The employee benefits renewal process can be stressful, with tight deadlines and rising costs. Many companies feel stuck in this cycle. A midyear benefit advisor change can help—but not in the way you might think. This isn’t about changing plans or rates. It’s simply about changing your benefits advisor or broker to help your plan operate more efficiently. Here’s why it can make a big difference, and three myths that might be holding you back.

Why a Midyear Change Makes Sense

1. Your Experience is Fresh

Most companies renew benefits on December 1 or January 1, which can take 8 weeks to 3 months. Right after this process, your experience and feedback are fresh. Now is the perfect time to evaluate what worked and what didn’t. Instead of waiting 9 months, tackle issues while they’re still top of mind. A new advisor can help you make immediate improvements without changing your current plans or rates.

2. Opportunities for Long-Term Planning

Renewal is often reactionary, leaving little room for strategic planning. A midyear advisor change allows proactive planning for the next 2, 3, or even 5 years. This helps you adapt to changing employee demographics and benefit trends with ample time, making your benefits plan more efficient.

3. Regain Control

The current system leaves many companies reacting under pressure with limited options. Changing your advisor midyear puts you back in control, offering new perspectives without the stress of tight deadlines. You can explore shifting your renewal date, giving you breathing room to make thoughtful decisions.

Three Myths Holding You Back

Myth #1: “I’m Locked into My Insurance Company.”

Reality: You can change your renewal date. Many companies push it out by a month or two.

Insurers often prefer this change to avoid the year-end rush. A new advisor can guide you through this process without altering your current plans.

Myth #2: “I’m Locked in with My Broker.”

Reality: You can change your advisor at any time, with no penalty.

This change doesn’t mean switching your plans or rates. It’s simply about finding an advisor who offers more value and efficiency.

Myth #3: “I Don’t Have Time.”

Reality: Right after renewal is the best time for change since everything is still fresh.

A midyear coaching change doesn’t require immediate overhauls. It allows you to plan without the year-end pressure and make your current plan operate more efficiently.

Need Help?

A midyear benefit advisor change can enhance strategic planning, reduce stress, and make your benefits plan run more efficiently—without changing your current plans or rates. If your current advisor isn’t bringing fresh ideas, it may be time for a change.

If you’re considering a midyear change and want to explore how a new advisor can help, reach out to us. We’re here to offer strategies tailored to your needs.