Today is the day everyone dreads–the day you have to start thinking about health insurance. Many of us think about health insurance regularly, but right now you really need to stop and think because it’s open enrollment time. (In the spirit of full disclosure, I also write for Anthem and United Concordia Insurance Companies. They have no idea I’m writing this article and did not influence me in any way.)
Why Does Open Enrollment Matter?
You can buy a car any day of the year. You can sell your house in June or December. However, you only buy health insurance once a year (with a few exceptions, see below). The time for 2017 is from November 1, 2016, to January 31, 2017. If your employer provides your health insurance, your open enrollment period can vary, but it’s most likely during this period.
To keep reading, click here: Forget Halloween, November 1 is the Scariest Day of the Year
I am one of the lucky few (well, I suppose few thousand since I have to include others in my company). My monthly health insurance premiums are being cut in half and the great benefit levels are staying the same. I wish everyone could be experiencing this.