Open enrollment is in full swing, so you may be getting ready to select or change your health benefits for 2019. The process can feel overwhelming at times, but it doesn’t have to be. This important decision can be made easier with the right preparation.
To help you have a successful open enrollment, avoid making these three common mistakes:
1) Checking the Box
In a recent UnitedHealthcare survey, 42 percent of respondents said they devote less than one hour of time researching health benefits during open enrollment. By not taking the necessary time, you run the risk that your selection will not meet your unique health and budget needs. Has last year’s plan or your health situation changed? Invest the time to review and understand your options, so you can choose the appropriate coverage for you and your family.
2) Misunderstanding Costs
During open enrollment, some people only look at the cost of premiums and don’t take into consideration the deductibles, copays, coinsurance and out-of-pocket maximums. These are all important factors that will determine your overall health care costs in 2019.
3) Forgetting to Confirm Your Doctor and Medications Are Covered
Don’t assume your doctor and/or prescription medications are covered in your new plan. About one-third of respondents in the same UnitedHealthcare survey said they don’t research whether or not their doctors are in-network for the health plan they intend to select.
Even if you don’t expect to change plans, it’s important to confirm your preferred doctors and hospitals are available through the plan you’re considering. Visiting doctors that are out-of-network will most likely result in significantly higher costs. Drug costs also may change from year to year.
For more helpful articles and videos about open enrollment, visit UHCOpenEnrollment.com.