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
During the opening keynote of the recent NextGen Growth & Leadership Summit in Nashville, Nelson Griswold warned that the benefits industry underestimates the threat of single-payer at its own peril.
On October 16th, the first domino fell. The first state government (the Commonwealth of Kentucky) communicated their decision to discontinue all payroll deductions of voluntary benefits, starting in 2019. In short, this is a watershed event in accelerating the death of traditional payroll deduction.