WageWorks, Inc.

Tips for Open Enrollment

Each fall during the open enrollment period, employers across the country allow employees to adjust their insurance and benefits choices. As you prepare to update your benefits package, here are three simple tips to keep in mind:

1. Review your annual health care expenses and decide if a flexible spending account (also known as an FSA) is right for you.

2. With health care reform bringing some changes to FSAs, now is the time to plan ahead and have costly procedures, such as LASIK, done before the $2,500 annual cap is implemented.

3. Look at the other cost-saving benefits your employer offers, such as dependent care and transportation benefits.

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