Now that the U.S. House of Representatives voted to repeal President Obama’s Patient Protection and Affordable Care Act (PPACA), some in the media are saying that this vote was empty since the Democratic controlled Senate would not concur. I respectfully disagree.
PAHU President Shelly Bloom: “We are still reviewing a 2,700-page bill and conflicting timelines of changes and regulations. I think there have been more questions recently [from members] and we need to wait for the answers from the federal government.”
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.