What does this OEP mean for you and your Clients?
The MA OEP will take place from January 1 through March 31 each year. The OEP allows individuals enrolled in an MA plan, including newly MA-eligible individuals, to make a one-time election to switch to another MA plan (with or without Part D coverage) or to return to Original Medicare (with or without Part D coverage).
Who does this affect?
Individuals enrolled in an MAPD plan can use the OEP to get a different MAPD plan, an MA-only plan, or Original Medicare (with or without a PDP). Individuals enrolled in an MA-only plan can use the OEP to switch to a different MA-only plan, an MAPD plan, or Original Medicare (with or without a PDP).