How can USI help our organization gain better control of our ancillary benefit costs?
USI partners with several life, LTD/STD, EAP, dental, and vision carriers to negotiate multi-year rate guarantees or rate caps.
Multi-year rate guarantees mitigate annual trend increases by an estimated 3% to 5% of premium per line of coverage.
We’ve estimated the financial impact for you. Feel free to update the assumptions.
- Improved employee satisfaction due to stable contribution amounts
- USI monitors experiences and market trends for opportunities to further reduce rates in the second or third year
- Rate guarantees mitigate annual premium trending increases of 3% to 5%
USI's Ancillary Marketing Team manages a panel of ancillary and voluntary insurance carriers who've agreed to provide preferred terms and condition, best-in-class pricing, and multi-line discounts ranging from 1% to 3% for USI clients.
No. USI continuously monitors experiences and market trends for opportunities to further reduce rates on behalf of our clients.
I’d like to explore further how USI can help our organization gain better control of our ancillary benefit costs.
Contact your USI Employee Benefits specialist to arrange a discussion about pursuing multi-year rate guarantees on ancillary benefits.