Large brokerage firms couldn’t save you money if they wanted to.
When partnering with another company, executives tend to worry about whether this new partner is big enough. “Will they be able to handle our growing company?” they think. “And do they have the resources to support our expanding objectives?”
This Industry Insight argues against the conventional wisdom which says that working with a large benefits firm is, in and of itself, a good thing. We explain the structural reasons for why large, publicly-traded benefits firms cannot, in fact, help your company reduce its healthcare costs year-over-year. You’ll also take away several other questions that are far more important for executives to consider than mere firm size.