Common use of Annual Open Enrollment Period (OEP) Clause in Contracts

Annual Open Enrollment Period (OEP). The OEP is the period of time each year, determined by the Marketplace or AvMed, when you can apply for individual coverage or change your coverage. If you apply for and are enrolled in coverage during the open enrollment period, the effective date of your new coverage will be January 1st. If you don’t apply for or change your coverage during the OEP you must wait until the next OEP, or an SEP if applicable.

Appears in 7 contracts

Samples: Medical and Hospital Service Contract, Medical and Hospital Service Contract, Medical and Hospital Service Contract

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