benefits enrollment

What Is The Purpose Of Open Enrollment?

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What Is The Purpose Of Open Enrollment? The open enrollment period was put into place to discourage adverse selection – which happens when sick people sign up for health insurance and healthy people don’t. It greatly skews the amount of risk a health plan takes when insuring customers. The open enrollment period is to prevent

Does Bank Of America Offer Health Insurance?

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Does Bank Of America Offer Health Insurance? Bank of America offers employees comprehensive medical and prescription drug coverages. What medical insurance does Bank of America have? Remember that you must be enrolled in one of the bank’s national medical plans (through Aetna, Anthem or UnitedHealthcare) to take advantage of our Family Support program1 — which