The OEP period begins January 1st and ends on March 31st. During the OEP, an existing Medicare Advantage policyholder can switch their Medicare advantage plan and/or cancel their enrollment in their Medicare Advantage plan to return to Original Medicare and enroll in a Medicare Part D plan.
The OEP offers beneficiaries a chance to review and adjust their Medicare coverage according to their changing healthcare needs. Understanding this period ensures beneficiaries can make informed decisions about their healthcare coverage.
Stay informed about your Medicare options. Download our comprehensive e-book now to learn more about the Open Enrollment Period and how to make the most of your Medicare coverage.