For Insperity clients
Insperity’s costs are up 9 percent. Guess whose renewal that lands on.
Insperity's own reported benefits cost trend hit 9.1 percent, the company posted a full-year loss, and nearly its whole health book rides a single national carrier contract. Renewals turn January 1 and letters land in the fall. The pass-through has one place to go.
Free. No obligation. We only get paid when you save.
All from Insperity's own filings and calls. We do not do rumors on pages like this.
Concentration math
One carrier means one negotiation decides your pool's fate.
This year that negotiation happened inside a 9 percent cost trend. Insperity is a serious operator with real service depth. It is also a public company covering a loss, and renewal season is where public companies find margin. Your counter is a benchmark: your fee and your health rates against the market band, in hand before the letter.
What we check: your allocation against the pool trend, admin fees against the mid-market band, carrier-fit alternatives given your census, and whether cross-carrier placement beats the parity cap this cycle.
Stay or go
Plenty of Insperity clients should stay.
Its HR depth is real, and for some books the single-carrier pool prices fine. The point is not to leave Insperity. The point is that nobody should absorb a fall increase letter without knowing the market number first. About a third of the audits we run come back at market. Those companies renew in peace, with the audit in the file for next year.
We use their HR services heavily.
The fit test covers service depth, not just price. If nobody matches Insperity's service model for your book, that finding is in the audit and the audit is yours.
The letter already came.
Fall letters mean weeks of leverage left, not zero. Move now and the benchmark still lands before your signature does.
Is this free?
Yes. Paid by the receiving PEO, only if you move. A stay-and-negotiate outcome costs you nothing and pays us nothing.
The letter is being priced now.
Your benchmark should exist before it lands.
Free. No obligation. We only get paid when you save.