By Bryan Davis – SOURCE: Nava Benefits.
Summary
A benefits broker request for proposal (RFP) can unlock crucial information about the employee benefits marketplace, your own total rewards offering, and the level of support your HR team could receive. But the RFP process can be time-consuming, confusing, and difficult — unless you’re well prepared. Here are four steps to get ready for a smooth RFP process.
Continue reading Broker RFP Process Guide: How To Launch A Winning Benefits Broker RFP
By Dave Chase
United Airlines employees paid their broker 64 cents per premium dollar in year one. 64% went to Mercer as commission. Not to medical care. Not to claims. To the broker. Then it “improved” to 27% by 2023. Mysteriously dropped to 2% in 2024 when lawsuits started flying.
That’s not market pricing. That’s exploitation of weak oversight.
Continue reading United Airlines Let Their Broker Take 64 Cents Of Every Dollar Employees Spent On Insurance
9,000 physicians just walked out of Anthem’s network in New York.
Continue reading 9,000 PPO Doctors Say “Adios”