COLORADO SPRINGS, Colo. – It's a bitter pill for a lot of employee benefits brokers, but shifting their clients' workers to a health insurance exchange may be the right option now that Obamacare appears here to stay.

That was the message Thursday at a presentation at the 2014 Benefits Selling Expo by Scott Mardis, a senior business development consultant at BenefitVault. The Philadelphia-based firm has developed payment technology that allows people to have their insurance premiums deducted from their paycheck and paid directly to carriers.

"The politics (regarding Obamacare) don't matter any longer," Mardis told the audience. "This law is here, at least for now. So the question is how do we drive additional revenue in this day and age?"

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:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 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.