).
We both do not have 40 credits at this time. The earliest that one of us will get 40 credits is going to be next year when one of us will turn 66.
We obviously do not have enough income to pay for schedule A premium of Medicare.
We also want to collect our social security benefits when one of us will turn 66 (next year).
(1) First Colorado Medicaid office us that once we turn 65, our Medicaid will be terminated even though our income will still qualify us for Medicaid. We argued that this response is incorrect but they said that its Colorado state regulation. How can we find out more about this
(2) Our major concern is that is if we don’t enroll in Medicare part A (while not collecting social security benefits) will result in some penalties and higher premiums for schedule A of Medicare in the future. Could you please clarify.
(3) Also, we are not sure to get financial assistance with premiums for schedule B of Medicare (i.e. where to start etc.
(4) Assuming their situation, we believe that there is option to get enrolled into schedule B and not into schedule A of Medicare until one of us get 40 credits (next year) while NOT collecting social security benefits. Is this correct?
Thank you very much for your help!!!