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Voluntary benefits are creeping more and more into the everyday dialogue of benefit managers and advisers, but for those just getting involved, partnering with voluntary carriers and other vendors can sometimes be a difficult field to navigate.
August 4 -
In another blow to the health laws federal subsidies this week, the GAO says fake application information successfully yielded subsidy payouts in an undercover investigation. One broker says if consumers are able to obtain subsidies in circumstances where they shouldnt, theyre not going to trust brokers who tell them the truth.
July 23 -
As some brokers continue to wait for their payments, it seems no one carrier is better or worse at this issue across the U.S. What is clear is that advisers who previously worked in group need to learn a new system to track and monitor commissions.
July 23 -
In another blow to President Barack Obamas signature legislation, a three-judge panel on the D.C. Circuit Court of Appeals has ruled in favor of the plaintiff, declaring the laws premium subsidies are invalid in more than two dozen states due to the laws specific language.
July 22 -
While theres a great deal of industry hype about the rise in voluntary sales, some experts say that benefit brokers and advisers are still hesitant to sell it. Heres a way in that one expert views as a way to free up money for voluntary.
July 22 -
Founded by his father on the principle of specialty servicing in 1956, Mike Lewers business model is set to distinguish his brokerage team with post-ACA success for years to come.
July 21 -
The bill that would establish a federal clearinghouse for state-by-state broker and agent licensing has successfully passed the U.S. Senate as an amendment to the Terrorism Risk Insurance Act, known as TRIA. It was previously left off another insurance industry bill at this point in the process.
July 17 -
A proposal up for vote in the most populous state would give the insurance commissioner veto power over health insurance rates, among other things, and has brokers fearful of the trend spreading to other states.
July 17 -
With voluntary benefit sales on the rise, experts in the field discuss the broker mindset on a range of products and the carriers that offer them.
July 15 -
The status of payments to brokers for their work signing up consumers across the nation varies from state to state and broker to broker, with some missing nearly 50% of commissions and others reporting no problems whatsoever.
July 11