Which statement is true regarding Mr. Rice’s employer's group health plan when considering enrollment in Medicare Part B?

The statement that Mr. Rice has the right to return to his retiree plan if he opts out of Medicare Part B within a certain period is accurate because many group health plans allow for special enrollment periods. This ensures that individuals who initially decide to decline Part B because they have existing employer-sponsored coverage still have the opportunity to enroll later without penalty, assuming they qualify for the special enrollment based on their employer's rules. This provision is essential for maintaining continuity of coverage, especially for those who may be uncertain about how their Medicare enrollment will impact their existing health plan.

Enrolling in Medicare Part B while maintaining retiree coverage can vary from plan to plan, and it is critical for individuals to understand their specific plan details. In terms of the scenarios presented, this flexibility allows individuals like Mr. Rice to make informed decisions without the fear of losing their existing coverage immediately.

Other options present various situations that may not accurately represent the rules governing Medicare enrollment and employer-sponsored retiree plans. Understanding the rights associated with opting out of Medicare is crucial, and this correct statement highlights an important benefit for retirees considering their healthcare coverage.