Since even before PPACA became law five years ago, brokers have been sweating bullets. And I'll admit, I've been alternatively worried and excited for them over the years. I've honestly gone back and forth a number of times — especially over the last 12 months.
But not until recently have I been worried about the other players in the health care — and insurance — business. This week, while walking the all-too-energetic dog around the neighborhood in the rain, I had an epiphany: This whole business is changing, not just the role of brokers. Hell, in as little as a decade, we might not even recognize this industry.
(It was also then that I recalled a stat from a conference last month — where one of the speakers suggested that by 2025, 90 percent of all businesses will leave the health insurance space. Which sounds more frightening than it is considering how many newcomers are already making waves. Hello, Zenefits.)
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
