Special Election Period

A Special Election Period (SEP) is a designated timeframe during which Medicare beneficiaries have the opportunity to make changes to their Medicare Advantage (Part C) or Medicare prescription drug coverage (Part D) outside of the standard enrollment periods. Eligible individuals may qualify for an SEP due to specific life events, such as moving to a new area, losing employer-sponsored health coverage, or experiencing changes in their Medicaid eligibility. During an SEP, beneficiaries can enroll in a new plan, switch plans, or make other changes to their Medicare coverage to better suit their needs. Understanding the circumstances that trigger an SEP is crucial for beneficiaries to take advantage of this opportunity to adjust their Medicare plans accordingly.