P{alybook strategy on chalkboardYour benefits advisor can work with your broker as a consultant,finding the right people to turn your plan into a strategicadvantage for your business. (Image Shutterstock)

If you've been frustrated with the quality and cost of yourcurrent benefits plan, you may have considered working with abenefits advisor. What gives many business owners pause, however,is the idea that they'd have to terminate their relationship with their brokerin order to bring an advisor onto the team. Abandoning the idea ofthe advisor in favor of the theoretically "safer" option ofsticking with a broker may seem like the best solution in the faceof uncertainty, but avoiding any kind of change altogether couldkeep your benefits plan permanently subpar.

Here's why taking a risk by working with an advisor and yourbroker can pay off for your plan:

Same solutions, same problems

Despite the fact that health care costs continue to go up whilehealth care quality continues to go down, many employers are stillwilling to stick with the same broker and benefits plan year afteryear. In fact, Pricewaterhouse Coopers' Health ResearchInstitute (HRI) is anticipating a greater cost increase thanever before for 2020 at 6 percent.

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