Aetna, the national health insurer, has a new look and logo, which it says “continues its evolution from an insurance carrier to a health solutions company.”
Aetna is hoping its approach to insurance agent and broker commissions in response to changes under the federal health reform law will prove successful.
National health insurer Aetna disappointed its shareholders again with its second quarter numbers, showing a 28% decrease in operating earnings and “significantly higher” commercial medical costs.
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.