Advisor strategies

Clients are often surprised to learn they can build up a cash reserve through their policies, says adviser Ari Fischman.

With the market condensing to a few big carriers, such as Anthem, adviser Vinnie Daboul predicts the health insurance system is entering a new phase.

The two leaders may not see eye-to-eye on benefits decisions, says consultant Hugh O’Toole, but with the right message a broker can get through to both.

Clients are often surprised to learn they can build up a cash reserve through their policies, says adviser Ari Fischman.

Features such as insurance portability may appeal to workers, but employers need to work hard to convince employees to go with a move away from group coverage, says Hixme’s Denny Weinberg.

If today’s client isn’t intrigued with what an adviser is sharing on sites like LinkedIn, there is no reason to believe that they’ll be interested in person, says Wendy Keneipp.

Features such as insurance portability may appeal to workers, but employers need to work hard to convince employees to go with a move away from group coverage, says Hixme’s Denny Weinberg.

And Daniel J. Lebish believes advisers are “more and more” ready to succeed in this next phase of the business.

As employers increasingly adopt high-deductible health plans, the need to incentivize employees to contribute to an affiliated health savings account is growing.

Latest calculation finds organizations losing $52.4 billion due to turnover, lost productivity and other expenses that can be tied back to unused vacations.