Their situation
When the renewal comes back higher
Premiums climb every year, and some years the increase is harder to justify than others. Before you accept it or start shopping the market, it is worth knowing what is driving the number and what you would give up by moving.
A scheme’s claims history follows the people on it rather than the policy, so a cheaper quote can arrive with fresh underwriting attached. Sometimes moving is still the right call. Often it is not, and we will say so.
Three things to consider
- What is driving the increase
- Claims experience on your own scheme, market-wide medical inflation, or both. The answer changes what is worth doing about it.
- Re-underwriting risk
- Whether anyone on the scheme would lose continuity by moving carriers. That cost lands on individuals, not on the budget line.
- The deductible lever
- The lever most companies never touch. Setting it higher, and letting senior staff top up privately, often buys more real cover for the same total spend than raising every limit across the board.
What we do
- Tell you what is behind the number before the deadline forces a decision.
- Run the comparison against what else is open to you, and show you the working.
- Say plainly whether moving is worth it, including when the answer is that it is not.