What's Happening?
CBS News business analyst Jill Schlesinger provides insights into navigating the open enrollment season, as workers are expected to pay between 6% to 7% more for their 2026 employer-sponsored health insurance.
This increase is more than double the current rate of inflation, prompting the need for strategic decision-making during the enrollment period.
Why It's Important?
The rising costs of health insurance during open enrollment season have significant implications for workers and employers. As premiums increase, individuals may need to reassess their coverage options and budget accordingly, while employers may face challenges in offering competitive benefits packages. This situation underscores the importance of informed decision-making and financial planning to manage healthcare expenses effectively.
