South Carolina Life and Health Practice Exam

At what age does the open enrollment period for Medicare Supplements begin?

1. 60

2. 62

3. 65

4. 70

The correct answer is: 65

The open enrollment period for Medicare Supplements begins at age 65. This is a critical time for individuals to enroll in a Medicare Supplement plan without medical underwriting, which means they cannot be denied coverage or charged higher premiums based on pre-existing conditions. At 65, individuals typically become eligible for Medicare, and the open enrollment period lasts for six months, starting the first month they are both 65 years old and enrolled in Medicare Part B. This allows beneficiaries to select a Medigap policy that helps cover costs not paid by Medicare, such as copayments, coinsurance, and deductibles. Understanding this enrollment period is vital as it provides one of the best opportunities to secure healthcare coverage without the risk of being denied due to health status, making it an essential aspect of planning for healthcare as one ages.