This year has presented many unique challenges for employers and brokers, and now open enrollment serves as another hurdle, as organizations with a remote workforce have to move their in-person enrollment events online.
Along with the switch to online open enrollment, recent reports indicate that employees are increasingly paying closer attention to their benefits selection this year because of the COVID-19 pandemic. That means employers and brokers need to do more to communicate benefits and address employee concerns, while adjusting to a virtual approach.
To offer some guidance, ConnectYourCare partnered with Winston Benefits to host a comprehensive webinar about successfully preparing a virtual open enrollment strategy. Nicole Williams, Senior Vice President with ConnectYourCare, along with Vice President of Client Success, Kyle Sheridan, and Katie Soehngen, Employer Solutions Support Manager from Winston Benefits, offered their expertise on the subject and provided best practices for short- and long-term online open enrollment strategies.
If you missed it, you can get the gist here with this blog, or watch the recording yourself to learn more in-depth tips and real-world examples.
Best Practices for Hosting a Virtual Open Enrollment Event
Employers and brokers will need to work together to develop virtual enrollment solutions for 2020 and beyond. This means organizations that want a successful open enrollment this year will need to fully embrace technology, implement a virtual engagement solution, turn print materials into digital resources, and provide decision-support tools and dedicated enrollment help.
With these things in mind, we created a list of best practices for planning a virtual open enrollment event that you can use this year and build on for the future! (We’ll tease several below, but be sure to download our Virtual Open Enrollment Checklist and watch this webinar to master the art of preparation!)
Tips for Employers: Driving Virtual Engagement
No matter your size or budget, come up with creative solutions to encourage engagement with this new approach to open enrollment. Most importantly, make sure that you’re communicating what is different from last year, so they know what requires their attention.
If things aren’t changing much, highlight those supplemental benefits like telehealth, wellness benefits, crisis benefits, emergency childcare, mental health resources—anything that can help with COVID-related issues.
And let’s face it—one of the best parts of a traditional open enrollment fair is the free stuff, the food, and the grab-and-go goodies participants get just for coming through. These freebies and goodies also drive engagement and participation. So, what can you offer employees virtually that encourages participation?
You can host a yoga, Pilates, Zumba, or fun fitness class for participants. You might host a virtual wine tasting with a sommelier or a beer and cheese paring. You could have a virtual painting event, or a host a trivia competition with prizes.
Giveaways for participating are never a bad idea, and you can still do these fun engagement activities online.
Tips for Brokers: Leverage Technology and Look Ahead
For brokers, there are other ways to help make a virtual enrollment strategy successful in the long-term for your clients. Continue to research and recommend technology that suits your clients’ needs. The right platforms, online tools, and virtual communications can increase the efficiency of operational processes around benefits administration, help employers with compliance, and aid with open enrollment, account administration, and more.
Be sure to check with your partners to see what tech options they have at their disposal. Employers often aren’t sure about what they need and what integrates with their systems, so this is a chance for you to show value and offer your clients something that will work for them.
After the event, get open enrollment results and analyze those as soon as possible, so you’re ready for next year. Host a meeting with clients to review how things went and prep for next year. Present things like enrollment results, call center stats, lessons learned, and more, so you’re ready to implement a better strategy going forward!
For the Long Run: Creating a Long-term Virtual Strategy
While remote work policies from the COVID-19 pandemic have sped up the transition to virtual open enrollment this year, think about a long-term strategy for virtual events in the future. Accessibility for employees, cost-effectiveness, and improved technology are just a few things that make virtual open enrollment fairs an appealing option going ahead. You could even try a hybrid virtual and traditional fair in the future.
Employers, in conclusion, these are some considerations for the long-term that can help you continue to expand your virtual scope for your business:
Invest in an online enrollment platform or benefit administration solution (as well as other digital resources)
Consult with your broker or third-party administrator to find the best solutions for your needs and budget
Consider integration of the platform with your payroll/HR solution
Look for built-in decision-making tools that are interactive or can be personalized
Consider the potential to offer benefits information in this format year-round
Find a vendor that may already offer a virtual open enrollment solution that you can utilize at no cost. Your broker may be able to assist with this.
You may want to invest in a virtual platform, particularly one that integrates with your benefits administration platform for the future
In addition to these tips, be sure that you stay informed about benefits changes, legislative updates, and new technology year-round, and that you offer ongoing education to employees about benefits, deadlines, and more.
Most importantly, make sure people know that your door is always open—virtually or otherwise—to answer questions about their benefits!
