Open enrollment is upon us, and we understand this can be a confusing time of year. This is the period where Americans have to choose their coverage for 2020. With an overwhelming amount of carriers and plan options, let our agents at UIA help you. But first, here’s a few FAQ’s about open enrollment:
1. What is open enrollment?
Think of open enrollment as an annual checkup for your health insurance plan. This is the one time of the year where the marketplace is open, allowing you to enroll, re-enroll, or change your plan for 2020. With such a small time frame and so many different options, confidently choosing the right coverage can seem overwhelming. It’s important to review your current plan and determine if it’s meeting your needs.
2. When is open enrollment?
Open enrollment begins November 1st, 2019 and ends December 15th, 2019. Make sure to mark your calendar because you only get 45 days to enroll.
3. How to prepare?
Start by asking yourself if your current plan is meeting your needs while staying within budget. It’s important to review things like your premium, deductible, copays, out-of-pocket fees, and your provider network. Next, talk to your agent about your satisfaction with your current plan and goals for 2020, so together you can determine what the best fit is. Even if you’re happy with your current plan, there’s a possibility the plan may work differently than it has in the previous year.
Being prepared for a conversation with your agent will help smooth the enrollment process. We recommend bringing the following information to your agent:
· Social security number(s) for you and whomever will be on your plan
· Projected 2020 income
· Tax information
· Dependent information (name, age, etc.)
· Your medical needs for the year (Will you need a surgery? Are you preparing for kids?)
· Preferred providers
4. How does an insurance agent help?
An insurance agent is a great resource to use when purchasing health insurance. They are experts in the industry and are able to answer any questions you may have. When you work with UIA, we will begin by gathering your information and learning about your health goals. If you’re a current client, we help determine if you have any changes pertaining to income, addresses, dependents, etc. We will then prepare quotes for you and discuss which plan makes the most sense for you. From there, your agent will enroll you in the marketplace.
Remember, it’s free to work with us! Health insurance agents get paid by the insurance companies, so it’s no cost to take advantage of our advice.
5. Need an insurance agent?
We’d love to help! It’s not too early to contact us to start the enrollment process! Call our office at (920) 215-4995 or submit the Get a Quote worksheet on our website.
Comments