The Value of a Benefits Broker
With so many DIY options ranging from doing your taxes to renovating your home, it’s understandable for you to give considerable thought to handling your employee benefits package on your own. The first thing brokers bring to the table is their expertise. They know what to look for in plans that look similar so there’s no doubt you’re getting the option that’s best for your and your employees. Brokers also save time on finding the perfect package, can help your employees enroll, warn you of current or upcoming industry changes and let you know when you or your employees might want to consider making changes to your plan. An employee benefits broker will do all the leg work to make sure your business is in compliance with the ACA Laws and regulations. On top of all that, the best part is employee benefits brokers services are completely free.
Another way to find the right broker is to ask around. Peers in your industry are a good place to start, and you can also ask friends and family if they’ve used an insurance broker whom they’d recommend. If you know anyone who works in health insurance, ask him or her for professional recommendations on brokers familiar with your industry as well as the size of your business. Once you’ve found a few potentials, be sure to ask for references to get a feel for how the broker works and what you can expect should you decide to work with her or him.
Do Some Research
As you start to narrow your options for a California-based broker, check the state’s insurance commissioner’s office and find out if the brokers you’re considering have any disciplinary actions taken against them. You’ll also want to check to see what specific services the broker provides. If there’s a specific insurance provider you like, ask if the broker represents them.
Make Sure the Broker Remains Current
Change is constant in the insurance industry. This means you, your business and your employees are better off with a broker who keeps her or his finger on the pulse of any changes taking place or coming down the pipeline. A lack of proper info could cost you in more ways than one.
Let a well-qualified benefits broker keep your employees in good health and good spirits. For more info on choosing the right broker, contact us here on our site, like us on Facebook, find us on LinkedIn and subscribe to our blog.