To terminate Medicare Part B, call and interview with a Social Security representative at the toll-free number located on the Social Security Administration website, or go to your local Social Security office and meet with a representative in person, explains the Social Security Administration. The representative helps you fill out form CMS 1763, which is only available through the Social Security Administration.
A Social Security representative is available by phone from 7 a.m. to 7 p.m. Monday through Friday, states the Social Security Administration. You can also locate your local Social Security office by inputting your ZIP code in the Social Security Office Locator tool.
The Social Security Administration sends a letter to you after you submit form CMS 1763 detailing the consequences of cancelling your Medicare Part B plan, such as the penalty for anyone re-enrolling in Medicare after cancelling his participation in the program, explains Joseph L. Matthews for Caring.com. Cancellation of Medicare Part B comes into effect at the end of the month after submitting the necessary form.
As part of Original Medicare, Part B covers preventative services, supplies and other services considered medically necessary to treat diseases or conditions, such as doctor's office visits, lab tests and surgeries, according to Medicare.gov. Examples of services covered by Medicare Part B include partial hospitalization, ambulance services and both inpatient and outpatient mental health services.