It’s Open Enrollment Time! Don’t miss out.
Open enrollment is a period of time, occurring once per year, when employees of companies and organizations may make changes to their elected fringe benefit options, such as health insurance. Because of the tax advantage of pre-tax deductions, the IRS limits when you can make changes to your benefit elections. Generally, you can only make changes during open enrollment, unless you have a qualifying event/life status.
HR Strategies is pleased to offer several options for the Open Enrollment process this year, including On-Site Enrollment, Electronic Enrollment, or Paper Enrollment. HR Strategies’ open enrollment process will continue to include Open Enrollment Dependent Eligibility Verification. HR Strategies requires employee’s to provide proof of dependent eligibility for all additions to coverage during Open Enrollment, in order to comply with plan eligibility requirements. Documentation of proof of eligibility can be a copy of a birth certificate, a marriage certificate, an employee’s tax return, or adoption papers.
Containing benefit costs while continuing to offer excellent benefits and coverage levels for our clients is always a main priority for HR Strategies.
If you are a client with questions regarding Open Enrollment, or if you are a business looking for a way to provide your employees with a comprehensive employee benefits plan, at a reasonable cost, while relieving you of the burden of administration of the benefits, our Benefits Department is happy to answer any questions you may have. Contact Us today at 770-339-0000.