General Enrollment Period (GEP)

The General Enrollment Period (GEP) is a specific time frame provided by Medicare for individuals who missed their initial enrollment period to sign up for Medicare Part B or Part D coverage. The GEP typically occurs annually from January 1st to March 31st, and coverage becomes effective on July 1st of the same year. During this period, individuals may enroll in Medicare Part B or Part D, although they may incur late enrollment penalties or gaps in coverage if they delay enrollment beyond their initial eligibility period.