Empire BlueCross BlueShield, New York’s largest insurer by medical membership, “significantly expanded” its HMO and PPO/EPO and Indemnity Reference Laboratory networks, according to the company.
Empire BlueCross BlueShield has put into place a new management team, created to focus resources and expertise on specific market segments, according to its president and CEO, Mark Wagar.
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.