The nation’s largest private employer, Wal-Mart Stores Inc., said it supports President Barack Obama’s plan to force large employers to offer their employees health benefits.
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.