Q: I have GEHA Basic and Medicare Part A and B. I take no prescriptions and go to the doctor very little, mostly to have tests done. I am considering dropping my Medicare B as I will have GEHA and Medicare A. I am interested in an unbiased answer.
A: Decisions like this are always personal. However, there are two things to consider before making a decision about dropping Medicare Part B. First, you need to review what benefits are included in Part B and decide whether you will need anything it covers that is not provided by your FEHB plan either now or in the future. Second, you need to be aware that if you drop your Part B coverage and want to re-enroll at a later date, you’ll have to wait for a general enrollment period, which is between Jan.1 and March 31 each year, wait for the coverage to be effective, which won’t start until the following July, and pay a 10 percent penalty for each full year you could have been enrolled in Part B but weren’t.