{"id":1755,"date":"2021-10-13T22:24:34","date_gmt":"2021-10-13T22:24:34","guid":{"rendered":"https:\/\/www.simplyinsured.com\/advice\/?p=1755"},"modified":"2021-11-10T22:44:49","modified_gmt":"2021-11-10T22:44:49","slug":"important-coverage-questions-for-your-employees","status":"publish","type":"post","link":"https:\/\/www.simplyinsured.com\/advice\/2021\/10\/13\/important-coverage-questions-for-your-employees","title":{"rendered":"Important Coverage Questions For Your Employees"},"content":{"rendered":"\n<p>Open Enrollment is a great opportunity to <a href=\"https:\/\/www.simplyinsured.com\/advice\/2021\/09\/15\/the-small-business-guide-to-open-enrollment-2021\" target=\"_blank\" rel=\"noreferrer noopener\">review<\/a> your small business health insurance. While you can always enroll in a small business health insurance plan at any point throughout the year, this is the perfect time to ensure your health insurance plan is meeting your needs. We&#8217;ll dig into important coverage questions to ask your employees<\/p>\n\n\n\n<h2 id=\"h-when-is-open-enrollment\">When is Open Enrollment?<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.simplyinsured.com\/advice\/2021\/09\/29\/timeline-for-open-enrollment-this-year-2022\" target=\"_blank\" rel=\"noreferrer noopener\">Open Enrollment<\/a> generally runs from <strong>November 1st to December 15th<\/strong>, although certain states extend the timeline. Following Open Enrollment, health insurance coverage often begins on January 1st and runs through December 31st.<\/p>\n\n\n\n<h2>Why Look at Options Now?<\/h2>\n\n\n\n<p>Small businesses are <a href=\"https:\/\/www.simplyinsured.com\/advice\/small-business-health-insurance-101\" target=\"_blank\" rel=\"noreferrer noopener\">not required to enroll<\/a> in their health insurance benefits during Open Enrollment. However, this is a useful time to <a href=\"https:\/\/www.simplyinsured.com\/advice\/2021\/09\/15\/the-small-business-guide-to-open-enrollment-2021\" target=\"_blank\" rel=\"noreferrer noopener\">reevaluate<\/a> and ensure you are meeting the <a href=\"https:\/\/www.simplyinsured.com\/advice\/2019\/05\/29\/should-i-provide-health-insurance\" target=\"_blank\" rel=\"noreferrer noopener\">needs<\/a> of the employees, as well as those of the business.<\/p>\n\n\n\n<p>Here are a couple of important financial considerations to think through for small businesses during Open Enrollment:<\/p>\n\n\n\n<ul><li><strong>Cost<\/strong> &#8211; We recommend looking at all of the plans available in order to make an educated decision for your <a href=\"https:\/\/www.simplyinsured.com\/advice\/2019\/06\/01\/how-to-offer-google-health-benefits-on-a-small-business-budget\" target=\"_blank\" rel=\"noreferrer noopener\">budget<\/a>. How much are you willing to pay in monthly premiums? For your employees, a small business health insurance plan will likely be more affordable than an individual health insurance plan.<\/li><\/ul>\n\n\n\n<ul><li><strong><a href=\"https:\/\/www.healthcare.gov\/glossary\/qualifying-life-event\/\" target=\"_blank\" rel=\"noreferrer noopener\">Life Events<\/a><\/strong> &#8211; Have you added new employees over the past year? Lost a few employees? Do you have employees who recently had a child, were married, or divorced? Life events are transitions in personal situations and are often a catalyst to evaluate health insurance options. This is something to keep in mind as you search for a small business health insurance plan.<\/li><\/ul>\n\n\n\n<h2>Coverage Questions to Ask Employees<\/h2>\n\n\n\n<p>Employees often have questions about their health benefits, and what they should do during Open Enrollment. Here are a few key factors for small business <a href=\"https:\/\/www.simplyinsured.com\/advice\/2021\/08\/17\/how-to-choose-heath-insurance-for-law-firms\" target=\"_blank\" rel=\"noreferrer noopener\">owners<\/a> and employees to consider when evaluating their small business health insurance plan.<\/p>\n\n\n\n<ul><li><strong>Dependents<\/strong> &#8211; Will employees be adding or removing any dependents from their health plan? Will the employer contribute toward health benefits for dependents?<\/li><\/ul>\n\n\n\n<ul><li><strong>Coverage<\/strong> &#8211; Can you find a plan with similar coverage for a lower cost? Is there a need for a dental plan or vision coverage?&nbsp; Are there a variety of employee needs where a plan package with <a href=\"https:\/\/www.simplyinsured.com\/advice\/2017\/11\/13\/plan-bundles-case-study\" target=\"_blank\" rel=\"noreferrer noopener\">different tiers<\/a> makes more sense? Is there a need for expanded coverage?<\/li><\/ul>\n\n\n\n<ul><li><strong>Location<\/strong> &#8211; Is the business in one state, or do employees live across multiple states? Do employees travel often?<\/li><\/ul>\n\n\n\n<ul><li><strong>Other Areas to <a href=\"https:\/\/www.simplyinsured.com\/advice\/2016\/11\/18\/how-to-choose-health-insurance-startup-edition\" target=\"_blank\" rel=\"noreferrer noopener\">Consider<\/a><\/strong> &#8211; Does an employee have a condition that requires a certain doctor network? Do you want to find a plan that has great mental health benefits? Is there a need for certain specialists (e.g., chiropractor, acupuncturist)?<\/li><\/ul>\n\n\n\n<h2>Closing Thoughts<\/h2>\n\n\n\n<p>Every small business will have different needs and budgets. We always recommend <a href=\"https:\/\/www.simplyinsured.com\/advice\/2017\/06\/16\/health-insurance-101\" target=\"_blank\" rel=\"noreferrer noopener\">exploring<\/a> all of your options when you look into your small business health insurance coverage. <a href=\"https:\/\/www.simplyinsured.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Get your quote<\/a> with us today in just a few simple clicks, or set up a <a href=\"https:\/\/calendly.com\/simplyinsured-consultation\/schedule-a-consultation-email\" target=\"_blank\" rel=\"noreferrer noopener\">free consultation<\/a> with one of our licensed representatives to talk through any of your questions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Open Enrollment is a great opportunity to review your small business health insurance. While you can always enroll in a small business health insurance plan at any point throughout the year, this is the perfect time to ensure your health insurance plan is meeting your needs. We&#8217;ll dig into important coverage questions to ask your&#8230;<\/p>\n","protected":false},"author":2,"featured_media":1788,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false},"categories":[4,2],"tags":[22,16,18,23,17,15],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.7 (Yoast SEO v19.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Important Coverage Questions For Your Employees - Advice Blog<\/title>\n<meta name=\"description\" content=\"Open Enrollment is the time when most businesses evaluate their health insurance - we discuss important coverage questions to think through.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.simplyinsured.com\/advice\/2021\/10\/13\/important-coverage-questions-for-your-employees\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Important Coverage Questions For Your Employees\" \/>\n<meta property=\"og:description\" content=\"Open Enrollment is the time when most businesses evaluate their health insurance - 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