Definition
The annual period where employees frantically read health plan documents they don't understand while HR assures them everyone will eventually understand the deductibles.
Example Usage
Benefits enrollment is next week, so start studying these PDFs to figure out which plan bankrupts you slowest.
Origin
Corporate benefits practice from 1980s
Fun Fact
Most employees spend less than 15 minutes researching health plans costing $10,000+ annually.
Source: Benefits Administration Standards
Related Terms
Translate This Term
See “Benefits Enrollment” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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