Question #53 of 85

Which of these statements regarding the medical insurance program under Medicare Part B is CORRECT?

A)

Late sign up will result in a temporary premium penalty for the following year.

B)

The insurance coverage is free if enough quarters of coverage are obtained.

C)

Medicare Part B has a standard seven-month enrollment period in the year in which the participant turns age 65.

D)

The cost is based on the prior year's modified adjusted gross income.