Terms you need to know for 2025 open enrollment
Open enrollment season is just around the corner. For most, this is the only time of year when you have a chance to make changes to your employee benefits package, including your health insurance. (The exception is if you experience a qualifying event, including but not limited to marriage, divorce, having a baby, etc.). To ensure you’re maximizing your benefits, it’s important to understand the different terms and acronyms you are likely to encounter as you review your health insurance options. Here is an overview of some of the most common enrollment terms. Premiums. Any form of ...