Which statement about Special Election Periods is true?

• A. They are only for drug plans
• B. They are only during the Annual Enrollment Period
• C. They allow changes due to life events
• D. They last one day

Answer: (C)

Special Election Periods are enrollment opportunities outside the Annual Enrollment Period that open when you experience a qualifying life event. They let you enroll in, switch, or drop a Medicare Advantage or Part D plan to match your new circumstances. This is why the statement is true: SEPs are not limited to drug plans, they aren’t confined to the Annual Enrollment Period, and they provide a defined window of time (not just one day) to take action after a life event. Examples include moving to a new area, losing or gaining other health coverage, or becoming eligible for additional help with premiums.