A group representing the nation’s health insurance companies is calling an investigation by the U.S. House into the finances of 52 insurers a “politically motivated, taxpayer financed fishing expedition.”
The Pennsylvania insurance commissioner has deemed the compensation of the chief executives of Highmark Inc. and Independence Blue Cross “reasonable” under state law.
The examination and finding is part of the … Read →
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.