The Greater Washington Foundation of Insurance and Financial Advisors (GWFIFA) is holding its first annual Legacy Award Luncheon March 18 at Congressional Country Club in Bethesda, Md. The awards were formerly known as the Wilner and Meyers/Brandrup Awards.
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.