Open enrollment may be over once you submit your elections, but your coverage doesn’t start immediately. Between the day you submit your elections and the day you can use them, a lot happens behind the scenes that employees don’t see. Dependents may need to be...
Offering more medical plans can seem like a way to increase employee choice. In practice, many employers now offer five or more options, and that creates complexity instead of clarity. As employers evaluate their benefits portfolios, many are looking for ways to improve employee decision-making...
Open enrollment is a critical time for employees. It’s when employees make important decisions about their health care, retirement and other benefits that will affect them for the rest of the year. However, confusion about benefits is a wide- spread issue among employees of all...
An organization’s post-open enrollment activities can be just as important as the tasks that must be completed leading up to and during open enrollment. After wrapping up open enrollment, there are many benefits-related responsibilities employers must address before the start of the new year, and...
HIGHLIGHTS Applicable Laws Wellness programs that provide medical care must comply with: ERISA COBRA HIPAA privacy and security rules Examples of Medical Care Biometric screenings Immunizations Physical examinations Counseling services Links and Resources Department of Labor (DOL) website on ERISA health plans and benefits An Employer’s Guide to Group Health...
Introduction You should always elect benefits during open enrollment to ensure you get the coverage you need. However, once you make your elections through a cafeteria or Section 125 plan, you are unable to change your elections until the plan year ends. But sometimes qualified life...