Understanding Your Health Plan Renewal

Lorman Education Services

Ensure your understanding of various pieces of the health plan renewal calculations. Regardless of whether your company's medical insurance is built on a fully insured or self-funded chassis (or any of the hybrid options in between), the reality is that costs continue to rise and those of us in charge of negotiating these for our companies don't always know what all goes into these increases we're being assessed. This presentation will help the people responsible for this at their organizations to understand more about how renewal rating is generated.

The webinar explains various piece of insurance nuance that goes into how the premium increases are calculated. Failing to have a proper understanding of how the risks are calculated can leave employers in the dark as to whether the premiums being levied are fair or potentially able to be lowered. This lack of understanding can cost employers thousands of dollars. This workshop is critical for employers so they can ensure their understanding of various pieces of the renewal calculation.

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