Benefits Breakdown: Should You Bundle Your Benefits?

When it comes to group benefits, bundling isn’t just a buzzword—it can be a smart strategy. Bundling benefits means placing multiple lines of coverage (medical, dental, vision, life, disability, etc.) with one carrier. During renewal or open enrollment season, this is a key opportunity to explore whether bundling could work to your advantage.

Why Consider Bundling?

Cost Savings.  Carriers often offer package discounts when multiple products are bundled together.
Simplified Administration.  One carrier means fewer bills, fewer portals, and less administrative hassle.
Stronger Negotiation Position.  Larger premium volumes can lead to better renewal negotiations.
Streamlined Employee Experience.  One login, one ID card (in some cases), and one customer service number for multiple benefits.

When Bundling Makes Sense

You’re looking to simplify the administrative load on your HR team.
You want to consolidate vendors and eliminate billing headaches.
You’re getting close to a carrier’s eligibility threshold for additional discounts.
Your current plans are spread across multiple carriers with limited support.

What to Watch Out For

Carrier Strength.  Not all carriers are equally strong across all product lines. Choose those who excel in the benefits you’re bundling.
Network Coverage.  Make sure bundling doesn’t result in a smaller provider network.
Flexibility Loss.  Sometimes bundling can limit plan design options—be sure you’re not sacrificing key features.

Action Steps During Renewal/Open Enrollment – Ask your broker for quotes that include bundled and unbundled options.

Compare the full value—not just cost—of bundling (including support, service, and tools).
Review employee feedback on current plans to determine if bundling would improve experience.
Make sure your broker is checking for carrier bundling incentives or rate guarantees.

Bundling isn’t right for every group, but during renewal season, it’s worth exploring. Whether you’re looking for savings, simplicity, or stronger service—bundling could be a win for both your company and your employees.

To learn more, contact the Frost / Beck Insurance Agency.  Call us at 419-592-4476, send an email to frost@frostins.com, or click here  to submit your request today!  Alternatively, stop by and see us at one of our four convenient locations in Archbold, Napoleon, Holgate, or Whitehouse.

Coming next week we will cover how to assist employees with out-of-network claims and appeals.