2017 – The End of Employer Sponsored Health Insurance?


Health Insurance Broker Contemplates Future

ACA Allows States to Open Exchange To Big Employers in 2017.

Two provisions of the Affordable Care Act gives states the option of opening their exchanges to the large-group market beginning in 2017. (SOURCE: HHS Rule published in the Federal Register, Feb. 27, 2013).

Many employers, tired of jumping through hoops to comply with PPACA and the constant threat of government audits, punishing sanctions, as well as the angst, time and effort of annual renewals, will jump at the chance of dumping their employees onto the public exchange in 2017.

A public exchange with millions of insureds can provide economies of scale beyond the reach of most large employer groups who continue to navigate the troubled waters of today’s health care delivery system. The tortured journey to a safe harbor is only 22 months away.

Those large employers who continue on their own will need expert guidance. Surviving brokerage operations must partner with lawyers, accountants, audit firms, third party administrators, actuaries, technology firms and medical providers to provide employers the support and guidance they need to successfully continue their employee health and welfare plans.

The lone health insurance broker attempting to survive without these partner resources will fail.

Note: RiskManagers.us is an aggregator pooling and managing multiple resources for self-funded employee health and welfare plans.