Open Enrollment time is here!
Did you get a notification from your HR department that it’s open enrollment time? Or are you insuring yourself and you heard that the Open Enrollment Period for HealthCare.gov insurance plans are from November 1 to January 15. Or maybe you had a life event like getting married, having a baby or adopting, loss of employment or getting a new job. If so, the information you will be receiving is a lot and many people find it confusing. The decision you make now can affect your health insurance coverage for the next year and can affect your finances for years. We are going to walk through some of the common terminology that you should be familiar with as you sign up for health insurance, discuss how these decisions can affect you financially, and offer some ideas to consider when you decide to choose the best plan for you and your family. Understanding the Language of Health Insurance Before you can make a confident decision, it helps to speak the same language as your insurance prov...