A Passaic County, N.J., man was placed on probation and ordered to pay $12,140 in restitution to Connecticut General Life Insurance Co. for fraudulently using his father’s insurance plan to obtain prescription pain medicine.
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.