Human Resources

Top 7 Tips for Choosing the Right Plan for Open Enrollment 2022

The leaves are falling, and the seasons are changing, and so is your Open Enrollment process. Whether your business has been planning for or not, Enrollme is here to help you make the most informed decision. It is important to be aware of all insurance options with the optimal enrollment strategy for your business. Here are seven tips for your employees when choosing a healthcare plan.  

 

 

#1. When You Need to Enroll by | 2022 Deadlines by State  

 

The general open enrollment timeline for medical coverage begins November 1, 2021 and ends January 15, 2022. However, for the coverage dates that start on January 1, 2022, you will need to enroll by December 15, 2021. Due to the country's circumstances in the past few years, some states have graciously extended their open enrollment periods. Keep in mind that not all states are applying this rule. Below is a map of States and their Open Enrollment dates.   

 

Note: You must experience a qualifying life event outside the Open Enrollment periods to be eligible for special enrollment rights.   

 

 

#2. Know Your Projected Yearly Cost   

Your instinct might be to focus on the monthly premium payment when evaluating and choosing a plan. But you need to put the entire picture into perspective. Besides your monthly payments, you need to evaluate your deductibles, copayments, and Rx needs. 

 

 

 

#3. Be Cautious of Too Good to Be True Benefit Plans | Know the Difference Between Long-Term and Short-Term plans  

 

Short-term insurance is a temporary solution with limitations. The states do not regulate short-term policies, so they do not have to comply with the consumer protections laid out in the Affordable Care Act. This means that insurance companies can refuse to offer these policies to people with pre-existing health problems or charge people more who are likely to need maintenance medications and health care. These short-term plans also may not cover prenatal care and mental health treatment. Short-term insurance can be beneficial for some individuals but may not meet all health insurance needs. 

 

Note: Also, avoid plans that advertise $0 deductible. They can have hidden costs such as a $1000 charge for hospitalization.   

 

 

#4. Look into Dental and Vision  

 

While most people recognize that medical coverage is necessary, unfortunately, vision and dental plans tend to appear optional, and this is far from true. Oral health has a significant impact on overall health, medical costs, and quality of life. This is also true with our vision health because healthy eyes keep us safe every day. Another reason to consider dental and vision is if you are covering family members and children.   

       

Unlike health insurance, vision and dental coverage are not required under the ACA (Affordable Care Act). Even though you may not be legally bound to them, it is important to note why having them can benefit your health needs.  

 

Thanks to the versatility of our innovative technology, Enrollme has the option of offering your employees medical, dental, and vision. Our mission is to provide your team with all the tools and benefits to keep your employees healthy and happy. 

 

For the next 3 tips visit SureCo for the extended article.  

 

 

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