A Nevada man faces one year to four years in prison after entering a guilty plea to a felony insurance charge as part of a scheme to obtain money from his insurer.
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.