We’re officially past the halfway mark of the year — and that makes now the perfect time for a mid-year benefits checkup. Whether your renewal season is weeks away or still on the horizon, reviewing your benefits strategy now gives you time to make smart changes without the last-minute scramble.
At Cypress Benefit Solutions, we help employers prepare early so they can renew with confidence, improve employee satisfaction, and control costs. Here’s how you can do the same.
Why Mid-Year Is the Right Time to Review
- 📉 Too late, and you’re stuck with another year of the same issues.
- ⏳ Too early, and you may not have enough real-time data.
Right now, you’re in the sweet spot. You’ve likely seen how your current plan is performing, gathered employee feedback, and noticed whether engagement is strong — or slipping.
What to Evaluate in Your Mid-Year Checkup
1. Employee Feedback & Usage Trends
Are employees actually using the benefits you’re offering? Are they confused, frustrated, or disengaged? Watch for complaints about cost, access, or understanding.
2. Cost & Renewal Projections
Are premiums rising? Are claims higher than expected? Now’s the time to explore cost-saving options like level-funded plans, contribution strategy adjustments, or carrier negotiation.
3. Benefits Mix
Are your offerings still aligned with your workforce? Consider adding voluntary benefits or mental health support if you’ve had changes in demographics or turnover.
4. Compliance & Reporting Readiness
Are you on track with ACA, COBRA, and 1095 prep? Mid-year is a great time to audit your process and avoid year-end surprises.
5. Technology & Communication
Is your enrollment process modern and mobile-friendly? If employees are confused during onboarding or renewal, your benefits experience might be costing you trust — and talent.
Fix Now, Thrive Later
Mid-year isn’t just about spotting issues — it’s your chance to fix them before renewal season hits.
Small changes now can lead to:
- Lower renewal increases
- Higher employee satisfaction
- Smoother onboarding and open enrollment
- A better overall return on your benefits investment
Need Help Reviewing Your Benefits?
We make mid-year checkups simple. From plan benchmarking to employee engagement analysis, our team can help you make informed adjustments before it’s too late.
