Open enrollment is underway — here are 5 tips for maximizing your benefits during a public health crisisYou

Rick Ropelewski |

Open enrollment season is underway for most employees.

With millions of others suddenly out of work, employer-sponsored health insurance is a benefit that workers who still have jobs may not be so quick to take for granted this year.

About 157 million Americans rely on employer-sponsored coverage and yet, before 2020, most people spent very little time reviewing their workplace health-care plan during the open enrollment period.

Now, in the middle of a public health crisis, more people are working from home and juggling remote schooling for their children. They may be skipping elective medical procedures and relying on dependent care or may be finally ready to firm up a safety net in the case of a prolonged illness.

The pandemic has given us a reviewed focus on what’s important in our lives and what’s not important,” said Jean Chatzky, CEO and co-founder of HerMoneyMedia in New York.

“Don’t just select the plan that you had last year,” she cautioned. “It’s absolutely worth your time to get what you need in a cost-effective way.”

Typically, open enrollment runs through early December. Before the window closes for another 12 months, here are the most important things to look out for...

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The opinions voiced in this article are for general information only and are not intended to provide specific advice or recommendations for any individual.