We don't have universal healthcare (Medicare for all) in the USA yet. I'm fairly certain we are the only developed country without it. It's only a matter of time before it happens.
In fact, I think it will happen during the next Democratic Presidency and Congress (under Democrat majority), whether its after the 2020 election, or 2024 election, etc.).
I can't say for sure, but I don't believe there are any health insurance companies in "healthcare for all" countries that are offering "supplemental coverage" (like Med Supps) or an alternative version (like Medicare Advantage Plans). I'm fairly certain you just pay taxes and the cost is built into the taxes and all of your healthcare is covered.
If this happens in the USA, won't both sides of the Medicare business (Supps and Advantage plans) end? As well as all health insurance in general and all health insurance companies? I think so.
If so, insurance agents in the business will lose all their residuals and won't be able to sell any more since the business of Supps and Advantage Plans is over.
I see people here heavily into Supps and even Advantage Plans; some even ONLY in the Medicare business. All of that will be gone. No more business.
I think the clock is ticking and will run out in a few years.
What's your take?
Every insurance agent will be able to buy their MB can't wait