Open enrollment is the period of time when the members of a group health plan can choose from the different benefits plans to enroll with. Normally, it’s the month of November, during which the enrollees opt for the benefits program to continue with in the next year.
Carefully read and understand the policy benefits and also compare the coverage as well as the price before selecting a plan. You may keep the following in mind while choosing the plan….
Check whether or not the plan includes your physician, therapist and hospital in your area.
Check the benefits offered by the plan. Clarifies if the plan covers the dependants, some plans may cover the spouses whereas others may not.
Review the plan for the pre-existing condition exclusion.
Check against the list of prescription drugs that the plan covers. If you’re currently under medication whether the plan covers those medicines.
Most importantly, if some part of the plan isn’t clear to you ask the agent for clarification.
Don’t continue with the existing plan without reviewing the policy. Many employees do that to save the time and hassle that are required in selecting a new plan. Often times the provider may alter the rate of co-pay and deductibles, which go unnoticed since the employee don’t review the plan. _________________ Register Now to have your Insurance queries solved.
