What do 1995, 2003, 2009 and 2010 all have in common? They were the launch years of industry transformers: Amazon, Skype, Uber and the Patient Protection and Affordable Care Act. Amazon transformed retail, Skype transformed long distance calling, Uber is transforming urban transportation and the ACA is transforming health insurance. Disrupt or be disrupted. Are you disrupting the way you do business, taking a wait-and-see approach, or waiting for someone to disrupt it for you?
I recently attended the National Association of Health Underwriters annual convention in New Orleans with more than 800 other brokers, producers and agents from all across our great country. I talked with many of the attendees about their perspectives on Obamacare and how it has changed their world. Many of them said they were making less money, having less fun and working longer hours. They also expressed frustration with Obamacares focus on insurance regulation rather than the real challenge of rising health care costs.
