7 Smart Moves to Make During Open Enrollment

Open enrollment only comes once a year. Don't let it pass without making these smart moves that could save you money and improve your coverage.

Request an insurance quote or contact a licensed advisor.

Open enrollment season is your annual opportunity to review, improve, and optimize your insurance coverage. Don't just auto-renew. Here are 7 moves to make this fall.

1. Never Auto-Renew Without Comparing
Insurance plans change every year — premiums, networks, drug formularies. A plan that was a good fit last year may not be this year. Always compare before you re-enroll.

2. Check Whether Your Doctors Are Still In-Network
Provider networks change. If you have a preferred doctor or specialist, verify they're still in-network before you keep your current plan.

3. Review Your Prescription Drug Coverage
Check that your medications are still on your plan's formulary and that the tier hasn't changed. Moving from Tier 2 to Tier 3 can mean hundreds of dollars per year in extra costs.

4. Estimate Your Healthcare Usage for the Coming Year
If you're expecting a surgery, pregnancy, or new diagnosis in the coming year, a Gold or Platinum plan with lower out-of-pocket costs might save money overall — even with a higher premium.

5. Check Your Subsidy Eligibility
If you buy on the ACA marketplace, your income-based subsidy is recalculated each year. If your income changed, your subsidy may have changed too.

6. Don't Forget Dental, Vision, and Life
Many employer open enrollment periods also cover dental, vision, FSA/HSA, and life insurance. Review each benefit separately.

7. Work With an Independent Agent
An independent agent has access to the full market and can compare all available plans — often finding better coverage at a lower price than you'd find on your own.

*Chime Insurance Group advisors are available year-round to help you make the most of every open enrollment.*