About three months ago, one of my blog postings created a bit of a stir among some local health insurance professionals. These folks, whom I admire for not only their experience but for their well-earned status in the industry, told me that my retelling and questioning of some comments made by a Democratic Pennsylvania state delegate regarding the federal health insurance overhaul law didn’t express his true commitment to work to ensure the viability of the health insurance broker, and that he was a true friend of the industry.
About 40 members of the Pennsylvania chapter of the National Association of Insurance and Financial Advisors visited state legislators in Harrisburg, Pa., Oct. 6, delivering a message of cooperation to politicians embroiled then in the debate over the state’s budget.
Four Pittsburgh insurance and financial advisor associations are co-hosting the 87th annual Quinter G. Colebank Sales Congress and Financial “Four”um Oct. 8.
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.