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Annual enrollment. In the United States, annual enrollment (also known as open enrollment or open season) is a period of time, usually but not always occurring once per year, when employees of companies and organizations, including the government, [1] may make changes to their elected employee benefit options, such as health insurance.
Memorandum. A memorandum (pl.: memoranda; from the Latin memorandum, " (that) which is to be remembered"), also known as a briefing note, is a written message that is typically used in a professional setting. Commonly abbreviated memo, these messages are usually brief and are designed to be easily and quickly understood.
It is convenient and useful for informal communication. Most interdepartmental communication is done over phone, but when the information has to be communicated in writing then memorandums are used. Memos are also issued in the cases of disciplinary actions to be taken against employees. The format of a memo is almost the same.
4. Understand your plan: Before enrolling in a particular plan, make sure you understand its ins and outs. Call Medicare at 1-800-MEDICARE (1-800-633-4227) 24/7; TTY users can call 1-877-486-2048 ...
Among the many lessons learned during this pandemic, having good, affordable health insurance coverage surely tops the list. In fact, according to a recent study by MetLife, three in 10 Americans ...
In the Washington, D.C. metropolitan area, plans open to all federal employees and annuitants include 10 fee-for-service and PPO plans, seven HMOs, and eight high-deductible and consumer-driven plans. [4] In the FEHB program the federal government sets minimal standards that, if met by an insurance company, allows it to participate in the program.
If your employer's 401(k) plan has auto-enrollment, you'll automatically start making contributions to your account once you're eligible. Under a federal law enacted in 2022, most new 401(k) plans ...
Open door policies exist to encourage employees to offer suggestions and ideas, provide or solicit feedback, seek personal or professional counsel, or address concerns within the company. The policy establishes an environment of trust and mutual respect between the employer and employee. The practice is viewed as a morale booster by letting ...
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