Divorce lawyers will tell you: Lack of trust and financial problems are among the leading causes of breakups. However, it’s not just romantic relationships that suffer from these issues. Professional partnerships, like the one between a benefit adviser and employer client, are also subject to scrutiny as more employers realize their current benefit configuration and funding mechanism (fully insured, self-funded, etc.) does not align with their long-term goals.
Most benefit advisers agree that today’s health insurance market is evolving faster than they can keep up with. Long gone are the days of set-it-and-forget-it fully insured policies, as more stable and transparent models empower employers to take control of the cost of their insurance. Unfortunately, not all benefit advisers are able to keep up.
