In an article entitled, “Complexity, cost concern local insurers,” featured in this week’s Baltimore Business Journal, reporter Elizabeth Heubeck writes, “If Scott Golden were a gambling man, he wouldn’t bet on the U.S. government creating a federally-run universal health care system.
“I think Obama is using that as a threat so that the insurance carriers will step up and put in their own price controls,” said Golden, co-founder of the Gaithersburg-based health benefits consulting firm Golden & Cohen.
Given this scenario, Golden envisions insurance carriers saving money by “spending less, giving less to brokers, or requiring that subscribers pay more.” Ultimately, Golden believes, brokers like him will make less money.
Read the entire article here.
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