Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Every business leader likely knows that health care isn’t working for their bottom line or their workforce. And in the unlikely event that don’t already know it, they likely realize that it’s going to stop working – and possibly soon. Using health care benefits as an affordable way to differentiate and gain the labor advantages needed to thrive and prosper are a thing of the past for many – especially companies with under 100 employees.

Brokers also know this and the days of the status quo are numbered. Fully insured plans are not going to continue working, especially not with premiums and out-of-pockets as high as they are today. However, if you’re close to retirement, or your clients are all big corporations or government entities with deep pockets, you might not be seeing these trends quite yet.

What about the rest of us? How can we think differently and strategically to stay relevant when prices are rising and employee participation is challenged? How can we help our clients’ employees afford to participate? If we bring something new to the table this next renewal season, maybe the renewal process won’t take as many hours and renewal will be more certain. There’s a reasonable argument that there isn’t much to lose, so the decision to change is becoming more obvious.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

Follow the Conversation


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.