Happy birthday on turning 26. Now get your own health plan! [CNBC]
Benefitfocus, Inc. (BNFT)
Last benefitfocus, inc. earnings: 3/3 04:05 pm
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US:NASDAQ Investor Relations:
investor.benefitfocus.com
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Source: CNBC
JGI/Jamie Grill | Blend Images | Getty Images Like other adult things, choosing your first health insurance plan seems scary until you do it. Lots of acronyms you never heard before? Check. You know it's going to hit your wallet? Check. It's some mysterious part of your job with a lot of brochures? Check. When you're looking through your plan choices, ask yourself what's going on in your life, says Jeff Oldham, senior vice president of institutional and global markets at Benefitfocus, a benefits enrollment software company. But first, learn the following words and acronyms. When you meet with the HR people at your company, you'll have a head start and the sheer bulk of information won't seem so daunting. You'll need to know these terms so you can make informed decisions: Deductible: This is how much you have to pay before the employer and health-care company starts kicking in for your medical costs. But remember: Annual and preventive exa
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