How does healthcare renewal work?

Your health insurance provider is required to offer a renewal of your policy each year as long as you are current on your premium payments. Premium increases lead some businesses to shop for new rates during annual renewal periods.

One way to obtain cost effective insurance rates and continue to offer competitive benefits is outsourcing your benefits administration. There are several options available, including various levels of HR outsourcing and Professional Employer Organizations (PEOs).

TAGS: PEO Co-Employment HR Outsourcing HR Services Compensation & Benefits HR Admin & Outsourcing ADP TotalSource® PEO