The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
A great deal is happening in the voluntary benefits market, as more brokers and carriers enter the space. Growing awareness and increased need point to continued success in voluntary sales.
A great deal is happening in the voluntary benefits market, as more brokers and carriers enter the space, and employers realize supporting overall wellnessphysical, emotional and financialincreases presenteeism and productivity.
Private exchanges for health care coverage and voluntary benefits are off to a strong start, but it's still too early to gauge which model will become the most popularsingle carrier or multiple carrier exchangesor which type of sponsors, if any, will dominate
Self-funding has become increasingly popular among employers. And brokers are needed to help guide their clients should they decide it is the right fit for them.