Which statement is true regarding MA Open Enrollment Period?

The correct statement regarding the MA Open Enrollment Period is that it can only be used by a consumer currently enrolled in a Medicare Advantage (MA) Plan. This enrollment period allows existing MA plan enrollees to make changes to their coverage, including switching to a different MA plan or returning to Original Medicare with or without a standalone prescription drug plan.

The rationale behind this is that the Open Enrollment Period is specifically designed to allow individuals who already have an MA plan to adjust their coverage based on their changing healthcare needs or preferences. This is distinct from general enrollment periods that may cater to individuals who are not currently enrolled.

The other statements misunderstand the nature and purpose of the MA Open Enrollment Period. For example, it is not available to anyone regardless of their current enrollment status, nor does it permit enrollment in any health insurance plan; it's limited to MA plans for individuals who are already enrolled. Additionally, it is also not limited to the standard enrollment period, as it occurs during its own specified timeframe.