Dr. John C. Goodman, who is dubbed “The Father of the Health Savings Account,” provided some blunt but needed insight on the rabid push for health care reform in the recent issue of Health Insurance Underwriter magazine.
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.