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Article: Apples to apples? ; During open enrollment time, it can really pay off to learn the nuances of HMOs, PPOs, and other common health insurance plans
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- November 1, 2009
- Author:
CopyrightCopyright 2009 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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It's open enrollment season for many employer-sponsored health
plans. And with some businesses asking workers to pick up more of
the growing health cost burden, this is no time to sit on the
sidelines.
Sticking with last year's plan might not make sense, and in some
cases might not be possible if employers have switched offerings. So
health insurance specialists say employees should be prepared to do
some research.
"It really is an exercise of understanding your personal
situation, your finances, and how much you use health care or
anticipate using health care," said Sara Taylor, health and welfare
strategy leader at consulting firm Hewitt Associates.
Figuring those things out can be ...