When you change your health plan, make sure to engage in health plan monitoring so you learn what works and what doesn’t. That way, if need be, you can change for the following year. Why start in November instead of January? Because most health plans run January to January, your employees will sign up at the end of the year. Here’s a calendar of things to look for every month so you’re on top of your health care plans at all times:
November
Double- and triple-check to make sure every eligible employee signed up for the next year. If an employee hasn’t signed up or didn’t enroll their family, ask why. It could be that their partner’s plan is better for the kids, but it could also be that your plan is too expensive.
December
Provide information to every employee about their health care coverage for the coming year so there aren’t surprises in January.
To keep reading, click here: Engage in Monthly Health Plan Monitoring to Improve Engagement, Costs
Technically this sounds like a great idea having a means to review healthcare plan but I hope this is done with an actual person to contact regarding details not covered in brochures. Most of us don’t comphrend medical jagaron and need someone to explain in plain English. Especially when you need a certain kind of coverage plan ( reason for evaluating plan).
While I do all these things, its virtually impossible to review and pick plans in August. Insurance companies in our state are not required to provide rate renewals until October 15. So, they make the pre-planning very difficult…they don’t want to provide a lot of time for you to shop around. 4th quarter is a rush to make decisions, communicate to staff etc.