By taking the time to study the new open enrollment packages...consumers can save as much as the equivalent to four months worth of groceries for an individual.
Orange, California (PRWEB) October 22, 2012
HealthCompare, the nationally recognized health insurance comparison site, knows the difficulty consumers face each year with open enrollment, from October to January, from their employers. The industry’s literature is full of difficult language and hard to understand terms for the lay-reader. And, more often than not, employees don’t get the help they need to understand what they are enrolling for.
One Aflac survey revealed, “More than 55 percent of insured workers estimate they waste up to $750 each year because of mistakes during open enrollment,” backing up the fact that choosing plans that are riddled with jargon and industry language makes it difficult for those not familiar with the verbage. And it means the enrollee could end up paying for a policy that doesn’t cover ER trips or other important points for them.
But thanks to the Affordable Care Act, this year, employers are required to make employees' health insurance documents more understandable by including better explanations. HealthCompare says that by taking the time to study the new open enrollment packages, rather than just signing up for the same plan an employee had the previous year, they can save as much as the equivalent to four months worth of groceries for an individual.
Even when open enrollment isn’t upon health insurance consumers, HealthCompare has always been a place where they can get the coverage they need and can afford. Visit HealthCompare.com today to get a free health insurance quote or see the human resources department for help enrolling.
About Health Compare: HealthCompare was launched in 2009 to work with brokers and carriers to help individuals and families easily research, compare, buy, and enroll in the right health insurance plan at the right price. Based in Orange, Calif., it delivers accurate, customized, health insurance quotes for the country's diverse population.
Through a unique partnership with its sister company, CONEXIS, HealthCompare has the ability to quickly reach thousands of COBRA-qualifying consumers and provide them with COBRA alternatives at the moment they become eligible for COBRA benefits. This provides these consumers with an opportunity to enroll in individual or family plans and potentially save hundreds to thousands of dollars on COBRA premiums and, at the same time, rewards referring brokers with referral fee income for the life of each policy.
For more information, visit http://healthcompare.com/ or call 888.748.5152.