Open enrollment is a period of time when you can sign up for medical and dental insurance with fewer restrictions than any other times of the year. If you already have insurance, you may change the plan you have to take advantage of better coverage. This is a great time to find out what other options are available to you!
If you are given the choice of HMO or PPO, please note that although HMOs promise more coverage the restrictions are substantial. They typically send you to an assigned provider and the coverage is only for the procedures they list. PPO on the other hand will give you the choice of keeping your dentist and they cover a lot more procedures than an HMO would.
In addition to changing coverage, you can also add coverage for your family members. This will lead into having double coverage. The secondary insurance would take care of the patient portion from the primary insurance plan. Not many people are aware of this so take advantage of it if you can.
If you don’t sign up for insurance during open enrollment, in most cases, you probably won’t be allowed to sign up or make changes until the next open enrollment period.
Open enrollment is typically from November 15 through February 15. Check with your Human Resources department for your specific Open Enrollment.
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For more tips on different types of coverage, see our previous blog: HMO or PPO insurance?
Happy enrollment! If you have any questions or need assistance please feel free to contact us. firstname.lastname@example.org