Financial Focus: Getting the Most Out of Open Enrollment

Every autumn, Maya receives an email about open enrollment. Year after year, she tends to click “renew” and move on without taking a closer look.

Open enrollment is the period when employees select their health coverage and other workplace benefits for the year ahead. Most employers offer it in the fall. After the enrollment window ends, changes are usually allowed only after a major life event such as marriage, divorce, or the birth of a child.