Benefit Renewal Time

Many of us in HR have been spending the past few weeks fielding calls from benefits brokers soliciting our business as April draws closer and renewal time is here. Of course, we can change our plans at any time but we’ve been conditioned to review our plans around this time of year.

This year we’re hearing about changes to paramedical benefit limits and drug maximums. But the basic structure remains. The few insurance companies don’t seem too interested in innovation or creativity yet. But there’s hope as other smaller, more agile benefit companies continue to blossom.

I leave you with this gem. Manulife still requires changes by fax. Yes, fax. Hurry up, innovation!