I am a agent of 10 years with the base of income coming from Medicare sales. I do really well financial wise however I am realistic. How much longer do you think I have till health insurance brokers are no longer needed? Eventually they are going to go to a single pay or universal system. My question is will it be 5 years? 10? 15? Thanks for any input.
Medicare for All?
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They have been trying to get Medicare right since 1966. 50 years and they are not close to a great system. Does anyone really think they can get this right for the entire population? I would not worry about Medicare for all except that members of congress (yes Bernie I'm calling you and others out) are permitted to keep their private insurance after they go into the Medicare system. Private citizens cannot. so there are over 500 members of congress who still want to pretend that they are just like us. Go figure
YAgents is my username i created for a reason over 10 years ago. The sky was falling back then too.
Y Agents?
Because advice will always be needed. The more complicated, the better.
Your income may morph from commissions to fees, but your career will not go away. Remember, financial advisors already went through this transition over the past 2 decades.
There will always be a private market to sell. Medicare or medicaid for all will never happen. It will continue to be a mish mash of programs. Group and medicaid and obamacare ......and medicare are going nowhere. Just more of each.
Y Agents?
Because advice will always be needed. The more complicated, the better.
Your income may morph from commissions to fees, but your career will not go away. Remember, financial advisors already went through this transition over the past 2 decades.
There will always be a private market to sell. Medicare or medicaid for all will never happen. It will continue to be a mish mash of programs. Group and medicaid and obamacare ......and medicare are going nowhere. Just more of each.
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Health care has become very emotional and now is considered part of human rights. We legalized abortion on the same grounds... who in their right mind can't see this coming. Dang... I live in Illinois and as of the 1st we have legalized weed and now are in process of going back and overturning past criminal offenses for same. So much for all the years of "Just say no to Drugs." 
Yeah... it's a bad Idea. Yeah... it's going to kill a lot folks in the process as rationed care becomes even more of thing. And yeah... we are going to eventually do it. (Sooner than you think.) Think about the next voting group... college kids who think Socialism is the next big thing.
I don't like it, but the times are moving fast. People have gotten comfortable voting themselves gifts.
Yeah... it's a bad Idea. Yeah... it's going to kill a lot folks in the process as rationed care becomes even more of thing. And yeah... we are going to eventually do it. (Sooner than you think.) Think about the next voting group... college kids who think Socialism is the next big thing.
I don't like it, but the times are moving fast. People have gotten comfortable voting themselves gifts.
Health care has become very emotional and now is considered part of human rights. We legalized abortion on the same grounds... who in their right mind can't see this coming. Dang... I live in Illinois and as of the 1st we have legalized weed and now are in process of going back and overturning past criminal offenses for same. So much for all the years of "Just say no to Drugs."
Yeah... it's a bad Idea. Yeah... it's going to kill a lot folks in the process as rationed care becomes even more of thing. And yeah... we are going to eventually do it. (Sooner than you think.) Think about the next voting group... college kids who think Socialism is the next big thing.
I don't like it, but the times are moving fast. People have gotten comfortable voting themselves gifts.
“When the people find that they can vote themselves money that will herald the end of the republic.”
― Benjamin Franklin
ChrisHolmesNF
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I do not believe that private insurance carriers will ever be gone. There will always be a market for it!
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I agree.
You can't hold back the tide forever. I think that universal, single-payer, health insurance and the metric system will come to our shores eventually.
I used to think we'd get the metric system first, but I think we'll have something that smells like Medicare for All first.
I just hope I can make it to retirement before they feds shut me down.
I don't know if it will happen in 5 years or 5 decades, but the days of our profession are numbered. And it's not just the feds. We also have to worry about direct to consumer marketing which will soon be turbo-charged by AI and robotics.
I don't want to be like the typical 1970's Detroit auto worker who expected the future to always look like the past.
It won't.
I'm investing money and working on my Plan B business in case I can't invest fast enough.
My Plan B business does not require an insurance license.
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