After a chaotic year, this healthcare renewal season may get tricky. Here's your month-by-month guide to getting ahead — and winning —your 1/1 renewals.
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estimated increase in healthcare costs for 2024
of employers re-evaluating their employee benefit programs
of employees satisfied with their benefits, lowest in 10 years
"If you think there's an opportunity in your plan to be creative... to create value for your plan, I would say you need to push your broker. Say, 'give me the strategy and the timeline that shows me how these alternatives would play out.'"
"Your carrier's first proposed rate increase doesn't have to be the end-all-be-all. Asking your carrier for rate relief can often yield results. Plus, you never know what other carriers may be willing to offer if you just ask."
"This is the perfect time to take a pulse check on your current benefits offering. Take this opportunity to check in with your employees on how they feel about their plans, with a focus on actionable feedback."
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