Renewal Comparison Tool

Renewal Comparison Tool

Renewal Comparison Tool

Enter the current employee-only rate, the renewal rate, and up to two alternate options. The tool will automatically calculate the percentage increase or decrease so you can quickly compare a renewal against alternative plan strategies.

Current Plan

This is the incumbent plan and current employee-only rate.

Renewal Plan

Usually the same plan renewing into the next period.

Enter values above and click Calculate Results.

Alternate Plan 1

Example: same benefits structure but HMO version.

Enter values above and click Calculate Results.

Alternate Plan 2

Example: a benefit buy-down with higher deductible or out-of-pocket.

Enter values above and click Calculate Results.

Comparison Summary

Option Plan Name Employee-Only Rate Dollar Change % Change Result
Current Baseline Current
Renewal
Alternate 1
Alternate 2