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[Solved]: 6 Mr

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6 Mr. Chen was still working when he first qualified for Medicare. At that time, he had employer group coverage that was creditable. During his initial Part D eligibility period, he decided not to enroll because he was satisfied with his drug coverage. It is now a year later and Mr. Chen has lost his employer group coverage within the last two weeks. How would you advise him? a. Mr. Chen should immediately enroll in a Part D plan but he can expect to pay a premium penalty because he failed to enroll when first eligible. b. Mr. Chen can wait up to 180 days after the loss of his creditable employer group coverage before enrolling in a Part D plan without worrying payment a premium penalty. c. Mr. Chen should seek to continue employer group coverage through COBRA because it is likely to have superior benefits at a more permanent solution. d. Mr. Chen should enroll in a Part D plan before he has a 63-day break in coverage in order to avoid a premium penalty.

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