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Obamacare Design Objective - Force those with insurance onto the exchange

Consultant Ninja

The individual market health care exchanges are set up to, in part, enable the the (non-medicaid) poor, sick, and uninsured to get affordable insurance. But for this risk pool to work, you need a bunch of people who can pay insurance and aren''t that sick. Namely, the 10-15M people who are paying for individual plans today.

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Generating Value While Transforming Insurers’ Legacy Technology

BCG

For insurers that are considering a digital transformation of their business, technology is at the heart of the endeavor. Forward-looking insurers first need to alter their approach. See, for example, “Digitizing Customer Journeys and the New Insurance IT Model,” BCG article, August 2016.) Article Thursday, December 08, 2016.

Insiders

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Steps for Getting Started as an Independent Consultant

Successful Independent Consulting

Subcontracting is straightforward because the agency or platform usually sets the rate, carries the insurance, and handles the contracting and billing. You need to add an uplift to cover business expenses, health insurance, and non-billable time.) The drawback, however, is that theyll keep 25-35% of your revenue.

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Ten Factors to Consider Before Jumping into Independent Consulting

Successful Independent Consulting

Benefits – State-sponsored health exchanges have made it possible to get health insurance on your own, but it’s still expensive. Can you manage a higher deductible and possibly reduced coverage?

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Self-Employed? Prep for Tax Season to Save Big

Successful Independent Consulting

Standard business-owner tax deductions include deducting your home office and a portion of your utilities; parking, tolls, and mileage to and from business meetings; books and subscriptions; office supplies, shipping, and postage; retirement contributions, and probably even health insurance premiums on your personal tax return.

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For Sales Signs Soar in Florida Due to Hurricanes, Floods, Insurance

MishTalk

Many Florida homeowners are throwing in the towel on coastal living due to multiple hurricanes and insurance costs. It's a similar setup in California.

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Building a Digital Technology Foundation in Insurance

BCG

Insurers today face a host of digital to-dos if they want to stay competitive—much less gain an advantage on their peers. It can also necessitate a fundamental overhaul of core insurance systems to digitize end-to-end customer journeys and automate decision making in basic functions such as underwriting and claims handling.