In a talk intended to educate an employer audience about public health insurance exchanges, employee benefits attorney Jeffrey Endick pointed to pros and cons in the Affordable Care Act that established the entities. Endick, principal at Washington-based Slevin & Hart, P.C., opened his address to the International Foundation of Employee Benefit Plans legislative conference by saying, “[Exchanges] really are your competition, there’s no other way to put it.”
His overarching messages to the audience were to think of exchanges as an “alternative to the employer-based system,” remember the “enormous complexity” of the exchanges and think about the extreme amount of money that is and will continue to “flood” into the exchanges.