Open Enrollment – Are You Prepared?

September 23rd marked the first official day of Autumn. Open enrollment for many individuals typically accompanies the welcomed arrival of the fall season. Also known as “annual enrollment”, open enrollment is a period of time when individuals may make additions, changes or deletions to their elected employee benefits, individual health insurance, or Medicare coverage. Whether you are working and need to update your benefits package at work, are retired and eligible for Medicare benefits, or are under age 65 and not covered by a group health insurance policy, you should consider your options before the designated open enrollment period begins. Employee Benefits Know when open enrollment begins and ends for your company. Typically, open enrollment for employee benefits begins in the fall of each year, but the timing will vary slightly from company to company. The specific time period and details for your employer’s plan(s) will be communicated by your HR department, so remember to open and read all communications you receive regarding your group plans. We’ve seen a number of companies institute changes to spousal benefits and health insurance plans Read on! →