Assuming the Supreme Court upholds the health care reform law, health insurers will gain $1 trillion in new revenue over the next eight years, according to a Bloomberg Government study. “It’s a confirmation of, one, how much money we’re spending as a nation on health care; and two, how much is riding on this court case and the Supreme Court’s decision,” said Matt Barry, the study’s author. “You’re talking an amount of money here that can affect the economy, not just an industry.” The study found that subsidizing private insurance premiums will cost taxpayers $557 billion through 2020, while the Medicaid expansion will cost the federal government $669 billion. That accounts for 98% of new spending in the law, the report said.
ThinkAdvisor's TechCenter is an educational resource designed to give you a competitive edge by keeping you abreast of new tech innovations and need-to-know information that can be applied to your business.
The Ultimate Guide for Nailing that First Appointment
Are you ready? Here are 10 ways you can grow your production now.
This guide will help your clients save money and make smarter decisions during their retirement.
May 11, 2017
Mega trends continue to impact the wealth management industry. Trends such as new digital competition, increasing compliance standards, fee pressures, and an aging advisor population....
May 03, 2017
Join this complimentary webcast to understand how to better connect with consumers so you can develop high-value packages that work for both sponsors and beneficiaries...
Apr 12, 2017
Energize your firm’s productivity with technology by joining the experts at Envestnet as they share how to increase profitability and gain a competitive edge with...