Enrollment Periods - Enrollment Choices

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3. Allows someone who did not choose Part B when first eligible to sign up for a July 1 Part B effective date?

The answer GEP stands for General Enrollment Period. During this period, individuals who did not enroll in Part B when they were first eligible can sign up for Part B coverage with an effective date of July 1. This enrollment period typically runs from January 1 to March 31 each year.

Explanation

The answer GEP stands for General Enrollment Period. During this period, individuals who did not enroll in Part B when they were first eligible can sign up for Part B coverage with an effective date of July 1. This enrollment period typically runs from January 1 to March 31 each year.

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5. Lasts from January 1 - March 31 of each year?

The given answer "GEP" is likely an abbreviation for "General Enrollment Period." This period typically lasts from January 1 to March 31 of each year and allows individuals to enroll in or make changes to their Medicare coverage. During this time, eligible individuals can sign up for Medicare Part A and/or Part B, as well as choose a Medicare Advantage plan or a Part D prescription drug plan. It is an important period for individuals to ensure they have the necessary healthcare coverage.

Explanation

The given answer "GEP" is likely an abbreviation for "General Enrollment Period." This period typically lasts from January 1 to March 31 of each year and allows individuals to enroll in or make changes to their Medicare coverage. During this time, eligible individuals can sign up for Medicare Part A and/or Part B, as well as choose a Medicare Advantage plan or a Part D prescription drug plan. It is an important period for individuals to ensure they have the necessary healthcare coverage.

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6. Is used for someone who is newly Medicare-eligible because they are turning 65?

The acronym ICEP stands for Initial Coverage Election Period. This is the period during which someone who is newly Medicare-eligible, typically because they are turning 65, can enroll in a Medicare plan for the first time. During this period, individuals have the opportunity to select a Medicare plan that best suits their needs and preferences. It is important to take advantage of the ICEP to ensure timely enrollment and avoid any potential penalties or gaps in coverage.

Explanation

The acronym ICEP stands for Initial Coverage Election Period. This is the period during which someone who is newly Medicare-eligible, typically because they are turning 65, can enroll in a Medicare plan for the first time. During this period, individuals have the opportunity to select a Medicare plan that best suits their needs and preferences. It is important to take advantage of the ICEP to ensure timely enrollment and avoid any potential penalties or gaps in coverage.

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9. Is used for a person under 65 who has been receiving Social Security benefits for 24 months?

The correct answer is ICEP-Disabled. This is because ICEP stands for Initial Coverage Election Period, which is the period when a person can first enroll in a Medicare Part D plan. In this case, the ICEP is specifically for individuals under 65 who have been receiving Social Security benefits for 24 months. This allows them to enroll in a Medicare Part D plan and receive coverage for their prescription drugs.

Explanation

The correct answer is ICEP-Disabled. This is because ICEP stands for Initial Coverage Election Period, which is the period when a person can first enroll in a Medicare Part D plan. In this case, the ICEP is specifically for individuals under 65 who have been receiving Social Security benefits for 24 months. This allows them to enroll in a Medicare Part D plan and receive coverage for their prescription drugs.

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