Claiming his client “earned every penny of his compensation and retirement payments,” the attorney for former CareFirst CEO William Jews is applauding a Baltimore County judge’s decision to award the former executive his full $18 million severance package.
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.