The number of people who are covered by Health Savings Accounts (HSAs) has reached 10 million, spurred in part by strong growth in the large-group market, according to America’s Health Insurance Plans (AHIP).
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.