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What to Know this Benefit Open Enrollment Season

By StatePoint

The end of the year is benefit open enrollment season for most Americans — your annual opportunity to change, elect or renew benefit coverage offered through your employer for the upcoming year.

With the cost of health care continuing to rise, health care reform is changing the insurance landscape and often the benefits employers provide. And with these changes, consumers face added costs and new decision-making responsibilities. In fact, in addition to healthcare decisions, four-fifths of employers have already adopted voluntary benefits to provide employees with new nonmedical benefit choices, according to the Employee Benefit Research Institute.

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