As other state agencies deal with the latest round of budget cuts from Gov. Martin O’Malley, the Maryland Insurance Administration says its “very lean” operation and funding from premium taxes is saving it from further belt-tightening.
See more: budget, furloughs, Karen Barrow, Martin O'Malley, Md. Board of Public Works, MIA, pay cuts
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.

