Form Cms-L564 - Request For Employment Information, Medicare True/false/multiple Choice Quiz Etc. Page 9

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Case Study — George Bell
_________________________________
George Bell is a 64 year old man who
_________________________________
th
will soon be reaching his 65
birthday.
_________________________________
George is so busy with a full-time career
_________________________________
that his plans for retirement are far in
_________________________________
the future. George will continue
_________________________________
employment with a major corporation
_________________________________
beyond his 65th birthday. What should
_________________________________
he do about Medicare enrollment and
_________________________________
his current group health insurance?
_________________________________
Case Study — Frank
_________________________________
Frank is 70 years old. He retired at 65
_________________________________
from the GMYM Savings and Loan. Since
_________________________________
he was receiving retiree insurance, he
_________________________________
did not sign up for Medicare Part B. He
_________________________________
has recently received notification from
_________________________________
the bank that the retiree insurance will
_________________________________
be changing and some of the benefits
_________________________________
will be eliminated. Frank has decided
_________________________________
that he now wants to sign up for
_________________________________
Medicare Part B. When Frank went to
the local Social Security office on April
12, he was told that he would be
penalized for not signing up for Part B
when he was initially eligible.
Is this true?
What would Frank’s penalty be?
Day 1 – 2014
5

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Parent category: Business