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Millennial Money: The questions you aren’t asking (but should) during open enrollment

Open enrollment is no one’s idea of a good time, but health coverage is a crucial part of your financial health

By KATE ASHFORD of NerdWallet
Published - Oct 17, 2023, 07:03 AM ET
Last Updated - Oct 17, 2023, 08:30 AM EDT

Open enrollment is no one’s idea of a good time, but health coverage is a crucial part of your financial health. Whether you’re getting insurance through an employer or the Affordable Care Act marketplace, it’s important to ask the right questions before you choose a health plan for 2024.

“Open enrollment is a great time to do a personal health audit,” says certified public accountant Charlene Rhinehart, a personal finance editor at drug savings site GoodRx. “Understanding your current and anticipated health care needs will help you decide which plan is the best fit.”

Here’s how to weigh your options.

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