7 Things Employers Need to Know About ACA Open Enrollment 2019

Open enrollment for small businesses deals with the insurance that you sponsor for your employees. It’s a period (Nov 1 to Dec 15) where they can change or elect their policies and the coverage that covers their dependence. For small businesses, open enrollment is critical because it helps them to put together their budgets and incentivize prospects and existing employees with health care. Marcie O’Dwyer, VP of Strategic Relationships at SyncStream Solutions, filled us in on what small business needs to know. She told us recently via email how this particular open enrollment period serves several purposes. “Open enrollment gives small businesses the opportunity to showcase the health plans they’re offering to valued employees and their families,” she writes.  “It can also be relevant as an educational opportunity to discuss employee wellness from a holistic approach. Lastly, open enrollment allows newly qualified employees to enroll in the company’s health plan and insured employees to make changes to plan elections.”