These enrollment periods apply only to Original Medicare, Medicare Advantage plans and Medicare-approved prescription drug plans. With Medicare Supplement insurance policies, you can enroll at any time, but the best time is during your Initial Enrollment Period.
Beneficiaries who enroll in a BlueCross BlueShield of South Carolina Medicare Advantage (MA) plan during the IEP can disenroll at any time within the first 12 months of coverage and return to Original Medicare and enroll in a prescription drug plan. This also allows you to apply for a Medicare Supplement insurance policy.
The Annual Enrollment Period (AEP) is the time each year when you can choose which kind of Medicare coverage you want to enroll in effective January 1 of the following year.
For example, if you want to change Medicare Advantage (MA) plans because your needs have changed, or if you decide to change from a Medicare Advantage (MA) plan to Original Medicare with a Medicare Supplement insurance plan, you may do so during the AEP. Coverage takes effect on January 1 of the following year.
Additionally, the Medicare Open Enrollment Period (OEP) runs January 1 to March 31 each year and allows eligible beneficaries to make a a one-time switch to another Medicare Advantage (MA) plan, to disenroll from a MA plan, or to add or drop Prescription Drug (PDP) coverage.
There are a number of circumstances under which an individual is eligible for a Special Enrollment Period (SEP), such as:
To find out if you’re eligible for a SEP, contact us at 1-800-930-2836 (TTY users dial 711).