Can a member add or drop prescription drug coverage during the Annual Election Period (AEP)?

During the Annual Election Period (AEP), members have the opportunity to make various changes to their Medicare coverage, including prescription drug coverage. Specifically, they can choose to add or drop a Part D plan, which provides prescription drug benefits. This period typically runs from October 15 to December 7 each year, allowing beneficiaries to reassess and adjust their health coverage according to their needs.

By selecting to add or drop prescription drug coverage during this time, members can switch from a Medicare Advantage plan with drug coverage to one without it, or vice versa. They can also transition between Part D plans or enroll in a new one. This flexibility is essential for ensuring that members have access to the most appropriate and cost-effective coverage for their prescription needs.