How soon can someone propose an effective date for their new plan after loss of employer coverage?

When an individual loses their employer coverage, they can propose an effective date for their new Medicare plan as soon as the loss of coverage occurs. Specifically, they have a period of three months, including the month of loss of coverage, to enroll in a new plan. This three-month window is crucial because it aligns with the rules governing the Special Enrollment Period (SEP) for those who lose their employer-sponsored insurance, allowing individuals to transition smoothly to a Medicare plan without experiencing a gap in coverage.

The first month is the month in which the coverage ends, and then individuals have an additional two months after that to make their decision regarding their new plan. This policy is designed to provide flexibility for those navigating the transition from employer coverage to Medicare, ensuring they do not miss out on health care benefits due to timing issues surrounding their employment status change.