Open enrollment is the perfecttime for your employees to assess their needs, and then choose amedical plan that fits them best—both in care and cost.

Open enrollment has a bad reputation. For many employees, it'sthat special time each year when they have just a few short weeksto make crucial choices about subjects that confuse and overwhelmthem. It's a magical dance of stress, procrastination, andlast-minute scrambling, and when it's all over, they take acollective sigh of relief and stop thinking about their benefitsfor another year.

Financial wellness programs, on the other hand, are morerelaxed—a little too relaxed. They usually consist ofwell-intentioned lectures about how employees should budget their paycheck once it's cashed. Andsince there's no hard deadline, most employees just hit the snoozebutton on your advice again and again, as they struggle daily withthe stress caused by unexpected bills and an uncertain future.

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