CEO/President, Elite Insurance Partners, LLC, Florida - But we work nationwide
Medicare makes it difficult to cancel, or withdraw from, Medicare Part B. Because Medicare Part B provides important coverage for most people 65 and older, and because there's a penalty if someone cancels Medicare but then later wants to enroll again, Medicare enrolls everyone automatically at age 65 and wants to make sure no one cancels their coverage without fully understanding the consequences.
You can have Medicare Part B removed by going to your local Social Security office or by calling 1-800-Medicare. I would not remove Part B unless you are covered by an employer group health plan if you employer has at least 20 or more full time employees. If you have gone back to work full time and being offered health insurance through your employer it may be appropriate to remove Part B of Medicare.
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Medicare makes it difficult to cancel, or withdraw from, Medicare Part B. Because Medicare Part B provides important coverage for most people 65 and older, and because there's a penalty if someone cancels Medicare but then later wants to enroll again, Medicare enrolls everyone automatically at age 65 and wants to make sure no one cancels their coverage without fully understanding the consequences.