The Voluntary Benefits Reckoning: Lawsuits, Hidden Commissions & the Fiduciary Wake-Up Call

Transcript

In this episode of The EOB Podcast, Justin Leader and Julie Selesnick pull back the curtain on the explosive Schlichter voluntary benefits lawsuits—and why they could permanently reshape how employers, brokers, and carriers operate.
 
This isn’t legal theory. It’s a real-world warning shot.
 
Justin and Julie unpack how “voluntary” benefits quietly became a multi-billion-dollar profit machine, why hidden commissions and weak loss ratios are now under a microscope, and how many employers may already be sitting on ERISA exposure without realizing it.
 
You’ll learn why the old “employees pay for it, so it’s not our problem” mindset is officially dead—and what a defensible, fiduciary-first approach to benefits actually looks like moving forward.
 
If you’re responsible for employee benefits—or advising those who are—this episode is your early advantage.
Source: https://eobpodcast.com

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