Question

Which of the following statements is true about using a 5-Star Special Enrollment Period (SEP)?

a. It can be used once from December 8 through November 30 to enroll in a 5-Star plan, and coverage will start the first of the month following receipt of the enrollment application.

b. It can be used multiple times within a calendar year to enroll in any plan of choice, with immediate coverage upon enrollment.

c. It is only applicable for enrollment in plans rated below 5 stars, with coverage starting on the same day as the enrollment application.

d. It can be used indefinitely without any time restrictions to switch between plans of varying star ratings, and coverage begins within 90 days of enrollment.

Answer 1

The 5-Star Special Enrollment Period (SEP) can be used once to enroll in a 5-Star plan, with coverage starting the first of the month following receipt of the enrollment application.

Step-by-step explanation:

The correct answer is a. It can be used once from December 8 through November 30 to enroll in a 5-Star plan, and coverage will start the first of the month following receipt of the enrollment application. The 5-Star Special Enrollment Period (SEP) is a specific enrollment period for individuals who are currently enrolled in a Medicare Advantage plan that has a star rating of less than 5 stars, and they want to switch to a 5-star plan in their area. This enrollment period is limited to a one-time opportunity, and coverage starts the first day of the month following the receipt of the enrollment application.