Hello Everyone, quick question. I live in Virginia and I was wondering if there are health insurances that cover parents. My wife and I are employed full time but our insurances do not allow us to add parents. I have seen in some discussion groups insurances offering employees to add their parents if the parents are dependents of the employee. Oh and the last time I checked heathcare.gov the basic insurance wanted $1,200/month premiums w/$8k deductible; not doable.
Thanks in advance for anyone's input & recommendations.
- no employment history here in US..yea I brought her over 20 years ago. Green card status is good and has SSN
- since she never held any job no need to fill out tax return; they may get a tax break or credit but that would come at the end of the year when filling...how would that help with monthly premiums and the deductible? ...hence the effort to add her to my insurance plan. She has been diagnosed with dementia.
Because of her age, she isn't gonna qualify for an ACA plan (Healthcare.gov) or any private insurance.
But it sounds like she can do a BUY IN to Medicare Part A and from that point she can buy into Part B. She can either buy a Part D Rx plan or if she can get a Medicare Advantage plan some come with Part D attached.
I can't figure out why Social Security didn't mentioned this to her years ago.
Below is a Medicare.gov worksheet that does not get into specifics but will tell you if she is eligible and what her premiums will be - just follow along & answer - the citizenship question does not come until the end.
A GOOD LOCAL MEDICARE Insurance Broker that knows all the ins and outs of Medicare maybe beneficial to you here -make sure they are knowledgeable on this topic.
My pal, somarco might be able to give you more info about using this type of professional. I am sure he will be available shortly.
It isn't cheap but better than what you quoted - a rough guess would be about $ 625 per month for everything Part A, Part B, Part D - I do not know if they will assess her a penalty for not signing up when 1st she could - I think not.
I do not know if there is any extra help for her if she is very low inome - maybe.