Joe Boyle, ClearFile’s President, was quoted in a BenefitsPRO article about the upcoming 2024 elections and their potential impact on the employee benefits landscape. Joe was quoted throughout the article, and the reporter also mentioned ClearFile’s intelligent SaaS solution that simplifies the complex regulatory filing process.

Here are the excerpts where Joe was quoted:

Joe Boyle, president of ClearFile, sees both challenges and opportunities in the election outcome.

“Newly elected officials are likely to enact federally and state-mandated benefit changes, which will result in cost implications on members and potential off-cycle shifts and midyear changes affecting internal business processes,” he says. “Despite the complexities this will cause, I am excited for the opportunity to create and support new insurance products that may emerge as a result of alternative health care options provided by insurers in response to new policies.”

Other sources in the article gave their opinions on what would happen depending on which parties control the Senate and the House of Representatives. Joe brought things a little closer to home.

In addition to high-profile national races, it’s important to remember that state and local elections also have significant impacts on benefits advisors across the country and the employers with whom they work. Boyle’s company, which created an SaaS platform called ClearFile, tracks every health care policy change across all 50 states and U.S. domestic territories.

“While it’s challenging to stay on top of each bill, it’s essential for the public to be aware of what’s happening locally,” he says. “I would always advise people to ‘know before you vote,’ because local lawmaking can sometimes be vague and open to interpretation. See what stakeholders in your local area are saying about a particular proposed policy.”

The third quote in the article from Joe is some common-sense advice.

“My advice to advisors is simple: Get ahead of changes,” Boyle says. “Don’t just react. It’s key to anticipate new policies before they take effect. Understand your demographic, whether you are working with cost-conscious groups, executive groups or working-class groups.”