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Fee-for-Service for Benefits Brokers: It Changes Everything, and It's Coming
Joe Markland
[Opinion] July 13, 2015 "[W]ith Aetna moving to a fee for service model for their small group, and now purchasing Humana ... we may see a much faster move to a fee for service model for all medical insurance sales. Another catalyst may be the upcoming rate battles between the insurance carriers and the Exchanges for the 2016 rates.... Carriers, to get their prices down, may move to the Aetna model of having the employers sign-off on how much they want to pay their broker. If this happens then you will have rapid price competition, something the benefits business has really never seen in the past." MORE >> |
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