Massachusetts Mutual Life Insurance Co. has reached what it called a milestone as it has now more than 5,000 financial professionals working for it in communities across the U.S.
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.