What is oep in insurance?
The OEP is the probability that the associated loss level will be exceeded by any event in any given year. The Open Enrollment Period (OEP) is the time frame when people can enroll in a health insurance plan. What does open enrollment mean in health insurance? The open enrollment period, also known as OEP, is the annual period of time when individuals can enroll. OEP may refer to: Object Engineering Process · Octaethylporphyrin, a synthetic porphyrin · Open Enrollment Period, a period of time in which individuals may enroll in or change their health insurance plans. OEP is a six month period from the beginning of a consumer's Part B effective date.