Medicare Advantage Open Enrollment Period (OEP)
The Medicare Advantage Open Enrollment Period is an additional opportunity for consumers on a Medicare Advantage plan to make a single plan change. OEP runs between January 1 and March 31 every year.
What can I change during the Medicare Advantage Open Enrollment Period?
The Medicare Advantage Open Enrollment Period is exclusively for those already on a Medicare Advantage Plan. If you qualify to make a change during the Medicare Open Enrollment Period, you can choose a different Advantage Plan or choose to return to Original Medicare. If you decide to discontinue the Advantage Plan, you can also enroll in a separate Prescription Drug Plan (Part D).
For those enrolled in a Medicare Advantage Plan, only one switch is allowed during the Medicare Advantage Open Enrollment Period in the first quarter of the year.
During this enrollment period, Original Medicare policyholders cannot:
- Switch from Original Medicare to a Medicare Advantage plan
- Join a Medicare Prescription Drug Plan (Part D)
- Switch Medicare Prescription Drug Plans
Let The Medicare Helpline Help You Better Understand the Medicare Advantage Open Enrollment Period
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