The Warning Signs in Your Insurance Renewal #healthinsurance #businessgrowth

1 Apr 2026 · 0 min

Watch on YouTube

0:05

In this brief exchange, Chrissy Myers asks what renewal indicators suggest a company should explore self‑funding or alternative insurance options. Speaker B responds that repeated, unexplained rate increases—such as 20%, 25%, 10% over a few years—without clear explanations or the ability to negotiate filed rates are warning signs. Chrissy confirms the difficulty of negotiating these rates, highlighting the opacity and frustration that often accompany traditional renewal processes.

Is there a sign in a company's renewal that signals it might be time to look at self-funding or look at other options?
It never hurts to look, to explore. Yeah, it never hurts to explore, but especially if you're tired of not knowing what's going on. You know, you've had 2 or 3 years of 20%, 25%, 10%, and you don't know why. There's never an explanation or, oh, this is the lowest we can go. These are the filed rates.
Yeah, we can't negotiate.
No, we can't negotiate any lower than that. And nobody else— we've shopped it and nobody else looks better.