Business owners are looking to their advisors for guidance as benefit plan premiums continue to climb year over year. With renewal season bringing increases of 10%, 20%, or more, the question becomes: how can you explain these rising costs, and better yet, how can you help control them?
Watch this session to explore practical, advisor-led solutions to mitigate risks and manage benefit premium increases through smart, proactive plan design.
In this Zoomcast, we examine:
- How to use tools like Stop Loss, Pre-Ex on drugs, and Formulary Protect to cap and manage drug costs.
- The impact of combined and family maximums on Dental and Paramedical coverage.
- How graduated coverage can reduce risk while enhancing plan flexibility.
- Why using a flat amount for Life and AD&D benefits is often a smarter alternative to earnings-based coverage.
- Tangible plan design ideas you can present to clients immediately.