A majority (78%) of health care executives are focusing on operations to reduce costs next year, a “significant” increase in cost-savings projects since 2010, a new survey says.
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.