It’s that time of year again and health insurance is top of mind for many small business owners. We understand it is a time-consuming task, with new laws, regulations, and options you need to prep for, but it doesn’t have to be. That’s why we found this great article that simplifies and explains all of the important points you need to know and how best to prepare for enrollment. We want you to be prepared for 2017 so you can take advantage of the best plans that work for you and your employees.
Open Enrollment for 2017 health insurance begins November 1, 2016, and runs through January 31, 2017. However, in order to have your health plan begin on January 1, 2017, you must enroll by December 15, 2016.
While it may seem like you have plenty of time to sort out health insurance plans for yourself and your employees, don’t put it off. The landscape is changing daily, with carriers continuing to pull out of the exchange marketplace, rates increasing, and fewer doctors and hospitals participating. This year in particular, it’s crucial to be prepared.
It’s also important to know that you have options outside of the Open Enrollment period, some that started on October 1. We’ll delve into that below. Continue Reading