insurance

What is an enrollment period?

 

What is an enrollment period?

The Bankrate.com financial term of the day is: "enrollment period."

If your company offers health insurance, chances are you can't join the plan whenever you feel like it. There will be a designated sign-up time called the enrollment period, typically after you're first hired and then possibly at a certain time each year.

Want to sign up for the health insurance where you work, or change to another plan offered by your company? You may have to wait until the next enrollment period.

To compare insurance policies, get a quote by visiting the Insurance section at Bankrate.com.

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