(BPT) – Where does open enrollment — the yearly act of enrolling in employer-provided insurance benefits — fall among other annual must-dos? And how do people feel about the process overall?
The third annual “Open Talk about Open Enrollment” poll took a pulse of the nation’s feelings about just that, with surprising results. Read on for the findings:
* Completing open enrollment beats attending a karaoke birthday party. Respondents were asked about a list of activities they would choose to never do again. In this case, most preferred the yearly ritual to activities such as karaoke birthday parties and watching the same cartoon over and over to appease a toddler.
Similarly, when asked to rank (in order of preference) a list of annual to-dos, including open enrollment, the majority said they’d much rather complete the annual ritual over budgeting for the holidays, spring cleaning and raking fall leaves.
* Many would spend 30 spare minutes completing open enrollment. When asked about their preferences on how they would prioritize 30 minutes during their day, the majority of respondents said that they’d spend that time completing open enrollment above all other options, including getting an oil change or a manicure, waiting in line at a coffee house and fitting in a cycling class.
* Age might actually matter. When asked about how they react when receiving open enrollment announcements, those over the age of 45 are more likely to download or set information aside to review with their spouse, compared to their younger counterparts. Ten percent of those under 45 are more likely to talk about benefit selections with their coworkers, compared to only 5 percent of those over age 45.
* Not all are aware of what vision insurance benefits are available when they retire. Just 21 percent of respondents are aware that their employer offers post-retirement vision insurance benefits. However, of those, 82 percent are likely to enroll. On the contrary, if an employer does not offer post-retirement vision insurance, nearly two-thirds either don’t plan or don’t yet know if they will obtain these benefits elsewhere, through VSP or otherwise.
As the only national not-for-profit vision care and coverage company, VSP strongly advocates access to eye care and eyewear for everyone. Vision insurance is typically one of the easiest, quickest and least expensive benefit options to review and select.
Your eye health and overall wellness are too important to dismiss, so check the vision care box. If you have the benefit option, take it. Learn more at www.SeeMuchMore.com.
* In this week’s address, the President reminded Americans that Affordable Care Act open enrollment begins this weekend.
Weekly Address: Open Enrollment Starts Today