Brokers will likely benefit from the uncertainty surrounding U.S. health-care reforms as companies seek their counsel over the new insurance requirements, according to Moodys Investors Service.
Arthur J. Gallaghers (AJG) chief executive says the new federal health-care law is providing excellent opportunity for the brokerageand other big producersas smaller benefit brokers struggle with the statutes various compliance issues.
Arthur J. Gallaghers chief executive says as bad as the new health-care law is, it is providing opportunities for the brokerage as smaller benefit brokers are unable to keep up with compliance issues.
Recent laws have set into motion initiatives that will benefit and simplify the business of health care, and we should be prepared to embrace and accept these as inevitable in P&C.
Although stating that the health care reform law will do more harm than good, Arthur J. Gallagher’s chief executive said one benefit of the law will be to fuel the brokerage’s acquisition strategy.
Florida has shut down its implementation of the health care reform law as a result of a decision earlier in the week by a Pensacola federal judge declaring the law unconstitutional.
Florida has shut down its implementation of the health care reform law as a result of a decision earlier in the week by a Pensacola federal judge declaring the law unconstitutional.
The Obama administration said it plans to fight a federal district court decision that found the health care reform law unconstitutional, while others maintain the ultimate decision will rest with the U.S. Supreme Court.
U.S. District Judge Roger Vinson has issued an order granting summary judgment and declaring the Patient Protection and Affordable Care Act to be unconstitutional.