Exemptions to the Individual Mandate
There are some cases where there is no penalty to not having coverage.
Medicare is a federally-run health insurance program. Centers for Medicare and Medicaid Services (CMS) administers Medicare. In order to be eligible to receive Medicare, you must meet at least one of the following criteria:
• Be age 65 or older
• Have permanent kidney failure
• Have a Medicare-qualified disability
There are four separate parts to Medicare:
Each of these parts covers specific services.
When you near your 65th birthday, you should contact Medicare to see about enrolling in Part A coverage. You will also have the option to enroll in Part B and Part D at this time. For most people, enrollment in Part A is automatic and comes without cost - the Medicare taxes you’ve paid while working cover this premium. Most people will need to pay a monthly premium for Part B, Part C and Part D.