Definition of Open Enrollment Period

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TeachMeFinance.com - explain Open Enrollment Period



Open Enrollment Period

The term 'Open Enrollment Period ' as it applies to the area of Medicare in the United States can be defined as ' A one-time-only six month period when you can buy any Medigap policy you want that is sold in your State. It starts in the first month that you are covered under Medicare Part B and you are age 65 or older. During this period, you can't be denied coverage or charged more due to past or present health problems'.

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About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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