Open Enrollment is a time of year reserved just for you! It’s your opportunity to ensure you have the best possible benefits coverage for you and your family. During Open Enrollment you can:
The timeframe varies by employer, so ask your HR representative or benefits administrator when Open Enrollment is scheduled.
This is your one chance each year to:
Take time to educate yourself and evaluate all of your benefits options. Look at your current benefit elections and ask yourself:
Consumer-Directed Benefits, such as Health Savings Accounts (HSAs), Healthcare Flexible Spending Accounts (FSAs),Dependent Care FSAs and Commuter Benefits, provide a tax break and an easy way to manage every day, eligible expenses.
Look at last year’s expenses as a starting point, then think about your 2017 expenses:
The answers to these questions should help guide your decision-making.
Open Enrollment takes place over an extended time period for a reason: Evaluating and weighing your options takes time. Don’t rush the process. Skimming information or simply choosing to re-enroll in the benefits can cost you money. You may be losing out on new and better plans and valuable savings.
Keep an eye out for emails and mailed flyers with details on benefits plans and Open Enrollment deadlines. Note the dates in your calendar and RSVP for your meetings, if needed. If your employer offers webinars, lunch and learns or other enrollment events, plan to participate.