Review Before You Commit
A review first shows whether a change is worth making. Before any paperwork is signed, a good broker reviews your renewal and the market and tells you plainly whether your current plan is competitive.
See the numbers before you sign anything.
Before any paperwork is signed, a good broker reviews your renewal and the market and tells you plainly whether your current plan is competitive. Sometimes the answer is that it is, and you can stay.
If the review finds room to improve, you will see specific reasons and options, which is a better basis for a decision than a sales presentation.
What a Useful Review Contains.
A useful review compares your renewal with the market, shows how much of the increase comes from your own claims, tests the plan design, and lays out options with costs for the employer and employees. It ends with a recommendation, which may be to stay.
The review should be in writing and usable with leadership.
It should not depend on a change of broker. Reviews that require a switch are sales presentations.
A few more questions.
Does a review obligate me to switch?
No. A review is information. You decide what to do with it.
What should a review include?
The renewal and what is driving it, how the plan compares with alternatives, and the contribution and plan design choices open to you.
Who should do the review?
A broker or adviser with experience in your market and size.
How long should it take?
Often one to three weeks, depending on documents.
What do we do with the result?
Use it with your current broker, or to decide on a change.
Related guides.
How to Switch Benefits Brokers in Michigan
Signs it is time, the six steps, and timing.
The Carrier Processes the Change
The carrier records the new broker. Your coverage stays in force while this happens.
Transition and Support
The new team takes over service, renewal work and employee questions, and walks HR through what to expect at each step.
Send us your renewal.
We’ll tell you whether it looks competitive, where we see opportunity, and the five questions we’d put to your carrier. No cost, and no obligation to move anything.
The renewal letter
Your current plan summary
Contribution split by tier
Enrolled counts by tier
Four documents — two more if your group is 50 or more. Nothing else; every extra one is a reason to postpone.
An independent employee benefits consulting firm. We look at the entire benefits program: cost, plan performance, risk and administration.
Switch to CFH. Unhappy with your broker? Your employees won’t notice. You will. →