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
Kristen Smithberg is a Colorado-based freelance writer who covers commercial real estate, insurance, benefits and retirement topics for BenefitsPRO and other industry publications.
Increased security on pharmacy benefit managers (PBMs) as well as state and federal action to rein in their influence could have impacts across a variety of stakeholders in the health care system, including patients, PBMs, pharmacies, health care plans and manufacturers.
Meanwhile, 63% expect inflation to worsen their financial situation and make everyday necessities less affordable, and 54% say debt is increasing their stress.
Advisors should view this as an opportunity to deliver thoughtful retirement income strategies to clients and help them resist common behavioral tendencies.