Colorado Springs Families: 5 Critical Mistakes During Open Enrollment

Summary: Mistakes during open enrollment can lead to costly consequences and stress for Colorado Springs families. This article highlights five common errors families make and offers practical advice to avoid them. It emphasizes the importance of reviewing coverage, meeting deadlines, understanding ACA requirements, and seeking local support. Preferred Insurance stands ready to help families navigate these challenges with personalized, ongoing assistance.

When it comes to open enrollment, many Colorado Springs families face mistakes during open enrollment that can lead to costly consequences and unnecessary stress. If you’re a family navigating the open enrollment period for your health insurance, it can feel overwhelming and confusing. You want to make sure you and your loved ones have the best coverage possible, stay compliant with ACA requirements, and avoid paying more than necessary — but the process is full of potential pitfalls that many families overlook.

Preventing these mistakes during open enrollment is necessary for securing the right coverage and peace of mind for your family, ensuring you’re prepared for whatever health needs arise.

Common Mistakes During Open Enrollment That Families Make

Not Reviewing Current Coverage Carefully

Assuming last year’s plan still fits: Many families simply renew their existing plan without reviewing changes in coverage, premiums, or benefits. Health needs evolve, and insurance plans change annually. Overlooking these updates can mean paying for coverage you don’t need or missing out on better options.

Ignoring changes in family circumstances: Did your family size change? Has someone’s health condition evolved? These factors should influence your plan choice. Failing to adjust coverage accordingly can leave you underinsured or overpaying. To avoid these mistakes during open enrollment, rely on your local independent insurance broker, Preferred Insurance, to guide you through the review process.

Missing Important Deadlines

Waiting too long to enroll or make changes: Open enrollment periods are limited and strictly enforced. Missing deadlines means you might have to wait until the next enrollment period or qualify for a special enrollment due to a life event.

Not setting reminders or marking calendars: It’s easy to lose track of enrollment windows amid busy family schedules. Without clear reminders, you risk missing your chance to secure coverage.

Overlooking ACA Compliance and Subsidy Opportunities

Not understanding ACA requirements: Many families are unsure about ACA rules and what they mean for their coverage. This can lead to selecting plans that don’t meet minimum essential coverage standards or missing out on subsidies that could lower premiums.

Failing to apply for financial assistance: If your income qualifies, subsidies can make insurance more affordable. Not exploring these options means paying more than necessary. While these mistakes during open enrollment may seem innocent, they can have a long-term effect on the insurance you and your family have throughout the next year.

Not Looking at All the Options

At Preferred Insurance, we know that the best options for your family’s needs and budget may be found off the Colorado Health Insurance Marketplace. We specialize in helping individuals and families with non-ACA plans that may offer more affordable alternatives. We believe in providing you with a full picture of available coverage options so you can make an informed decision that works best for your unique situation. Don’t limit yourself to just the ACA Marketplace—consider all possibilities to secure the right health insurance for you and your family.

Choosing Plans Based Solely on Price

Opting for the cheapest plan without comparing benefits: Lower premiums might seem attractive, but they often come with higher deductibles, limited provider networks, or fewer covered services. This can result in higher out-of-pocket costs when you need care.

Ignoring provider networks: If your preferred doctors or specialists aren’t in-network, you could face unexpected bills. Checking network coverage before enrolling is crucial.

Not Asking for Help When Needed

Trying to navigate the process alone: Health insurance can be complex. Many families struggle to understand plan details, coverage options, and enrollment steps without support.

Missing out on expert assistance: Independent brokers can provide unbiased advice tailored to your family’s needs, helping you avoid costly mistakes during open enrollment and find the best coverage.

See Also: The Time-Saving Secret Colorado Springs SMBs Use for Employee Benefits Education

How to Avoid These Mistakes During Open Enrollment

• Review Your Current Plan and Family Needs: Evaluate your existing coverage to ensure it fits your family’s current health conditions, size, and financial situation. This helps avoid gaps or unnecessary expenses.
• Mark Your Calendar and Set Reminders: Keep track of open enrollment dates and deadlines using phone alerts or planners to avoid missing critical enrollment windows.
• Understand ACA Requirements and Financial Help: Familiarize yourself with ACA coverage standards and check eligibility for subsidies to ensure compliance and reduce costs.
• Compare Plans Beyond Just Price: Consider premiums, deductibles, co-pays, and provider networks to find a plan that offers both affordability and the care access your family needs.
• Seek Support from a Local Independent Broker: Preferred Insurance is the leading local insurance broker in Colorado Springs for individual insurance plans. We understand your family’s unique needs and provide personalized guidance and ongoing support throughout the enrollment process.

Read More: Open Enrollment is Approaching! How Will Your Company Choose the Best Employee Health Benefits in 2026?

Why Choose Preferred Insurance for Your Family’s Open Enrollment?

At Preferred Insurance, we’ve spent over 30 years helping Colorado Springs families navigate the complexities of health insurance. We’re committed to being your trusted partner throughout the open enrollment process and beyond.

• Personalized attention: We take the time to understand your family’s unique health needs and financial situation.
• Simplified process: We break down complex insurance terms and options into easy-to-understand information.
• Ongoing support: From selecting the right plan to answering questions throughout the year, we’re here for you.
• Local knowledge: We know the Colorado Springs insurance landscape and can help you find plans that work best for your family.

Choosing Preferred Insurance means having a reliable ally who cares about your family’s health and financial well-being.

Advantages of Working with a Locally Owned Company in Colorado Springs

When you work with a locally owned brokerage like Preferred Insurance, you benefit from:

• Community focus: We understand the specific health care providers, networks, and insurance options available in southern Colorado.
• Accessible service: We’re just a call or visit away, ready to provide quick, personalized assistance.
• Long-term relationships: We build lasting connections with families, supporting you year after year.
• Supporting the local economy: Choosing a local business helps strengthen the Colorado Springs community.

Unlike national brands, we offer a level of personal care and local insight that truly makes a difference for your family.

Final Thoughts on Preventing Mistakes During Open Enrollment

Open enrollment is a critical time for your family’s health and financial security. Avoiding common mistakes during open enrollment ensures you get the coverage you need without unnecessary costs or stress. With the proper preparation and support, you can confidently choose a plan that protects your loved ones and fits your budget.

Taking a proactive approach to open enrollment not only safeguards your family’s health but also provides peace of mind throughout the year. By staying informed, planning ahead, and seeking trusted advice, you reduce the risk of unexpected expenses and coverage gaps. This thoughtful preparation empowers you to make decisions that truly benefit your family’s well-being now and in the future.

Take Charge of Your Family’s Health Coverage Today – Contact 

Avoid making mistakes during open enrollment — Partner with Preferred Insurance

Don’t let open enrollment overwhelm you. Contact Preferred Insurance to schedule your free consultation today. Reach out now and experience the difference of working with Colorado Springs’ trusted independent health insurance brokerage. To prevent making these common mistakes during open enrollment and secure peace of mind for your family, Preferred Insurance is here to help and ready to guide you every step of the way.