Difference between OEP and AEP
Medicare OEP Vs. AEP — What do these abbreviations stand for? OEP stands for Open Enrollment Period, and AEP stands for Annual Enrollment Period. In this post, we outline the major differences between Medicare Open Enrollment Plan and Medicare Annual Enrollment Period. Understanding the differences between each enrollment period is often a point of confusion for Seniors. This blog will focus on the difference between the Annual Election Period (AEP) and Medicare Advantage Open Enrollment Period (MA OEP). The annual Annual Enrollment Plan allows you to review your current Medicare plans. In other words, it is the time to compare and review different health plans available in the market. It also allows the medical beneficiaries to change their current medical plan. It usually starts on 15th October and ends on 7th December. Medicare health and drug plans can make changes in cost, coverage, and the providers and pharmacies in their networks. For Medicare Advantage (also known as Medicare ...