Did you know your broker has a guaranteed pay raise built into your stop loss contract?

There are various different ways that you can pay your broker for their services.

In my opinion, the most transparent way is to pay your broker a flat monthly fee, if you have that option.

The reality is as long as you know your broker's total annual compensation from all sources and you understand how this impacts your total spend, how you "pay" them shouldn't really matter.

But I would argue most employers don't understand (to no fault of their own) how different compensation forms can impact total healthcare spend.

When it comes to self-funded employers and their stop loss insurance, it gets complicated. That's why my advice to you is that if you are self-funded, REMOVE all broker compensation from the stop loss premium.

Watch the video below to learn two reasons why you should eliminate broker compensation from your stop loss premium.