Open enrollment creates opportunity… and stress. Trying to find the best (and cost-effective) benefits means coverage for the next year. In fact, with the right benefits mix, it could mean coverage and savings for years to come. Let us help you select benefits during open enrollment.
Tag: open enrollment
…and save more
Getting the most during open enrollment means more coverage for you (and your family). Hacking open enrollment to save more might seem like a sophisticated strategy, but we will show you a few ways to get more for less. Use these tips to take advantage of open enrollment. Hack away!
Whether you’re a company of two or 2,002, there’s a health insurance plan available for you and your employees. But it’s not as simple as just going with a group plan. Insurance companies offer different types of plans depending on the size of the insured group, and the larger the company, the better the deal it can negotiate.
Open enrollment unlocks options. Each year, you get the option to review and select the best health insurance plan. Don’t be afraid to be selfish and get the most for you and your family. Take advantage of open enrollment to get the most from your healthcare coverage. Here are some tips to maximize your health insurance coverage, while limiting your costs.
“Open Enrollment Tips: Maximizing your Health Insurance”
Getting prepared for open enrollment sets you up for benefits coverage (and success) for the next 12 months. Wandering into open enrollment without the tools you need could be financially disastrous. A few extras minutes today can ensure you are prepared for the unexpected.
Employees are busy. You are busy. Why would you add a health benefit that requires more time? The most likely explanation is that new benefits will save your company or your employees’ money. A health savings account (HSA) does both.
January signals the official end of open enrollment for most employers. This is a great time to review the effectiveness of open enrollment. Open enrollment success should compare benefits value, cost, and participation. It is a common misconception that employer and employee satisfaction can’t go hand in hand.
The federal open enrollment has come to a close for 2018, but that limitation doesn’t affect the HSA. HSAs can be opened by any qualified individual, family, or employer (for employees) anytime. HSAs are not beholden to normal restrictions of healthcare.
Open enrollment means options. You are given time to compare, review, and select your healthcare plan based on your expected needs. From there, you can add auxiliary benefits and health savings tools, like the HSA, to better optimize your cost and benefits experience.
In the first two weeks of open enrollment, 1.46 million Americans have signed up for individual healthcare through healthcare.gov. That is a 46% increase over the same period last year. Couple that with the traditional employer open enrollment that is happening in offices all across the country and millions upon millions of Americans are reviewing, comparing, and selecting healthcare over the last and next few weeks.
In two previous posts we discussed the “big” elections during open enrollment – health care and retirement savings. While these consume the most pre-tax payroll dollars – and therefore employee mindshare – your employer is likely offering other supplemental and/or elective products during benefit selection season.
Unless you have been living under a rock this week, you know two things. First, open enrollment has arrived for the individual healthcare marketplace (aka Obamacare). Second, and not surprising, healthcare premiums have gotten more expensive, in some cases much more. Without getting into the politics of it all, we want to show you, what you can do today to make healthcare costs less expensive so you can save the most money.
“Am I OK, Will I Be OK?” And Other Questions Open Enrollment Cannot Answer, But May Help
Open enrollment is here. While many see the annual ritual of reviewing current health coverage and studying upcoming benefit changes as yet another chore, multiple research studies, backed up by behavioral theory, suggest something larger is at work. Your choices create a financial wellness generator capable of building long-term security for you and your family.
Effective today, November 1, 2017, healthcare open enrollment for 2018 has arrived! This year, open enrollment for the health insurance marketplace is a bit shorter than in previous years. The good news is, we are here to provide the crucial details you need to get healthcare coverage in 2018.
It’s the busy time of year for all benefits managers and HR experts – like tax season for accountants. As part of that, we wanted to review the goals and considerations of open enrollment and take a new approach to the classic employer problem – balancing increasing benefits costs with value.
Strategizing and selecting the benefits options for employees before open enrollment is a daunting process. Open enrollment strategy requires time, effort and more options every year. By default, this makes 2018 the most complex open enrollment period yet. There are layers of complexity, hype, providers and systems integrations to think about.
Open enrollment is right around the corner, or for many of us, it has already started. Open enrollment is a perfect time to review your health insurance considerations. Not just because it’s required, but because healthcare costs are a top expense for many US households. Finding the best health insurance plan for yourself or your family could save you money, time and finally grant you peace of mind for all your health expenses.
Here we are in mid-November, having just elected Donald J. Trump as president of the United States.
“Open Enrollment Decisions — A Consumer’s Dilemma (Or Is It?)”