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What Are the Deadlines for Open Enrollment 2023?

What Are the Deadlines for Open Enrollment 2023?

by | Sep 21, 2022 | Blog

What are the deadlines for open enrollment 2023? Help your employees understand their options during this critical period. Here are all the dates and deadlines to know. 

The open enrollment period comes around every fall as a time for many Americans to opt into an insurance plan for the upcoming year. 

Open enrollment 2023 is a critical time for your employees to review their existing insurance coverage and make decisions that will affect their family throughout the following year. For important information relating to enrollment periods and qualifications for special enrollment, read below.

When is open enrollment 2023?

In the majority of states, the open enrollment period for health coverage that begins on January 1, 2023, is November 1, 2022 to January 15, 2023. In order to guarantee coverage that begins on January 1, 2023, employees must enroll by December 15, 2022. 

However, many states have different time periods for when people are allowed to enroll so it is essential to keep up with your state’s rules and regulations.

These are states that have different dates than those listed above:

  • California: November 1, 2022  through January 31, 2023
  • Idaho: October 15, 2022 through December 15, 2022
  • Massachusetts: November 1, 2022 through January 23, 2023
  • New Jersey: November 1, 2022 through January 31, 2023
  • New York: November 16, 2022 – Enrollment open through the end of the ongoing COVID pandemic 
  • Rhode Island: November 1, 2022 through January 31, 2023
  • Washington DC: November 1, 2022 through January 31, 2023

Other Dates and Special Enrollment Periods to be Aware of

  • In the past 60 days you had one of these household changes:
    • Marriage
    • Having a baby, adopting a child or placing a child for foster care
    • Legally separated or divorced causing a loss of health insurance
    • Someone on your Marketplace plan dies
  • Changes in residence, including: 
    • Moving to a new ZIP code or county
    • Moving to the United States from a foreign country
    • For students, moving to or from a place that you are attending school
    • For seasonal workers, moving to or from a place you live and work
    • Moving to or from a shelter or other types of transitional housing
  • If you or a member of your household lost health insurance in the 60 days prior to enrollment (or more than 60 days ago and before January 1, 2020)
  • If you are a member of your household were recently employed and gained access to an individual coverage HRA or a Qualified Small Employer Health Reimbursement Arrangement  in the past 60 days or expect to in the next 60 days
  • Becoming a member of a federally recognized tribe
  • Beginning or ending service as a AmeriCorps State and National, VISTA, or NCCC member
  • Recently became a U.S. citizen
  • Leaving incarceration

For more information and updated information about the open enrollment period, refer to healthcare.gov.

To learn more about Best Money Moves Financial Wellness Platform, let’s schedule a call. Contact us and we’ll reach out to you soon.

5 Ways the AHCA Could Change Healthcare Benefits for Employees

5 Ways the AHCA Could Change Healthcare Benefits for Employees

by | May 10, 2017 | Blog

In this week’s Best Money Moves roundup, we take a look at news stories and new research studies that may impact employee benefits and HR issues. We hope you find this news roundup helpful, and we’d love your feedback.

Healthcare benefits for employees could look very different very soon, and the anticipation has many benefits pros wringing their hands. Last week, the House of Representatives passed the GOP’s American Health Care Act. Now it’s headed to the Senate, where the bill is likely to face heated debate.

The AHCA is a big step toward fulfilling Republicans’ longstanding promise to repeal and replace the Affordable Care Act. Among its other provisions, the AHCA would remove the ACA’s mandate that employers provide healthcare benefits for employees.

These are the top five ways the American Health Care Act could impact the healthcare benefits your company provides to employees.

An increasing number of employers now offer financial education to employees, but does it work? The International Foundation of Employee Benefits conducted and in-depth study of workplace financial education initiatives and the effect they have on workers. How does your company’s plan stack up?

Employee wellness programs are highly regulated and employers are always working hard to ensure their companies are in compliance with the law. Need a quick refresher on the rules? Here’s what you can (and can’t) do with your company’s employee wellness program.

Financial stress distracts employees from the task at hand. That distraction can turn deadly for servicemembers working in conflict zones. Here’s why military members are so vulnerable to financial stress.

Can your company’s office improve employee wellness? “Wellness architecture” – designing workspaces with health and productivity in mind – is changing the way Americans work. Learn how to upgrade your space.

How much will millennials need for retirement? The number is higher than you think: Experts place it between $1.8 and $2.5 million (though of course it’s different for everyone). Why will your young employees need that much?

Employee error is the most common cause of corporate data breaches, and those employees are probably making the same mistakes with their personal data. Help protect them from identity theft in and out of the workplace.

Is your budget preventing you from investing in benefits technology? A new study found many employers let the price tag keep them from adopting more efficient, streamlined systems. Learn why the companies that adopt HR tech really seem to like it.

It’s never too early to start saving for retirement. Even though they’re not yet part of the full-time workforce, many Gen Z-ers under the age of 18 are already putting money away to set themselves up for a secure retirement.

You don’t want your employees to leave and work for a competitor, but how can you get them to stay? With a proactive focus on employee engagement.

 

Have something to add? Email info@bestmoneymoves.com.

It’s hard to stay on top of everything in the news. That’s why each week our Best Money Moves newsroom will bring you the most important news in financial wellness, employee benefits and financial stress. We hope you like the information and, if you do, please spread the word. For midweek developments, follow us on Twitter and on Facebook.