Open Enrollment
Open enrollment is a specific period during which employees can make changes to their benefits, such as health insurance, dental, vision, retirement plans, and other employee benefits. During this time, employees can enroll in, adjust, or opt out of certain benefit programs without requiring a qualifying life event, such as marriage, birth of a child, or a change in employment status. Open enrollment typically occurs once a year, and employees are encouraged to review their current benefits and make informed decisions about their coverage for the upcoming year. For health insurance, changes made during open enrollment are typically effective starting on January 1st of the new year.
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