Study: Brokers Make Shopping Easier & Cheaper!

[AllenChicago]

August 22, 2013

""Health insurance agents, feeling threatened by the Affordable Care Act, will welcome research from the University of Minnesota that supports their longstanding argument that agents and brokers make insurance shopping easier and cheaper.
A new paper by economist Pinar Karaca-Mandic and colleagues finds that small employers were more likely to offer medical coverage in markets with many brokers competing for business and offering health plans. “We also find that increased agent/broker competition is associated with lower premiums,” they wrote.""

Full Story: http://capsules.kaiserhealthnews.org/index.php/2013/08/brokers-associated-with-more-cheaper-health-coverage-study-says/

Threatened? Nope! We already know what we bring in the way of value to the marketplace. This increased value is applicable to Individual Family Plan clients as well as the small groups referenced by the study.

-ac

 

[stuy119]

Silly Allen - everyone knows that brokers can't affect prices, only the government can!

 

[houcoogster]

Thank you, thank you, thank you.

Finally a fellow Economist brings light to the darker regions. This is exactly what I was trying to convey in some other posts about enroll america ect. All of those groups have already been paid what is their incentive to kick azz and take names?? None.
And yes we do lower prices....because we sell more of the better value product then the competition comes in line with that.

Thanks for sharing Allen