Trying to avoid the public backlash it received during the last round of executive bonuses, American International Group is seeking the government’s approval for a new round of payouts.
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.