November 1 marks the beginning of the open enrollment period for qualified health plans (QHP). The annual period allows individuals and small groups (employers with 100 or fewer employers) to enroll in health care plans for the coming year.
If you’re new to the world of QHP, don’t stress. There are a range of plans with varying costs and features that can meet your specific health care needs. Whether you have been covered by a plan in the past or this is the first year you’ve been in the market to enroll, you should be aware of some of the main terms and what to look for when you enroll.