The owner of a Norristown, Pa., insurance agency faces 43 charges linked to allegations that he stole more than $45,000 from elderly clients in six counties.
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.