Upcoming Benefit Rate Renewal
September 14, 2021
Like many things in life—mortgages, car leases or cell phones- after some time, you have to renew your contract. The same holds true for our group benefits plan. A benefits plan renewal typically occurs annually, however, because our contract with SSQ commenced in 2019, it has been three years since we last went through this process. As you will see below, we will be in touch with more information in the coming weeks. Stay tuned, but feel free to reach out should you have questions or concerns.
Here’s how the process works:
|THE INSURER (SSQ, to become BENEVA) PROPOSES A NEW RATE BASED ON:
|AOMBT BENEFITS CONSULTANT (GALLAGHER) NEGOTIATES THE RATE AND ENSURES:
|AOMBT REVIEWS THE PROPOSAL AND CONSIDERS:
|TRUSTEES REVIEW THE PROPOSAL AND ASK: