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If your company is between 2 and 500 lives, PF Compass has you covered. Employers today are blindsided by double-digit renewal increases because their current representation hasn’t provided them with a blueprint to manage their employee benefit options.
Many of today’s broker/consultants are only seen at renewal or when a claims issue arises. Unfortunately, many businesses are unaware that there is so much more their broker/consultant should be doing. At PF Compass we go well beyond what has become common broker responsibilities.
We work with all types of businesses, large and small, across a wide range of industries. Over the years we have created a reputation of providing quality group benefits and unmatched service for all our clients.
January is a big month for healthcare renewal and a good time to start reviewing your broker relationship. A strong broker / client relationship should be collaborative, a true partnership. Before you meet with your current broker it is wise to do a full 360 degree review your current relationship. Asking your key stakeholder for feedback can be a very valuable tool in showing you care and place employee wellbeing high on your priority list. Here are some key questions for the three main stakeholders to consider or give feedback on: Employers Is our broker earning the fees we are paying them? Do I have unnecessary “add on” costs? How often do I hear from them? How creative are they in providing options and alternatives to control cost without unnecessary disruption for our employees? How responsive are they to our issues and concerns? Do they protect us with compliance...read more
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