Does My Current Health Insurance Affect SSDI Or SSI?

Parmele Law FirmSocial Security

Millions of Americans take advantage of the benefits provide by the Social Security Administration. Among the benefits offered are social security payments for retirees who have reached the age of retirement and are eligible to receive benefits, payment for disabled workers (known as Social Security Disability Income, or SSDI), and Supplement Security Income (SSI). There are also government programs that provide healthcare for those that qualify (most notably Medicare and Medicaid), and many of these programs can work alongside or in place of private retirement or health coverage. Because there is an interplay between private and governmental benefits it is critical to understand what you are eligible for in both arenas.

If you have health insurance and are concerned that the amount of benefits you receive will have an impact on how much SSDI or SSI you can get, you do not need to worry. Your current healthcare insurance does not change your eligibility status for payment of SSDI or SSI benefits. That said, you do need to take the following information into consideration when applying for social security benefits:

  • Should you continue to use your current insurance as your primary insurance, or instead rely on Medicare or Medicaid and shift your current insurance to your secondary source of coverage?
  • What services are available through your current healthcare system versus Medicare or Medicaid?
  • How much are your out of pocket expenses with each option?

Making these decisions is tough, and should only be done with the assistance of a qualified professional. We consider all of your retirement and healthcare needs, as well as taking into account any disability payments you are entitled to receive. Our analysis is based on your current needs as well as what will be needed in your foreseeable future. With our help you can rest easy knowing we are fighting for maximum benefit payments so you are able to remain financially stable without working. Suffering a disability or having questions about adequate healthcare coverage are important issues, and you deserve clear answers. Combining benefits is common, but it does take some work. We think through the possibilities with you so you can make a decision that works for your family.

If you have questions about social security benefits and what to expect if you become disabled, have existing health care insurance, or need supplement security income, call an experienced attorney for help. Contact us online today for more information. We can also be reached at 855-727-6353.