How much life insurance is right for them.įor the many employers in the midst of open enrollment planning, SHRM has compiled How much life insurance is enough? This guide will help get employees on the right track when determining.Here is a quick guide on how to help employees understand the costs and benefits. More companies are making high-deductible health plans an option (or, increasingly, the sole choice) for employer-sponsored health coverage. How to explain high-deductible plans to employees.These 10 questions for employees choosing next year's health plans are a great way to encourage employees toĬonsider health and relationship changes before making their open enrollment selections.You can alsoĭownload a PDF version to print and share with employees. Need help defining health benefit terms to employees? Check out and share the.Most employers have an open enrollment period of at least two to four weeks. Open enrollment is not required to be a certain length of time. How long does open enrollment have to be? 1, open enrollment often takes place in November. For calendar-year benefit plans starting Jan. Most companies schedule open enrollment to end a few weeks before enrollment forms must be submitted to benefit providers. When do most companies have open enrollment? Some benefits are fully paid by the employer, some are employee-paid through salary deferral or a section 125 cafeteria plan, and for some the cost is shared. In the U.S., open enrollment season is a period of time when employees may elect or change the benefit options available through their employer, such as health, dental and life insurance, and ancillary or voluntary benefits ranging from legal services to pet insurance. Our news articles offer lots of tips on educating employees and helping them make great choices.
Take a look at our primer below for ways to start the conversation, and at our glossary of common (and commonly misunderstood) terms. How can HR professionals best communicate with employees about their choices, when many workers are unfamiliar with the language and concepts of benefits offerings? What's the best way to help employees through open enrollment season? Companies are preparing to kick off open enrollment for their employees to choose their workplace benefits.
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