The former mayor of Niles, Ill. will serve one year and one day in prison after admitting to accepting $421,000 in kickbacks to drive business to a local insurance firm.
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.