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It’s that time of year again.  No, I’m not talking about the beginning of the holiday season….…it’s time for

 

OPEN ENROLLMENT!

 

Typically, an upcoming open enrollment period requires benefit administrators to make changes to benefit offerings and introduce new offerings.  Participants during an open enrollment period have the opportunity to update their existing elections and make new elections.  The open enrollment period is an opportunity for eligible participants to:

  • Enroll in a plan if not currently enrolled
  • Change coverage from one plan to another
  • Change enrollment status of eligible family members
  • Decline coverage

Open enrollment is also an opportunity for your organization to:

  • Modify plan configuration
  • Update rates
  • End benefit offerings
  • Start new benefit offerings

 

Remember, Open enrollment elections are effective on January 1 and previous year coverage and rates end one day before the event date.

 

For help with your open enrollment process, open a Service Request with the JD Edwards World HCM group or start a conversation in our Community.  https://community.oracle.com/community/support/jdedwards_world/hrm_payroll_-_jdew.