Open Enrollment is your once-a-year opportunity to evaluate your health insurance options and choose a plan that best fits your needs and budget. Whether you’re enrolling through your employer, the Health Insurance Marketplace, or Medicare, it’s a decision worth taking seriously.

Here are some tips to help you make a smart choice.

1. Review Your Current Coverage

Start by reviewing your current plan:

• What did you like or dislike about it?

• Were your doctors in-network?

• Did you meet your deductible or out-of-pocket maximum?

Knowing how your current plan worked for you can help guide your decision.

2. Estimate Your Expected Healthcare Needs

Think about the year ahead:

• Any planned surgeries, pregnancies, or ongoing conditions?

• Do you take regular prescriptions?

• Are you anticipating minimal care?

If you expect higher healthcare use, you might benefit from a lower deductible and higher monthly premium. If you’re generally healthy, a high-deductible plan with a lower premium could save you money.

3. Check the Provider Network

Make sure your preferred doctors, hospitals, and pharmacies are in-network. Out-of-network care can lead to higher costs or denied claims, especially with HMO plans.

4. Compare Total Costs—not Just the Premium

Look beyond the monthly premium. Compare:

• Deductibles

• Copays

• Coinsurance

• Prescription coverage

• Out-of-pocket maximums

The cheapest premium isn’t always the best value if you end up paying more throughout the year.

5. Use Available Tools and Ask Questions

Most insurance carriers and marketplaces offer online tools that help you compare plans. You can also talk to a licensed agent or benefits advisor for guidance—especially if your situation is complex.

Final Thoughts

Choosing the right health insurance plan during Open Enrollment takes a little time and research, but it’s worth it. The right plan can save you money and stress throughout the year—and ensure you have the care you need when it matters most.