We’ve all heard — and are starting to see — some of the dramatic effects the Patient Protection and Affordable Care Act is destined to wreak on our nation’s health care system. Honestly, if there were a movie based on health care reform, it easily could be a remake of “Titanic.”
And according to an editorial posted this week at Forbes.com, a group set to meet Leo DiCaprio’s fate is brokers. Titled “Health insurance agents, RIP,” the commentary by Merrill Matthews, a resident scholar with the Institute for Policy Innovation, states that “the first casualties of ObamaCare … will be health insurance agents.”
Matthews even quotes a broker who agrees with him as saying, ”Once my employer clients hear how [ObamaCare] all fits together, 100% of them have said that they will cancel their group plans, and have their employees utilize subsidized care via the government exchange.”
The death of health insurance agents was as clear as the iceberg that felled the Titanic, Matthews writes, unable to resist an I-told-you-so-jab at the broker community. “Once the health care reform debate got underway, I began to warn health insurance agents … that when Obama referred to administrative waste, he was talking about them.”
Well, thanks Nostradamus.
What do you think, pros? Is Matthews right — are you secretly marking off the days until you can close up your health plans and put employees on their own in the exchanges? Is your broker on a collision course with an iceberg? Or, do you plan to keep both your plan and your agent for the long haul? Share your thoughts in the comments.
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