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May 1, 2017
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December 4, 2019
2017 Open Enrollment Deadlines are Nearing for Individuals and Small Businesses
December 12, 2017
This year's open enrollment for individual health insurance coverage on January 31, 2017.
December 15, 2016 - Last day to enroll in or change plans for coverage to start January 1, 2017.
January 1, 2017 - 2017 coverage starts for those who enroll or change plans by December 15.
January 31, 2017 - Last day to enroll in or change a 2017 health plan. After this date, you can enroll or change plans only if you qualify for a Special Enrollment Period.
How Does Open Enrollment Affect My Small Business Employee Benefits?
As a small business owner, you may be signing up for your own health insurance, but remember your employees may be doing the same thing.
While you may not offer insurance as part of your employee benefits package, you can still help your workers by doing any of the following things:
Keep your employees apprised of information you get about ACA open enrollment.
Have a licensed broker or adviser come into your office and discuss insurance options with employees one-on-one. RCB & Associates is happy to help, 616-233-9050.
Help employees with the cost of their insurance premiums. By setting up a Small Business Health Reimbursement Arrangement (HRA) you give employees a tax-free allowance for health insurance premiums.
One Last Mention
As more and more small businesses are turning to individual health insurance coverage and adopting health-care reimbursement plans, more and more employees are turning to their employers for help understanding individual health insurance coverage.
Remember to enroll by December 15, 2016, for coverage to begin on January 1, 2017.