Making the Most of Open Enrollment Season: A Financial Perspective

As fall arrives, so does open enrollment—a short but important window when you can review your health insurance and employee benefits for the upcoming year. While it may feel routine to click “renew” on your existing coverage, a thoughtful review of your options can help you uncover opportunities to save, strengthen your benefits, and align your healthcare choices with your broader financial plan.

At Conte Wealth Advisors, we believe financial wellness extends beyond your investment portfolio. Health care decisions play a major role in your overall financial picture, and open enrollment is the perfect time to ensure those pieces are working together.

Why Open Enrollment Matters

Health care costs are among the biggest annual expenses for families. Reviewing your plan each year helps you prepare for potential premium changes, new coverage options, or updates to provider networks. Whether you’re choosing between a higher-deductible plan to lower your monthly costs or considering your spouse’s insurance for better family coverage, these choices can have lasting financial implications.

Notable Dates to Remember:

Most employer open enrollment periods run between October and December. Check with your HR department for exact dates.

Medicare open enrollment is October 15 through December 7, 2025, with coverage beginning January 1, 2026.

Medicare Advantage open enrollment runs January 1 through March 31, 2026.

Open enrollment for plans through healthcare.gov starts November 1, 2025, and ends December 15, 2025, for coverage beginning January 1, 2026.

How CWA Can Help

Open enrollment isn’t just about selecting a health plan, it’s an opportunity to see how your healthcare fits into your overall financial plan. The financial professionals at Conte Wealth Advisors can help you evaluate options from both a health and wealth perspective, ensuring your choices today support your long-term goals.

Whether you’re weighing multiple coverage options, considering an HSA strategy, or just trying to make sense of your benefits, CWA is here to guide you. This open enrollment season, let us help you navigate healthcare decisions with confidence and clarity, because your financial health deserves the same attention as your physical health.

Understanding Your Options

Before making selections, review your plan details, including monthly premiums, deductibles, copays, and coinsurance, so you can anticipate yearly costs. Consider how your family uses healthcare services—regular checkups, prescriptions, or ongoing treatments—to guide your decision.

High-deductible health plans (HDHPs) can be paired with a Health Savings Account (HSA), allowing you to use pre-tax dollars for qualified medical expenses. In 2026, the contribution limits are $4,400 for self-only coverage and $8,750 for family coverage. Flexible Spending Accounts (FSAs) may also be available, covering eligible medical, dental, and vision expenses, though funds typically don’t roll over year to year.

Missing the Window

If you miss open enrollment, you’ll typically remain on your current plan until next year—unless you experience a qualifying life event such as marriage, the birth of a child, or changing jobs. For job transitions or coverage gaps, options like COBRA or marketplace plans via healthcare.gov can help bridge the gap.

Let CWA Lead the Way.

Work alongside top of the line professionals to help navigate open enrollment today.
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