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We are officially in the thick of the 2022 open enrollment period (OEP) season! With so many OEPs occurring during the 4th quarter, the health insurance industry has become much more seasonal over recent years, and it is expected to be a very busy time in the industry.
October 15th marked the start of the OEP season for Medicare, and November 1st marked the start of the OEP season in the individual market.
Below, we’ve summarized all the key dates and information you need to take note of.
Businesses can buy small-group plans at any time of the year, directly from an insurance company, via a broker or private exchange. In most states, insurers can impose participation requirements as well as employer contribution requirements. But there’s a one-month window each year, from November 15 to December 15, when small group coverage is guaranteed-issue even to small groups that don’t meet the normal participation or contribution requirements.
As you look forward to next year and start thinking about your health coverage, we’d like to make your life just a little bit less complicated.
We can guide you through the enrollment process, and compare health insurance plans to find one that’s the best value and right for your needs.
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IXSolutions brings over 30 years of combined experience to the market as Employee Benefits Consultants. We’ve been bringing creative solutions and alternatives to the market since the inception of the Affordable Care Act.
Today, we work with companies, individuals, and Medicare eligible individuals to provide solutions to the complex insurance industry. We are a trusted partner to thousands of clients, brokers, and associations across the country.
