Open enrollment (November 1st - December 15th) can be stressful because often you are looking at a series of very expensive options that do not meet all your needs. The good news is that some plans went down in price this year! We are looking forward to being of help and finding you the best plan for your needs at the lowest cost.
Individual Insurance
During open enrollment, you can apply for or switch your individual insurance plan. Individual health insurance covers you, and/or your family, and is not provided by your employer. Because your plan is not connected to your employment, you can switch or quit your job without it affecting your insurance. Although these plans are usually more costly than group insurance policies, there are ways to keep the rates lower. We work with a variety of different individual insurance carriers to offer you the most options, and ensure your rates are the lowest possible, while providing the proper coverage.
Group Insurance
Even though you can apply anytime for group health insurance, open enrollment season is a great time to apply or make changes to your policy. It is popular to start a group plan in January because it allows for the deductible year to match the policy year. Additionally, your company is not required to contribute to the premiums and only one employee needs to enroll to establish your group insurance when you start January 1st. Group health insurance offers coverage for as small as a one person group and allows for access to lower pricing with larger networks and better plan options.
Open enrollment season is the time of year when the individual market gives everyone the opportunity to go on, off, or make changes to their health insurance. With the holiday season quickly approaching, do not delay figuring out your health insurance for the upcoming year! Contact us for a free quote today.