After 18 years with Independence Blue Cross, Christopher D. Butler, the insurer’s chief operating officer and executive vice president, announced his retirement.
As the nation braces for the impact of a likely H1N1 pandemic this fall, insurance companies covering Pennsylvania residents and those nationwide are taking steps to cover the administration of a vaccine.
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.