Maximize your open enrollment
When it’s time to sign more people up for your healthcare plan, a little prep can go a long way. Here’s a great battle plan.
Whether your company offers self-service or it’s all on your finance folks’ shoulders (even if you outsource), you want your enrollment process to be as efficient as possible.
The Payroll pros at Ceridian outlined five must-complete steps before your enrollment process begins. Do you have these bases covered?
- ID your enrollment period dates.
- List the tasks that need to be done for enrollment and how long each should take.
- Determine who’s responsible for each task and look at their availability. (Note: This should include employees, too, if necessary.)
- Factor in some extra lead time for major changes: new populations, changing health insurance providers, etc.
- Creating a training schedule for benefits, HR and anyone else charged with assisting in the enrollment process. Even if this is old hat, it’s worth touching base with everyone to update them on changes and share what worked (and what didn’t) the last go-around.
- Share on
Free Training & Resources
White Papers
Provided by Anaplan
Further Reading
Instant payouts are replacing traditional paychecks for millions of workers, according to a new PYMENTS Intelligence Report titled “Insta...
Among the many provisions of the Secure 2.0 Act, several deal with the paperwork responsibilities that fall on retirement plans. The Sec...
Hospitality employers in California take note: Several cities in The Golden State have minimum wage increases for hotel employees soon taki...
It’ll cost more in 2023 if you don’t display the required workplace posters. To complicate matters, electronic postings may be ...
For companies allowing health savings account (HSA) contributions via payroll deductions, a recent IRS announcement contains important info...
The IRS recently issued updates affecting semiweekly tax depositors. Specifically, the Service pushed back two due dates for making depo...
