Benefits Renewal Guide
Free Guide For Canadian HR Leaders
Renewal shouldn't be the first time you look at your plan.
By mid-year, your plan has six months of utilization data sitting on the table. Our Mid-Year Benefits Review gives you the framework to spot the patterns, ask the right questions, and walk into renewal with a plan, not a surprise.
Get the full guide
Enter your details, and we'll unlock the Mid-Year Benefits review instantly.
FREE DOWNLOAD
4
20
dimensions every plan should be assessed against
diagnotisc questions to surface the gaps
6
months of utilization data ready to use
What's Inside
A structured look across four core dimensions.
A mid-year review assesses how your plan is performing and where the next renewal is likely to push back. The guide breaks into four lenses.
l. Utilization
Are people using the plan?
Where engagement is climbing, where spend is concentrated, and which benefit lines aren't earning their keep.
lll. Cost-effectiveness
Is the plan financially durable?
How engagement affects current and future costs, and where benchmarks sharpen your vendor and design decisions.
ll. Suitability
Does coverage still fit?
Whether the plan still reflects the real needs of your workforce after growth, demographic shifts, and hybrid work.
lV. Compliance
Is everything in order?
The quiet liability layer most plans skip until audit time, from CRA guidelines to the Accessible Canada Act.
A Preview
Four red flags that mean act now, don't wait until your renewal.
Some findings warrant a conversation before the renewal letter arrives. The full guide details each one and levers available to you.
Flag 01
Drug spend is up more than 15% year-over-year.
Flag 02
Turnover is up, and employees haven't been surveyed.
Flag 03
The plan hasn't been reviewed in over 5+ years.
Flag 04
Employees don't know what their benefits cover.
Table of Contents
Twenty questions, four lenses, one clear picture.
- Why the mid-year review matters.
The cost of waiting and what's already visible within 6 months.
- Red flags: when to act before renewal
Four findings that warrant a conversation now.
- The self-assessment framework
Twenty diagnostic questions across four lenses.
- The four dimensions of a benefits review
Utilization, suitability, cost-effectiveness, and compliance.
- Make the mid-year your competitive edge
Closing thoughts and how Sterling can help.
In Short
A renewal you can't predict is a renewal you can't negotiate. Treat the mid-year as the moment to steer, not the moment react.
Walk into renewal with a plan, not a surprise.
Download the free Mid-Year Benefits Review and bring the right questions to your next renewal conversation.
To speak with an advisor directly, call 1+905 467-1198