Question

The open enrollment period for Medicare Part B is ____________.

1) January 1 through March 31
2) January 1 through April 30
3) January 1 through May 31
4) January 1 through June 30

Answer 1

The open enrollment period for Medicare Part B is from January 1 through March 31, which allows eligible individuals to sign up for coverage that includes various non-hospital medical expenses. Option 1 is correct.

Step-by-step explanation:

The open enrollment period for Medicare Part B is from January 1 through March 31. This is a time when individuals who are eligible for Medicare can sign up for Part B, which is an optional insurance program covering non-hospital medical expenses like physician services, medical tests, and outpatient visits.

During this period, beneficiaries must pay a monthly fee, deductible charges, and copayments, while the government subsidies cover approximately three-fourths of the overall costs. It's important for eligible individuals, especially those who are newly qualifying due to age or disability, to understand the significance of this enrollment period to avoid late enrollment penalties and ensure access to necessary medical care.