Know what your benefits should cost before your broker does.
See indicative mid-market benchmarks for health, dental, and vision — by industry and company size — plus a plain-English guide to your renewal timeline.
Benchmark your benefits costs
Select your industry and employee count to see indicative mid-market PEPM ranges.
Select both filters above to see indicative PEPM benchmarks.
When benefits renewals happen — and what to ask
Most employers don't realize how early the renewal window closes. Here's the timeline and the questions that matter.
Plan-year start dates
When your renewal clock starts
Most employer plans renew on Jan 1, Apr 1, Jul 1, or Oct 1. Your carrier sends renewal paperwork 90–120 days before that anniversary — which means the decision window opens much earlier than most HR teams expect.
The broker window
60–120 days out: the competitive window
This is when an outside broker can still run a full RFP and return real carrier quotes in time to act. After 30 days from renewal the incumbent carrier effectively controls the timeline — a competing broker can quote but you'll rarely have time to switch.
Questions to ask at renewal
Three questions every employer should ask
- 1What was the carrier's rate history over the last three plan years?
- 2How does our current PEPM compare to the mid-market band for our industry and size?
- 3What commission or fee is my broker earning on this plan?
Want a broker who benchmarks before they quote?
Join the waitlist — we'll connect you with a broker using Renata data.