It's been a rough couple of years for insurance agents – bestcase, health reform will drastically change the way brokers dobusiness; worst case, brokers might have their commissions slashedand find that the new insurance exchanges can quickly and easilyperform many of the services they offer clients now.
Nonetheless, many agents remain optimistic, realizing that withchange comes opportunity – we just need to look for the silverlining. The same can be said for third party administrators.They're certainly not immune from health reform – in fact, somewonder whether they'll have a role going forward.
But, as with brokers, those who look for the opportunities arecertain to find them. Here's a quick rundown of the challenges andthreats to TPAs as well as the opportunities that might help themdo better than ever. First, most people agree flexible spending accounts are taking a hit as a result of thePatient Protection and Affordable Care Act.
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