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