- October 1, 2018
- Posted by: Harrine Freeman
- Category: Health
If you have health insurance through your employer, you will participate in Open Enrollment, which starts every October 1st. Employers allow employees to make changes to their health insurance coverage during this time. During this time you can also see any changes that have been made to your health insurance plan since the last enrollment period.
For those currently employed, you can make changes during your employers Open Enrollment period for prescription drugs, vision, dental and health coverage, term life insurance, long-term care insurance or accidental death insurance. However, changes vary by employer and medical plan.
Pick the options you know you will use. Skip the options you do not need. Follow these 5 great tips to ensure the open enrollment process is painless.
VERIFY INFORMATION
Verify all of your information is accurate. If you have benefits that cannot be paid in the current year, ask your health plan provider if you can pay for the services using a Flexible Spending Account.
CONSIDER ALTERATE
Sign up for a Health Savings Account or Flexible Spending Account to save money on out-of-pocket medical expenses.
ENROLL EARLY
Enroll early to allow enough time to fix errors and make any necessary updates.
VERIFY COVERAGE
Verify your medical providers will continue to accept your medical plan.
SUPPLEMENT
Sign up for AFLAC, disability and/or long-term healthcare insurance if you have high medical costs.