Dinsmore Steele Business Blog

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What Happens If I Get a High Benefit Renewal in PEO?
Rodney Steele Rodney Steele

What Happens If I Get a High Benefit Renewal in PEO?

If you are in a Professional Employer Organization (PEO) you likely joined in part or whole because of the PEO’s benefit plans. PEOs are known for giving access to affordable benefits from national carriers like Aetna, Blue Cross Blue Shield, Cigna, and United Healthcare.

PEOs typically have significantly lower yearly benefit renewals for a few reasons, but mostly for their buying power with the carriers. Remember the Law of Large Numbers is always present in any type of insurance, this is no different. The more people on a benefit plan, the less risk, and more leverage for the PEO.

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What are the five kinds of insurance plans and what's the difference between them?
Health Insurance Rodney Steele Health Insurance Rodney Steele

What are the five kinds of insurance plans and what's the difference between them?

Let’s assume for a second that you're not an expert at health insurance. You probably wouldn't be able to explain the difference between a HMO, an EPO, a POS, a PPO, and an HDHP.

If this doesn't sound familiar, it's because you had better things to do since the last time you worried about insurance. But now you're deciding which insurance plans you want to offer your employees and acronyms are popping up everywhere. This handy reference guide will help make sense of the insurance literature you've been going through.


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Are you getting the best deal on your PEO?
PEO, PEOs Rodney Steele PEO, PEOs Rodney Steele

Are you getting the best deal on your PEO?

If you're currently in a Professional Employer Organization (PEO), you've probably wondered if you should have played the field a little more. PEOs are guilty of relying on the complexity of their set-up to obscure costs and keep you from being as well-informed a customer as you might for other services like an accountant or a software vendor.

But "difficult to tell" doesn't mean unknowable. Read on to find out how to do your due diligence with any PEO.


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