After more than a year of debate, Washington, D.C., has put its punctuation mark on federal health reform, but for many agents’ groups, it appears to be less of a period and more of a question mark.
John T. Scott has been installed as president of the Virginia Association of Health Underwriters, the leader of a board of directors that will serve through June 2010.
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.