A: Voluntary benefits are often viewed as lower risk because they’re employee-paid and sit alongside core health and welfare plans rather than inside them. That perception can lead to lighter oversight of compensation structures, carrier arrangements, and administrative fees. The exposure typically arises when compensation is indirect, embedded in premiums, or not clearly documented. As regulatory scrutiny and fee-related litigation …
How do I know if my vendor contracts are fair?
A: Don’t treat renewals as routine. They’re a chance to revisit pricing, scope, and performance and push for terms that reflect your current priorities. SBA conducts detailed contract reviews and brings deep negotiation experience to help plan sponsors secure stronger, more accountable agreements. Contract renewals are often rushed, but they shouldn’t be. They represent a key opportunity to reassess not …