Are you ready for the Open Enrollment Period (OEP)?
When is OEP?
January 1 through March 31 each year.
Who is Eligible?
Individuals enrolled in an MA-Only or MAPD plan CAN:
use the OEP to switch to or get a different MAPD plan, an MA-only plan, or Original Medicare (with or without a PDP).
Individuals enrolled in Original Medicare CANNOT:
use the OEP to join an MA or MAPD plan, add a PDP, or change their PDP.
In addition, the OEP is not available to those enrolled in Medicare Savings Accounts or other Medicare health plan types (such as cost plans or PACE).
Broker Do’s and Don’ts
Producers May NOT:
Send unsolicited materials advertising the ability/opportunity to make an additional enrollment change or referencing the OEP
Specifically target beneficiaries who are in the OEP because they made a choice during AEP, by purchase of mailing lists or other means of identification
Engage in or promote agent/broker activities that intend to target the OEP as an opportunity to make further sales
Call or otherwise contact former enrollees who have selected a new plan during the AEP
Use marketing pieces that highlight the OEP or the opportunity to change plans during the OEP
Make assumptions on which election period to use.
Producers May:
Educate consumers about the OEP if you are enrolling them into a plan, or they have reached out to you about their dissatisfaction with their current plan
At a beneficiary’s proactive request, send marketing materials, have one-on-one meetings, and provide information on the OEP
Market to age-ins (who have not yet made an enrollment decision)
Market to dual-eligible and low-income subsidy (LIS) beneficiaries who, in general, may make changes once per calendar quarter during the first nine months of the year
PRODUCERS MUST:
Determine if the consumer has a valid election period and which election period is best for the consumer’s circumstances.
We hope you take advantage of this additional enrollment period happening in Q1 2021. Below are links to carrier information sheets to further clarify the do’s and don’ts you need to follow to ensure you remain compliant.
Register Now and Save Your Spot Tired of unreliable prospecting and mediocre results? Ready to break free from the old way of doing things and experience explosive growth in your Medicare sales? Join our upcoming webinar and discover how MedicareEXPRESS can revolutionize your business by delivering pre-qualified, high-intent, in-person sales meetings directly to your calendar. […]
Download a Free Seminar-in-a-box Toolkit The new Medicare Seminar-in-a-Box! A simple-to-use toolkit that helps you prepare and hold compliant and effective Medicare educational seminars. Medicare Seminar-in-a-Box Assets include: Agent Resources Guide to help agents get oriented Medicare 101 personalized presentation to use in seminars Table tents and pull-up banner designs for event collateral Multiple guides about Medicare events to help agents be effective and compliant Consent to Contact form for event attendees […]
Register Now and Save Your Spot Are you ready to take your Medicare knowledge to the next level? We have an exciting opportunity just for you! Join Integrity’s Ted Sims for an exclusive informational event where we’ll dive deep into the world of Medicare Supplements and explore why they are essential in today’s market. Discover […]
