IFP Going Up? / Agents Out of Business?

[AgencyEquity]

AgencyEquity.com just released an exclusive article on this and we do feel there is room for the benefits agency, you can read this at...
PPACA Ruling: What’s In It for Agency Principals? | AgencyEquity.com

Here is some food for though for the very long run. The reality is, states are running out of money, they will not be able to fund it in it's current form, even with the additional taxes of income over 250k. Actually I feel the tax will hurt the economy so much, lesser aggregate tax revenues will be collect from this. Things catch up, there is no such thing as free lunch. Hawaii tried to socialize health insurance for all minors, the program went out of business in just six months!

One last note, our current leadership is totally inept on economic issues, the American voters really needs to get it right this time, we all need to educate them as well as donate to candidates who get it and understand how great our free markets are - government has failed at almost everything it's done. Our military is risking their lives to keep communism and other dangerous forms of government off our shores - the broker communities needs to fight right alongside, risking and donating to causes that is going to fight for us is peanuts compared to risking your life. Please do what you can, otherwise another 4 year of what we currently have will destroy America as we know it.
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I should further state, the trend in M&A is that larger benefits firms are buying up smaller benefits firms - the larger firms are extremely careful on their Acquisitions, they have professional staff just to make these acquisitions and an acquisition must have a future return on investment or they don't make it. These people are very good at that they do and don't make many errors.

 

[somarco]

Equity, your response is way over the top.

As long as the Treasury is willing to buy more debt, SS can be funded with promissory notes, and future generations are willing to be tax slaves, Obamacare will work.

Of course let's not forget the Republicans want everyone to die, so there will be very little need for universal health insurance. It is entirely possible the big increase in the death rate will not put the $255 SS death benefit in the hole.

 

[bobson]

One of the more popular ideas being discussed is to give workers a lump sum, or defined contribution, and then let them use that money to buy their own individual health plan.

One of the biggest obstacles has been the lack of guaranteed coverage for workers in the private market.

I know plenty of people that cash out their retirement contribution every year. Why wouldn't they just blow the health insurance contribution?

 

[Yagents]

I know plenty of people that cash out their retirement contribution every year. Why wouldn't they just blow the health insurance contribution?

It's a reimbursement to the employee once they show proof to the employer of paid premiums