Prepare for Annual Open Enrollment

Here are some best practices to prepare for a successful annual Open Enrollment (OE) in Maxwell. We’ll review two major steps in this article.

  1. Provide your Advisor with OE details
  2. Prepare your employees for an annual OE in Maxwell

Let's jump right in!

Provide your Advisor with OE details

Well before the plan effective dates, your Advisor will talk with you about what Open Enrollment (OE) looks like for your company this year. This will include:

  • The benefits package your company is offering this year
  • Whether your OE is passive, active, or a mix of both
  • When your OE period will be (the period of time your employees can enroll in their benefits)
TIP: You’ll have a chance to change your OE period later, but you’ll want to make sure you have a conversation about what you’re planning well in advance. When you work with your Advisor to plan your OE period, make sure you think about the time required after an OE ends to submit the information to the carrier, who probably has a deadline. As a best practice, you’ll want to give yourself at least a few days to do this.

Your Advisor will provide Maxwell with all the necessary details and plan documents.

Prepare your employees for an annual OE in Maxwell

A few weeks before your OE begins, you’ll want to start creating awareness with your employees. This is a good time to tell them details about what you’ll be offering, and any changes from last year, so they can ask you any questions and consult with their family members before the OE period even begins.

Now’s also a good time to introduce or re-familiarize your employees with Maxwell. 

We have some great resources for employees, including:

 

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