Large-employer health plans are getting recast in the wake of federal health reform and in the midst of an average anticipated cost increase of 8.9%, according to new research.
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.