Sticker Shock – After You’ve Bought
One of the most common swing occurs at your first renewal: you bought your plan at a certain price, and for the first year that’s what you paid. But when your plan renews, your broker comes to you with a huge price increase.
It doesn’t make any sense: your employee count and composition are basically the same, and you thought the benefits plan you had purchased was priced properly. Why the huge shift?