Open enrollment is a critical time for employers and employees alike. You’ve developed a benefits plan that will meet the diverse needs of your workforce. Now, your employees will get the opportunity to make their selections and enroll in your carefully curated offerings.
Facilitating an effective open enrollment and ensuring strong employee participation in your benefits plan requires a strategic approach. That’s why we’ve developed The Employer’s Open Enrollment Handbook. Throughout this guide, you’ll discover tips, best practices and resources to help your organization prepare for and execute a successful open enrollment season.
What are the key steps to prepare for benefits open enrollment?
When it comes to facilitating a successful open enrollment, preparation is key. As your organization gears up for this crucial season, it’s important to leverage data analytics, optimize your enrollment technology and create a communications strategy that will arm your employees with the right information at the right time.
How can your organization execute a seamless open enrollment?
After diving into the data, refining your technology and crafting your communications strategy, it’s time to execute your employee benefits open enrollment. During open enrollment, it’s imperative to properly administer all the health plan notices required under the DOL, ACA, ERISA, COBRA and HIPAA. Failure to comply with these directives can lead to costly penalties and administrative burdens. It’s crucial to maintain open communication with your employees so they know you’re available to address any questions — no matter how simple or complex.
If you’ve conducted open enrollment online, the risk of enrollment forms containing missing or incorrect information is minimized. However, it is still wise to review prior to submission. This is also an ideal opportunity to ensure your plan complies with health care reform requirements. Once you’ve verified all enrollment forms are accurate and your plan is in compliance, you can confidently submit to your carrier.
What’s Inside the Open Enrollment Handbook?
Inside the Employee Benefits Open Enrollment Guide, you’ll discover:
- Key action items to effectively prepare for open enrollmentÂ
- Tips and tricks to ensure a seamless execution of this crucial processÂ
- Downloadable resources related to data analytics, employee communication and complianceÂ
- And moreÂ
Ready to set your organization up for a successful open enrollment? Download your copy of The Employer’s Open Enrollment Handbook today.