True Or False: Delay Medicare Until Full Retirement Age.

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1. Anyone turning 65 can wait until full retirement age and then do Medicare and Social Security at the same time.

True

False

This statement is most definitely false. 65 Incorporated encourages everyone turning 65 to pay attention to Medicare. Those covered by an employer’s group plan, sponsored by a large or multi-group employer or union, may be able to delay Medicare enrollment and not face a penalty. However, delaying enrollment because of any other type of healthcare coverage can lead to penalties for late enrollment in Medicare Part B, medical insurance, and Part D, prescription drug coverage.

Explanation

This statement is most definitely false. 65 Incorporated encourages everyone turning 65 to pay attention to Medicare. Those covered by an employer’s group plan, sponsored by a large or multi-group employer or union, may be able to delay Medicare enrollment and not face a penalty. However, delaying enrollment because of any other type of healthcare coverage can lead to penalties for late enrollment in Medicare Part B, medical insurance, and Part D, prescription drug coverage.

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True Or False: Delay Medicare Until Full Retirement Age. - Quiz

Determine whether the following statement is true or false.

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Aug 05, 2013

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Aug 05, 2013

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Anyone turning 65 can wait until full retirement age and then do...

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