See post #23 below.
We are pretty lucky that we get to keep our Federal health insurance when we retire and change policies if we want to during our retirement. But, it's possible that you might find a supplemental insurance that has similar coverage and is less expensive than your Federal insurance. If that happens then you would suspend your Federal insurance and sign up for the supplemental. In this case you do need Part "B" and if you did not sign up for it when you first became eligible then there could/would be a substantial penalty. Each persons needs and circumstances are different. Even though you have FEHB coverage you need to check with your insurance company to see if you have to pick up Part "B" or not.
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