open-enrollment period

open-enrollment period definition - business

open-enrollment period

A defined period (generally one month) during which eligible employees may sign up for insurance coverage or alter their existing coverage. Enrolling during this period does not generally require proof of insurability.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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