Lockton vs 
Mylo: How Do They Compare for Employee Health Benefits?
Lockton's People Solutions places benefit programs and supports engagement, plan design, and program management. Mylo brokers small-group health, dental, and vision coverage and offers an employer phase-in approach.
Lockton fits employers seeking published medical and pharmacy trend data for renewal planning; Mylo fits employers with 2–99 employees who want online enrollment and a year-round HR portal. 1,2
What Are the Key Differences Between Lockton and Mylo Employee Health Benefits?
Lockton publishes a cost benchmark—7.7% U.S. medical and pharmacy trend for 2025 in its Q3 2026 update. Mylo instead makes eligibility and administration concrete with a 2–99 employee band, employee enrollment and an employer HR portal. 1 2
Segment Each Practice Names
Lockton and Mylo both broker employee benefits rather than underwrite them. Lockton’s People Solutions page does not publish a group-size band. Mylo markets the offering to employers with 2 to 99 employees. If your census is outside that band, Mylo’s reviewed offer does not describe serving you; Lockton’s reviewed page does not set that ceiling. Choose Lockton if you want external trend data to frame renewal discussions; choose Mylo if your company has 2–99 employees and wants portal-based benefits administration. 1 2
Research and Plan Mix
Mylo’s reviewed page does not publish market-trend research. Mylo lists health, dental and vision, life and disability, and accident and critical-illness coverage, plus underwritten medical and Health Savings Accounts as cost options. Lockton’s reviewed page does not list those product categories. 1 2
Lockton describes employee experience, total rewards design, and program measurement. Mylo describes employees enrolling online or by phone, an employer HR portal, and a licensed advisor. Mylo also suggests a dental/vision or life/disability start if medical is not yet affordable; Lockton’s reviewed page does not describe that path. 1 2
Neither reviewed page names the issuing carrier. 1 2
What Should You Confirm in Lockton and Mylo Employee Health Benefits Quotes?
- Confirm whether your employee count fits Mylo’s 2–99 range. 2
- Ask Lockton which People Solutions workstream would lead and how published trend data would enter the quote. 1
- Ask Mylo whether the medical option is underwritten and whether an HSA or a non-medical start is on the proposal. 2
- Get carrier names from both brokers. 1 2
Lockton vs Mylo Employee Health Benefits Compared
Lockton vs Mylo: Employee Health Benefits: documented features by provider
| Criteria | Lockton People Solutions Employee Benefits Brokerage | Mylo Small Group Benefits |
|---|---|---|
| Coverage Features | Lockton publishes a quarterly People Solutions Market Update with U.S. health-plan cost data; its Q3 2026 update reported 2025 medical and pharmacy trend at 7.7% year-over-year, following 8% the year before. 1Company-reported. People Solutions page as read 2026-09-23. Cost-trend figures are company-reported market commentary, not a specific client's premium. | Mylo lists health, dental and vision, life and disability, and accident and critical-illness coverage among the benefit categories it can package for a small employer. 2Company-reported. Small group benefits product page; specific plan options depend on the carrier and employer's selection. Mylo says an employer with a healthier workforce may be able to lower health insurance costs with an underwritten health plan, and separately notes that Health Savings Accounts (HSAs) can save money for both employer and employee. 2Company-reported. Small group benefits product page FAQ. |
| Role in This Line | Lockton's People Solutions practice designs and places employee health and benefit programs; the reviewed page describes brokerage and advisory services, not Lockton acting as the benefits underwriter. 1Company-reported. People Solutions page as read 2026-09-23. The page URL for this line moved from the 'employee-benefits' path cited on Lockton's provider record to 'people-solutions'. | Mylo brokers small-group employee benefits by comparing quotes and helping employers assemble a plan, rather than underwriting the benefits itself. 2Company-reported. Small group benefits product page. |
| Risk Services | Lockton describes three service areas for employee benefits clients: employee experience and engagement, total rewards and benefits design, and program management and measurement, aimed at balancing talent attraction and retention against cost control. 1Company-reported. People Solutions page as read 2026-09-23. | Mylo says employees can enroll online or by phone, employers get a year-round HR portal to manage benefits, and a licensed benefits advisor is available to help. 2Company-reported. Small group benefits product page. |
