Most company plans roll over at the beginning of each year, after an “open enrollment” process. My company has a similar setup (low/high deductible) but nowhere as cheap.
Once you make a choice, you’re stuck with it for a full year.
Don’t you get to choose your plan annually?
“Don’t you get to choose your plan annually?”
Yes, I can choose one of two plans annually, but I do not have high or low options within those plans is what I was told. I shall look again to see if I was misinformed.