Preparing for Open Enrollment
Our Impact

by Katie Mercurio, Account Manager

July 21, 2022

Open enrollment season has always been one of the busiest times of the year for HR professionals. We are finding that many HR leaders are already getting questions from their employees about what’s changing in 2023, specific requests for new benefits, and where to find information about current plans.  Since the pandemic, employees are increasingly more concerned about their physical and mental health, financial security, and work-life balance. Below are a few things to consider during this time of year as you plan for open enrollment season:

  • Get organized early – There’s no such thing as starting too early. Create goals and deadlines and stick to them. Are you considering an RFP to evaluate the market or wanting to make a change?  Adding or tweaking a few benefit options could help retain top performers. Many of our clients are saving money by switching to a self-funded plan – including smaller companies.
  • Reflect on the Prior Year – What worked well and what did you learn? How can you leverage technology and engagement tools to make open enrollment a success for your employees? Streamlining the process and having easy access to benefit information helps keep employees engaged and more motivated to understand what they are enrolling in. 
  • Maintain Clear Communication and Educate – Employee benefit offerings can be powerful retention tools, but only if employees see value in these offerings. While we live and talk benefits every day, most employees just want the basics. Preparing benefit guides, summarized cost sheets, and quick access links to carrier sites can help in fielding questions that come up during open enrollment.

Let us know if you want to visit about changes you’d like to make this upcoming season!

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