I’m an insurance agency executive. Here's why I have open discussions with employees about healthcare costs

Business Insider | 09-09-2026 11:01am |

Mike Smith, president emeritus of The Brokerage Inc., an insurance marketing organization, advocates for open discussions about healthcare costs between employees and employers. He notes that healthcare inflation is eating into annual raises, and his company's monthly premium per worker doubled to $1,200 over seven years. Smith suggests that ICHRA could give employers budget control and workers more choice.

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