Medicare MAPD and PDP Enrollment periods
Medicare Advantage Plans (MAPD) and Prescription Drug Plans PDP) have several enrollment opportunities below is the list of election periods.
- Initial Election Period IEP when an individual is turning 65 and elects to take Part A and B at the same time.
- Annual Election Period AEP is the time of year from October 15th to December 7th when individuals may elect to change their plans.
- Open Enrollment Period OEP from January 1st thru March 31st a person may may a one time change from one MAPD to another MAPD or leave an MAPD and go back to original Medicare a elect to enroll in a PDP.
- Special Election Period SEP is an election period that is utilized throughout the rest of the year when a change in status occurs; I.E. moving out of a coverage area, loss of coverage, a plan terminates service in an area, etc.
- 5 Star Special Election Period 5 Star SEP is a plan in an area that has received a 5 Star rating may at any time from December 8th to October 14th of the following year enroll an individual into that plan with a 1 time election period.
Schedule a consultation to find out if any of these enrollment periods apply to you.
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