Even If Open Enrollment Hasn’t Started Yet, You Should Still Start Planning

If you will be getting insurance coverage through your employer, chances are that open enrollment for next year is right around the corner.

Our time to enroll changes from year to year as the HR department negotiates and finalizes the rates for the upcoming year.  What has tended to happen is that the bigger the increase for employees, the later they will announce open enrollment.

So, let’s hope our announcement comes soon!

Even if your employer hasn’t rolled out the details, you can still get started on your planning for next year.  Here’s how.

You can look at how you did in 2012 and get an idea as to whether you picked the right plan.  This can help lead what plan to choose for 2013.

Read moreEven If Open Enrollment Hasn’t Started Yet, You Should Still Start Planning

2013 Insurance Selections Are Right Around The Corner

It won’t be long before employers start rolling out their options for 2013 insurance selections.  This always seems to go very well with Halloween as most of the past few years have been, well, simply frightening.

Last year wasn’t bad.  In fact, my employer didn’t raise anything at all, agreeing to keep all costs the same.  Before we laud their generosity, keep in mind that they essentially doubled the out of pocket costs on premiums, co-pays, and pretty much everything the year prior.  This was met with uproar across the company where the CEO had to have town halls to try to quell the storm.  So, after increasing costs 100%, a 0% cost increase was nice, but it still stung.

We reduced our costs a little more last year by switching to a slightly less costly plan.  This did offer less coverage, but this was fine as we weren’t expecting any major medical costs, which we did have in 2011 with the birth of our daughter.

Read more2013 Insurance Selections Are Right Around The Corner