Employee Benefit Guidance & Compliance Solutions

Posts by BrianH

Healthcare Renewal is a Great Time for a 360 Degree Review

Posted by on September 30, 2021 in Human Resources

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...

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