Monday, October 20, 2008

Advice on Open Enrollment

Where I am, Autumn is in full swing. Halloween decorations are everywhere, leaves are changing color, and the open enrollment period for health-care coverage has arrived for a lot of workers.

Balancing what you pay for health care with getting the best coverage for you and your family can be both tricky and headache-inducing, so I found the following article (originally from Money magazine and reproduced on CNN's site) really helpful and informative. I wanted to pass it on.

Open enrollment: So many choices

Here's an excerpt:

Start by deciding if the high-deductible plan with an HSA is right for you. This may be the first time you've seen such a plan. At first glance, it will stick out the most with its comparatively low premiums - for 2008, employees paid an average of $2,330 for family coverage vs. $3,340 to $3,730 for the other plan types, reports the Kaiser Family Foundation.

Hope you all get something out of it. If you find any similarly useful articles, email them to me (you can use the green graphic on the right-hand-side of the screen to do so) and I'll pass them on through the blog.

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