Hey all,
So it seems that the main purpose of purchasing insurance through an exchange is that it is the only way to get government subsidies.... This is one of our biggest threats since it is becoming more and more apparent that exchanges will provide us the least, if any, comissions.
That being said, it seems that our future depends on the nature of these subsidies-- the magnitude of them, and the amount of income you need to make to qualify for them.
Our insurance business will depend on explaining to people why they will have more benefit from the premiums savings of being out of the exchange compared with the tax benefit of being in one. Since out of exchange plans will be less regulated, its possible there could be some substancially more competetive plans out of the exchange. That will be our savior if true since there will be some tangible reasons to go out the exchange.
Anyone know the details about the subsidies you could share with us?
So it seems that the main purpose of purchasing insurance through an exchange is that it is the only way to get government subsidies.... This is one of our biggest threats since it is becoming more and more apparent that exchanges will provide us the least, if any, comissions.
That being said, it seems that our future depends on the nature of these subsidies-- the magnitude of them, and the amount of income you need to make to qualify for them.
Our insurance business will depend on explaining to people why they will have more benefit from the premiums savings of being out of the exchange compared with the tax benefit of being in one. Since out of exchange plans will be less regulated, its possible there could be some substancially more competetive plans out of the exchange. That will be our savior if true since there will be some tangible reasons to go out the exchange.
Anyone know the details about the subsidies you could share with us?