Open enrollment is the yearly period when you can enroll in, change or renew your benefits for the upcoming plan year. Understanding the vocabulary can help you feel more confident when choosing or reviewing your coverage. The cheat sheet below defines common open enrollment terms to help you navigate your options.
This cheat sheet does not account for every term or definition you may see during open enrollment, but it provides an overview of some of the most common ones. If you have questions, check with your employer for further resources.
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