What is the annual open enrollment period?
Open enrollment is the annual period where you can enroll in major medical health insurance plans. To see open enrollment dates in your area, check out our list of open enrollment dates in every state.
Why do we have an open enrollment period?
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 skewed risk.