Community Rating requires difficult, time-consuming number crunching leading to complex premium structures. Brokers are spending more time in excel files than they are with clients.
The complex premiums combined with the variety of carrier quote styles make employer presentations difficult to for brokers and employers alike, which leads to longer sales cycles and more meetings.
Dynamic Plan Design simplifies the complexity of Community Rating, helping brokers maintain profitability on all size accounts, while making life easier for their clients.
With the Dynamic Plan Designer, brokers can offer the same consultative approach they offer larger employer groups, proving their worth and showcasing their expertise.
BENEFITS OF DYNAMIC PLAN DESIGN
Community Rating means complex premiums, more number crunching and more work
Dynamic plan Design streamlines the process, saving you time and making it easier for clients to understand
WHAT THEY WANT
Employers want to see premiums both as averages and individual premiums
Easily present data employers need with the Dynamic Plan Designer
Carriers often provide quotes in different ways (list biling, composite billing, etc.)
Easily show one view to clients to ease understanding and decision making