CIGNA unveiled a new website for insurance brokers who sell health benefit plans to companies with 50 to 250 employees, to help determine which funding option will best fit their clients’ needs.
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.