Minnesota’s attorney general has filed lawsuits against two Texas-based companies she said exploited thousands of residents who have difficulty finding affordable health insurance by selling them “health discount” plans.
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.