Commentary: As we head into the heart of renewal season, that old fear of receiving a “surprise” from your broker or carrier is likely sneaking into the back of your mind. Well, living in fear is no way to live or work, and it sure isn’t very efficient. Fortunately, there’s a better way – it’s a matter of performing a checkup on your benefits plan to make sure it’s as healthy as it can be.
Just as when you visit a doctor, a medical benefit plan checkup is a chance to identify significant issues, and also to ensure that you’re operating in peak condition. It’s a chance to track how your claims are running and, equally as important, determine if there are any indicators of how your claims will run in the next quarter.