Redefining The Renewal Process
Our proven renewal process ensures that you get the best renewal rate possible through our aggressive renewal negotiations and in-depth understanding of current actuarial formulae. Book a free consultation today and let us handle everything for you.
The Maverick Benefits Renewal Roadmap
At Maverick Benefits, we understand that securing a favorable employee benefits package is just the beginning. Keeping those terms consistent and favorable during the renewal phase is equally vital. It's common for many insurance carriers to bury sudden rate hikes in their initial quotes—costs that come to the fore at renewal. Maverick Benefits stands as your vanguard, ensuring you're not blindsided.
WE HELP YOU AVOID COMMON PITFALLS
Beware The Hidden Surprises
It's a little-known industry secret: renewal terms often pack a real punch. After 12-16 months, your insurance carrier may introduce substantial rate increases, banking on your lack of vigilance or knowledge. But with Maverick Benefits, you have a proactive advocate ready to shield and guide you.
Our Step-By-Step Renewal Process
We don't just set and forget. We remain engaged, monitoring insurance company rating factors that could impact your premiums. By keeping a vigilant eye on your group's claiming levels quarterly, we pre-empt potential challenges before the renewal.
The devil, as they say, is in the details. Our team meticulously scrutinizes your renewal offering, verifying that all calculations and factors align correctly. We ensure that the terms are just, meet industry benchmarks, and most importantly, are advantageous for you.
Negotiation Is Our Middle Name
We believe that your employee benefits program renewal shouldn't equate to automatic acceptance of whatever's put on the table by the provider. Maverick Benefits is persistent. We negotiate, then negotiate some more. Our commitment? We NEVER accept the first rate proposal, ensuring that all renewals experience a reduction. Guaranteed.
At Maverick Benefits, we understand the crucial role of Claims Monitoring in managing your employee benefits program effectively. As part of our comprehensive process, we actively track and analyze your claims data. This approach allows us to identify trends and potential issues early on, ensuring that your benefits program remains both cost-effective and responsive to your team's needs. By integrating Claims Monitoring into our services, we provide an extra layer of oversight, giving you peace of mind and deeper insights into the performance and sustainability of your benefits package.
Insightful Reporting To Guide Decvision Making
The renewal data is compiled into a user-friendly report. This report includes plan design suggestions to combat under-utilization or over-utilization issues, it helps you to understand why rates are changing and how we arrived at the bottom line, and shares current benefits trends and offers.
WE COMPARE QUOTES FROM ALL INSURANCE COMPANIES
protecting your interests
Maverick Benefits: Your Renewal Guardian
With us by your side, you can operate with the peace of mind that we're not just here to help you secure a great benefits package, but to maintain its integrity year after year. You don't have to navigate the intricate renewal waters alone; Maverick Benefits is your compass.
WHAT OUR CLIENTS SAY ABOUT US
Maverick-Benefits has been our benefit representative for the past three years and has gone way beyond our expectations as our representative. We have found them to be honest, knowledgeable and professional with their recommendations/suggestions, and they have always exceeded our expectations. In fact, we recently changed our provider, as through their due diligence Maverick-Benefits secured three much lower quotes for the same benefits. We highly recommend Maverick-Benefits services as we are sure you will be as satisfied as we are with their outstanding services.
Maverick-Benefits has represented our firm for two years and has negotiated successfully for rate reductions on our behalf with major insurance/ benefits providers. They are knowledgeable, diligent and thoroughly professional. Maverick-Benefits does not rest until they have done the finest job possible for the benefit of their clients. Their advice is sound, based on a thorough understanding of the industry and of the needs of the smaller business. I highly recommend them.
Over the years, I have found 'Maverick-Benefits' to be competent, professional, thorough, timely and responsive. They have definitely been an effective negotiator of the annual review and renewal of our benefits program contract, and she has been instrumental in reducing our benefit costs. I am extremely confident in their work.