Can You Draw Medicaid if You Retire at 62
If I Retire at 62, is That My Medicare Eligibility Age?
November 2, 2021 / 2 min read / Written by Jill H.
No, but in some cases, when one spouse turns 62, the other spouse may qualify for premium-free Medicare Part A even if he or she hasn't worked.
How old do you have to be to get Medicare?
Medicare benefits start once you reach the age of 65 (unless you qualify by disability). You're automatically enrolled at age 65 if you're already receiving Social Security or Railroad Retirement Board benefits.
How do I get full Medicare benefits?
If you've worked at least 10 years (40 quarters) while paying Medicare taxes, there is no monthly premium for your Medicare Part A (hospital insurance) benefits. But if you haven't worked, or worked less than 10 years, you may qualify for premium-free Part A when your spouse turns 62, if she or he has worked at least 10 years while paying Medicare taxes. However, to be eligible for Medicare, you need to be 65 years old. You also need to be an American citizen or legal permanent resident of at least five continuous years.
So, to summarize with an example:
- Bob is 65 years old. He's on Medicare, but he pays a monthly premium for his Medicare Part A benefits. He only worked for seven years and no longer works.
- His wife, Mary, has worked for over 30 years.
- Mary turns 62. Now, Bob no longer has to pay a Medicare Part A monthly premium.
- Mary still has to wait until age 65 to be eligible for Medicare (unless she qualifies by disability).
Will I get Medicare at 62 if I retire then?
If you retire before the age of 65, you may be able to continue to get medical insurance coverage through your employer, or you can purchase coverage from a private insurance company until you turn 65. While waiting for Medicare enrollment eligibility, you may contact your State Health Insurance Assistance Program to discuss your options.
Here are some ways you may be eligible for Medicare at age 62:
- You may qualify for Medicare due to a disability if you have been receiving SSDI checks for more than 24 months.
- You have been diagnosed with End-Stage Renal Disease (ESRD).
- You are getting dialysis treatments or have had a kidney transplant.
Medicare information is everywhere. What is hard is knowing which information to trust. Because eHealth's Medicare related content is compliant with CMS regulations, you can rest assured you're getting accurate information so you can make the right decisions for your coverage. Read more to learn about our Compliance Program.
New To Medicare?
New To Medicare?
Becoming eligible for Medicare can be daunting. But don't worry, we're here to help you understand Medicare in 15 minutes or less.
Get Answers
Was this article helpful?
Thank you for your feedback!
Related Articles
Frequently Asked Questions
Download The FREE Medicare Guide
Low on time? Get all of the New to Medicare info on this website in a free, easy-to-read eBook.
Need help?
Call to speak with a licensed insurance agent now.
1-800-299-3166 1-800-299-3166 TTY 711
Do it yourself!
Enter your ZIP Code and in a flash see your plan options.
eHealth and Advocate Aurora Health are independent entities and not affiliated in any way
eHealth's Medicare website is operated by eHealthInsurance Services, Inc., a licensed health insurance agency doing business as eHealth. The purpose of this site is the solicitation of insurance. Contact may be made by an insurance agent/producer or insurance company. eHealth and Medicare supplement insurance plans are not connected with or endorsed by the U.S. government or the federal Medicare program. We offer plans from a number of insurance companies.
Can You Draw Medicaid if You Retire at 62
Source: https://www.ehealthmedicare.com/faq/if-i-retire-at-age-62-will-i-be-eligible-for-medicare-at-that-time/