More than 130 small business owners from around the nation, including three Marylanders, met with lawmakers and federal officials Tuesday (Nov. 3) to address the impact of increasing health insurance costs on their businesses and lives.
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.