Medicare creditable protection is medical insurance that counts in direction of the Medicare Half A and Half B ready interval. To be creditable, protection should meet sure necessities, akin to being supplied by an employer or union, or being a authorities plan akin to Medicaid or TRICARE.
Having creditable protection may help you keep away from paying a penalty once you first enroll in Medicare. It will probably additionally show you how to qualify for sure Medicare advantages, such because the Half A premium-free profit. Medicare creditable protection can even show you how to hold your Medicare Half B premiums from growing.