How To Choose A Health Insurance Plan During Open Enrollment

Studies have shown that a large percentage of employees often automatically choose low-deductible health insurance plan options that ultimately cost them more. Another study found that inertia — sticking with the same plan, rather than evaluating the options each year and choosing a better one — cost workers an average of $2,032 or more annually. As the annual open enrollment period for employer-provided health insurance plans approaches, millions of Americans will face this crucial decision. Let’s explore some of the key areas to incorporate into your decision making so that you make the most informed choice based on your expected needs:

Premiums: