Maximize Your Benefits Renewal Strategy

Your benefits renewal rate isn't a fixed formula; it’s what your insurer thinks you’ll pay without

a fight. You are almost certainly overpaying. And get this: a recent study found

nearly half of employees would rather have a solid benefits plan than a $40,000 raise.

You're likely paying too much for the one thing that keeps your best people from leaving.

So here’s the secret weapon: the Target Loss Ratio, or TLR. It's the percentage

of your premium that actually goes back to your team in claims. Demand a TLR of

83% or more. Make them show you the math.