Charles A. Moran, a professor at the State University of New York-Cobleskill, was elected to the position of chair-elect for the CFP Board’s board of directors.
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.