- 2,908
The list goes on, but the bottom line for us agents, is business will be good.
I think the bottom line is that there will be many, many more people enrolled into insurance plans where the margins are being squeezed harder and harder. More insurance activity does not equate to more business for agents. As discussed many times, many of believe that nationwide guaranteed issue is coming very soon. With guaranteed issue agents are practically not needed and even if they are the commissions are based on a very minimal role for them. Many carriers will get out of the business if they have to participate in guaranteed issue, and those that stay will be highly adept at just getting people to respond to their advertising and then go to their website to enroll.
Don't count on a goldrush for agents or even life as usual.
This is not four years away. It is two or less. The larger health care reform will not be implemented due to cost and size of the effort but guaranteed issue will be something that congress can just require and give the appearance of doing something. The fact that it will be a disaster is irrelevant.