Insurers Ride Benefits To Higher Profits And Sales

August 13, 2018 by Cyril Tuohy

Insurance executives gushed for months about employee benefits and recast company divisions to take advantage of the accompanying growth potential.

Now that the latest batch of numbers are in, we know why.

Falling unemployment, fatter payrolls, tax reform, rising interest rates and the unsettled future of the Affordable Care Act is boosting benefit lines. More consumers are relying on ancillary benefits to fill gaps in primary medical plans.

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Originally Posted at InsuranceNewsNet on August 13, 2018 by Cyril Tuohy.