As a client with 30 employees on a medical plan, it was important to keep Mishawaka Library’s rates affordable. Through renewal marketing and bringing in competitive carriers, we have been able to keep rates on the medical plan stable for more than 3 years, while the market has seen double digit increases for this group. This included a rate reduction in 2016.
The rate stability allowed the Library to add a Long Term Disability plan at no cost to the employees in 2018, a significant addition to their benefits package. We were also able to move their voluntary benefits away from a platform that required employees to go through underwriting in order to be accepted onto those benefits to a guaranteed issue platform where no underwriting is required.
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