How To Choose The Right Employee Benefits For 2022 During Open Enrollment

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Ways to make smart decisions for your employer-sponsored health and retirement plans and get reimbursed for remote work expenses

Tatar's advice:"Take time to attend virtual benefits fairs to review the growing list of health, wealth and other benefits from your employer this fall."For many older workers, access to affordable health care coverage is the No. 1 employee benefit they seek.

"An often-overlooked benefit for older workers is a surgery Centers of Excellence program," says Tatar. Here, if you are planning to have surgery — such as spine, knee, hip or bariatric surgery — the company will arrange for you to receive care from a Center of Excellence to receive top notch and affordable treatment.

"As we get older, the risk of having a serious health event increases. If this happens to you, it's natural to seek a second opinion. Some employers we are working with now want to give employees better peace of mind, so they offer 'second opinion' benefits," notes Tatar."Then they can provide an entire medical diagnosis and treatment plan as an option for you to discuss with your doctor. And it is usually covered one hundred percent.

But, he adds,"you need to understand how disability is being defined by the insurance company. For example, some policies will pay out benefits for only two years if you can't do your current job. Others won't pay beyond two years if you are not completely incapacitated. So, find out what's covered and what's not."

 

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