Maximize Savings During Medical Renewal Season

admin • September 26, 2024

Maximizing Savings During Medical Renewal Season

As businesses approach renewal season, many are facing steep hikes in their health insurance premiums—ranging from 20% to 50% increases. Deductibles are rising as well, placing an even greater burden on companies. This is where PEO from the CEO comes in as a PEO broker, offering a valuable solution.

For example, we recently helped a company whose annual premiums jumped from $224,690 to $386,852. By leveraging our network of PEO partners and creative strategies, we reduced their premiums to $283,218—offering significant savings while maintaining quality benefits.

This is the power of working with a seasoned PEO broker. We help you navigate renewal season by finding competitive options, negotiating favorable terms, and ensuring that your business maximizes its benefits without overpaying.

Strategic Guidance During PEO Renewal Season

As the year winds down, many businesses face the critical task of reviewing their PEO contracts. Whether our clients are renewing or exploring new options, having an expert on their side is crucial to optimizing the value of their PEO relationship.

This is where we shine. With extensive experience across multiple PEOs, we make sure our clients aren’t just renewing contracts—they’re enhancing them. We personally review each agreement, uncover cost-saving opportunities, and ensure that their business has the support needed to thrive in the year ahead.

Comprehensive Review for Maximum Value

During renewal season, we take a deep dive into our client’s current PEO relationship. From scrutinizing service costs to evaluating the competitiveness of employee benefits, we work to maximize the value of partnerships. We focus on areas like HR support, health insurance, and compliance to ensure you’re getting the best possible deal.

Strategic Negotiation for Better Results

At PEO for the CEO, we don’t just review contracts—we negotiate aggressively to reduce costs, improve services, and secure additional benefits. Thanks to our insider knowledge, we can consistently deliver results that exceed expectations. For our clients, this often means lower premiums and enhanced benefits.

Turn Renewal Season Into Opportunity

Renewal season is more than just a routine task; it’s a chance to renegotiate and reinvest in business growth. With our guidance, our clients approach this crucial period with confidence, knowing that every detail has been expertly handled. Let’s work together to ensure that your PEO partnership evolves with your business needs, setting you up for success in the year ahead.