I want to pose a question: Why do health insurance premiums go up? For quite a few reasons: people get more sick, procedures cost more money, medication costs rise… The list goes on. But I want you to consider this fact for a moment – Over the past 13 years salaries have risen at a rate of 43%. Pretty good, right? Now consider that over the same time period, insurance rates have risen 180%. That is a serious chunk of money going towards health insurance premiums. And it doesn’t seem to be getting any better (sad face).
One of the issues that we often hear about is the idea of changing health insurance brokers. More specifically, the pains involved in finding, hiring and vetting out your potential broker’s capabilities. While I’d love to soapbox about everything that you broker should be doing for you, this article discusses a few things to look for if you do decide to make the jump.