Expert Help from a Broker

An insurance broker helps clients evaluate coverage options and make informed selections. Franklin Benefits Group reviews plan designs, carrier offerings, costs, provider access, prescription coverage, funding approaches, and administrative needs. For employers, this can include market analysis, renewals, employee communication, and compliance support. For individuals and seniors, it can include health insurance and Medicare plan comparisons.

Buying directly from one carrier limits your review to that carrier’s products. A broker can compare options across multiple carriers and explain how plan features, networks, premiums, cost sharing, and administration differ. Franklin Benefits Group is contracted with dozens of carriers, enabling a broader market review focused on the coverage structure and service needs that matter most to each client.

Yes. Franklin Benefits Group advises employers on core medical coverage, dental, vision, life, disability, and voluntary benefits. Support can include plan design, contribution strategies, carrier comparisons, renewal management, employee education, compliance resources, and benefits administration tools. The team also helps employers explore fully insured, level-funded, self-funded, HRA, HSA, ICHRA, and other available approaches.

Yes. Employers can generally change brokers during the plan year by completing a Broker of Record letter; they do not need to wait for renewal. This allows Franklin Benefits Group to conduct an in-depth market analysis, obtain quotes where appropriate, and provide ongoing support without requiring an immediate change to the existing plan or disrupting employee coverage.

Employers should bring current plan summaries, renewal information, employee census details, contribution structures, claims or service concerns, and objectives such as managing cost or improving recruitment. Individuals should bring current coverage details, preferred doctors, medications, expected care needs, and budget priorities. These details allow for a more accurate and useful comparison of available options.

Yes. Franklin Benefits Group provides personalized Medicare guidance for Original Medicare, Medicare Supplement plans, Medicare Advantage plans, and Part D prescription drug coverage. Advisors help compare provider networks, formularies, prior authorization rules, supplemental benefits, premiums, cost sharing, and annual out-of-pocket exposure. Annual enrollment support and personalized coverage reviews are also available through the PlanEnroll platform.

Voluntary benefits are optional products offered alongside core benefits, such as accident, cancer, hospital indemnity, disability, life, vision, pet, and GAP coverage. They can make a compensation package more attractive while typically costing the employer little or nothing to offer. In most cases, employees pay the premiums through convenient payroll deductions and may access group rates.

Broker compensation is commonly paid through carrier commissions rather than a separate employer consulting fee, although arrangements can vary by product and service scope. Franklin Benefits Group can explain how compensation applies to your situation before work begins. Pricing for insurance itself depends on plan type, workforce size, selected carrier, benefits design, and the coverage choices made.