A Minnesota man, who lost his license to sell insurance in that state in December 2009, has now lost his license to practice in North Dakota as a result.
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.