[Health Insurance] 39, Medicare Overview and Eligibility
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
The four main eligibility pathways for Medicare: age 65, receiving SSDI for 24 months, End-Stage Renal Disease (ESRD), and ALS.
The difference between Medicare Part A (Hospital Insurance) and Part B (Medical Insurance), focusing on enrollment and premium requirements.
How to calculate the 7-month Initial Enrollment Period (IEP) for an individual turning 65.
Common exam traps related to the 24-month disability waiting period and late enrollment penalties.
A simple mnemonic to recall the functions of Medicare Parts A, B, C, and D.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: / @open-exam-prep