Affordable Care Act unkind to consumers, but very good to consultants
Friday, November 01, 2013 10:04 AM
Consumers might be frustrated by the failure of the health-care exchange website created under the Affordable Care Act, but the law has been a boon to consulting firms, Bloomberg Businessweek reported. Health-care advice is now a $10.2 billion industry that's expected to grow 6 percent annually over the next five years, according to research firm IBISWorld. "The status quo is not the status quo anymore," says Tami Simon, a managing director at Buck Consultants, a health-benefits adviser Xerox Corp. Ltd. bought in 2010. "This is the biggest change in the health and welfare world in decades."