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Alice Rhodes Explains What Small Businesses Need to Know About Renewals
Description
That health insurance renewal packet can feel like a judgment on your business: a percentage increase, a thick stack of paperwork, and a deadline that forces decisions impacting your budget and your people. We’ve been there, and we want you to have a calmer, smarter way through renewal season, especially when you’re trying to hire, retain, and keep payroll predictable.
I’m joined by Alice Rhodes, VP of Benefits at AUI, who helps small business owners translate renewals into real choices. We talk through what a health insurance renewal actually is (and why it changes every year), what to review inside the renewal packet, and the biggest mistakes we see when employers wait too long or focus only on the premium. Alice breaks down what to compare beyond the monthly cost: deductible, out-of-pocket maximum, copays, and the provider network details that can quietly disrupt care for employees and their families.
We also dig into the behind the scenes drivers that hit small groups hard, like employee age band shifts, dependents aging off coverage at 26, and major local network changes that can come down to the wire. If your group is large enough, we cover funding options worth asking about, including level funded plans and captive arrangements, plus when it may not make sense to change plans due to ongoing treatment or deductible progress.
If renewal season is coming, start early and demand clarity. Subscribe for more practical small business benefits guidance, share this with a fellow owner, and leave a review so more leaders can find it.
🎙️ Connect with Chrissy Myers and discover how resilience, expertise, and community can transform your world:
🔗 Follow Chrissy on LinkedIn for behind-the-scenes insights, leadership tips, and updates on her journey as the CEO of two thriving businesses.
📘 Grab your copy of 'Reluctantly Resilient' to learn how Chrissy turned challenges into opportunities and how you can do the same in your life and business.
🤝 Explore Clarity HR and discover how Chrissy’s team simplifies HR for small businesses, giving you peace of mind to focus on what matters most.
💼 Visit AUI to see how Chrissy's employee benefits expertise can help you build a healthier, happier workforce.