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Overview

Zenefits was back in the news this week with the announcement of its free ACA compliance tool. EBA readers comment on the impact this will have on brokers, as well as the impending Cadillac tax:
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‘Not a credible threat’

“Conrad Parker [sic] is not a credible threat to professional benefits brokers. He's just another competitor. There are after all, lots of better tools already on the market than those he offers (a fact he has actually acknowledged publicly).”

Posted by Quentin L

Also see: Has Zenefits raised the bar again for brokers with ACA compliance tool?
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‘A superior offering without the costly burden’

“Zenefits, Namely and Gusto all use their commission revenue to pay for the burden of being a software company, but brokers who choose to find a comparable SaaS offering will find that they can provide a superior offering without the costly burden. So potentially in the near future the question Zenefits might need to ask itself is: Can we compete effectively with brokers?”

Posted by David K

Also see: Achieving Zen with employee benefits: The broker’s changing journey
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‘Democrats want to penalize employers’

“Isn't it amazing that the Dems want to penalize employers for providing top level coverage. So much for championing the middle class. I will recommend that we pass along to employees the cost of the tax in the form of higher employee contributions. And we'll be sure to let them know they can thank the Dems.”

Posted by Vincent P

Also see: Health care premiums up, employers look for Cadillac tax curbing measures
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