How Medicare Works
Learn more about what OEP means for Medicare Advantage members
OEP stands for Open Enrollment Period. It’s an enrollment period that allows Medicare members to change their Medicare Advantage plan. OEP begins January 1 and ends March 31.
During OEP, if you are unhappy with your Medicare Advantage plan, this annual window allows you to make a one-time change to your existing Medicare Advantage coverage.
Perhaps you enrolled in a Medicare Advantage plan without fully understanding its benefits. The Medicare Advantage OEP allows you to switch to another Medicare Advantage plan based on what you like or dislike about your current coverage.
FAQs about OEP
What is the difference between OEP and AEP (Annual Enrollment Period)?
How many times can I change my Medicare Advantage plan during OEP?
What can I do during OEP?
Can I change drug plans during OEP?
If I change my plan when will my new plan become active?