What is correct regarding Medicare Supplement Open Enrollment?

The correct choice states that coverage may be denied if not applied for during the Medicare Supplement Open Enrollment period. This is significant because the Open Enrollment period is specifically designed to give individuals who are 65 years old or older an opportunity to apply for a Medicare Supplement plan without facing medical underwriting. During this time, insurers cannot deny coverage or charge higher premiums based on health status.

Understanding the implications of not applying during this period is crucial; if a consumer waits until after the Open Enrollment period to apply, they may not have guaranteed access to a policy and could face limitations or even denial based on pre-existing conditions. This underscores the importance of applying within the designated period to ensure coverage options remain accessible.

Other options do not accurately reflect the rules governing Medicare Supplement Open Enrollment. For example, the period lasts for six months, beginning on the first day of the month in which a person turns 65 and is enrolled in Medicare Part B. Moreover, while individuals can apply for coverage after this period, they may not have the same protections from health underwriting that are granted during Open Enrollment. Additionally, the enrollment period applies to anyone 65 or older, not just those over 70.