With 2014 around the corner, brokers need to be thinking about how to keep employers interested in providing benefits coverage, and also about how potential innovations and competitors might impact them in the future, according to an industry panel this week.
Our concern as an industry is if the 160 million [employer-sponsored people] lose coverage the whole system may implode a lot sooner than we may think, said George Duczak, speaking Tuesday at SourceMedias Workplace Benefits Transitions conference in Chicago. Duczak, president of The American Worker Plans, and others outlined next steps for brokers to be wary of with the Affordable Care Acts exchanges in repair mode.