Medicare and Medicaid

What is Medicare icep?


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2011-02-03 14:30:22
2011-02-03 14:30:22

Initial Credible Election Period.

When an individual becomes eligible for Medicare A and B, they are given an ICEP to choose supplimental coverage/Medicare Advantage(replacement) and/or Medicare Part D drug Coverage.

The Period of Time is 3 months prior to their effective date with Medicare A & B, the month of and up to 3 months after.

Example. Member is entitled to Medicare A and Enrolled in Medicare B effective 7/1/10. their ICEP starts 4/1/10 and end 10/31/10. This the time frame they are allowed by medicare to sign up for additional insurance.

This is a one time election for people to choose insurance outside of Medicare's Open enrollment period which is called AEP(Annual Election Period) which as of 2011 will run OCtober 15th to Decemeber 7th. (For January 1st 2012 effective date)

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Related Questions

There is multiple scenarios that make you eligible for Medicare: 1)When you turn 65 and you or your spouse has worked and paid Medicare taxes for at least 40 quarters or ten years 2)If you are under 65 and have become permanently disabled and have been receiving disability benefits for 24 months 3)If you have ALS aka Lou Gehrig's Disease you are eligible the first month you receive disability benefits. When you first become eligible you then have an Initial Coverage Election Period known as ICEP which lasts for 7 months (three months before you become eligible, the month of eligibility, and three months after) during which time you can review your various enrollment choices or stay with Original Medicare.

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