The head of the U.S. Justice Department’s Antitrust Division warned health insurers May 24 that deals that expand the market share of a dominant plan will be heavily scrutinized, if not killed.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.