I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

It's time for some money rehab. Well, are you ready to get a wider smile and keep more money in your pocket at the end of every month?

If so, get pumped because today we are talking about insurance. I know insurance talk can be so boring and the

topic is so full of jargon. But if you're going to pay for something every single month and depend on it for your life, literally, you should probably spend as much time

researching it as you have deciding between Peacock and Hulu. Only me? Okay, moving on.

The reason to talk about this now is that it's open enrollment season.

So today I'm going to break out all of the tips and tricks for saving money on your insurance plan,

and I know you always listen to these episodes right through the very end, obviously.

But just in case, I want to call out that you should really listen to this one till the very

end, because the last tip could increase the amount of money you save for your future exponentially.

Honestly, it's a game changer, so don't sleep on it.

First up, a quick nixionary note, an open enrollment period is the time when you can make changes

to your medical insurance plan.

Generally speaking, your insurance is a year-long commitment and barring few life-changing events like

getting married or having a baby you can't really make any changes to the plan. Open enrollment is the time

when you can make changes. Like adding dental coverage if your kid is going to need

braces or ending your vision coverage if you just got laser surgery to correct your

eyesight six months ago.

But it can be so much more.

The open enrollment period at many businesses takes place during November and December,

which means they coincide with the open enrollment period at the federal health insurance marketplace.

The health insurance marketplace is the health care.gov website where you can shop for insurance

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