The coming months are special for many reasons. With the arrival of winter has some of the most celebrated holiday of the year and a chance to start fresh in a new year. Because it is also the annual open enrollment period, over the coming months hold a different kind of importance for many people, which can affect their health, their family and finances. open enrollment may not seem as fun as the other times in the winter, but it can be equally important.
Last week, we wrote an article featured on DentistryIQ describing what open enrollment is and why it is important to dentists and all small business owners.
Highlights of the recent Zane Benefits blog function.
Article Highlights - Open Enrollment and why is it important for your practice
The article explains that the open enrollment is, why it is important for you, and what steps you can take during this time.
1. What open enrollment?
Open enrollment is an annual event where everyone can purchase individual health insurance. This year, the open enrollment period started on November 1st, and it will end on January 31, 2016.
2. Why is it important to me?
Those who fail to purchase insurance during this crucial period may be forced to wait until next year. In addition, the Affordable Care Act created an individual mandate which requires all Americans to purchase health insurance. Sometimes called "shared responsibility fee" This mandate requires those who do not carry insurance to pay a fine.
3. What should I do?
For companies not currently offer a group health insurance policy, open enrollment is the best time for companies to start a rebate program the bounty. These programs, through which employers reimburse employees bonuses instead of paying them, are most effective when launched at registration open because all employees can take out individual insurance during this period.
about DentistryIQ
DentistryIQ offers dental professionals worldwide with a comprehensive collection of information about what happens in the dental industry. The function of DentistryIQ entitled " Wise-up Friday: Registration open and why it is important for your practice " details why open enrollment is essential for owners small businesses and their employees.
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