Conference to address Negative Effect of Healthcare Reform on Health Insurance Agents

July 28, 2010 - PRLog -- Healthcare Reform will negatively affect health insurance agents around the country.  Healthcare Reform significantly reduces an insurance agent’s commission on health insurance and in some cases puts health insurance agents out of business. For those agents selling individual insurance, the commission is being reduced to a level that will push many of the agents selling this product out of the business.   Some commissions in the past may have been as high as 22 to 28% on certain individual health insurance products.  Now with a mandatory loss ratio of 85%, these commissions will be reduced significantly.   Commissions may be reduced to a fixed fee; there are even talks of some carriers dropping commissions and setting up a $30 one- time fee.  Group health insurance agents who mainly deal with employers will also have their commissions reduced because of the mandatory 85% loss ratio on groups.  This is a huge difference from the hundreds of dollars a month agents have previously earned.  Insurance carriers are being very quiet about the changes by not mentioning these reductions, hoping to not upset the group insurance agents. Now may be the time for many insurance agents to find supplemental income.
These issues will be addressed at the 1st National Healthcare Reform Conference™, (http://www.healthcarereformconference.com) that takes place September 20-22, 2010 in Los Angeles, and is the first National Healthcare Reform Conference™ of its kind to take place in the US.  Many solutions for health insurance agents will be provided, including how to supplement or replace lost income from health insurance commission reductions.
The conference is organized by the Healthcare Reform Magazine, the only magazine and journal dedicated to healthcare reform and health reform.   The Healthcare Reform Magazine was created as the main source of information for employers, consultants and health insurance agents, insurance companies, healthcare providers, governmental entities and other health insurance and healthcare industry stakeholders.  In the Healthcare Reform Magazine they can learn about healthcare reform and have a central point of education and information for the recently passed healthcare reform as well as to find updates to new rules, regulations and entities. Please visit http://www.healthcarereformmagazine.com for all these updates and much more.
The National Healthcare Reform Conference™ is part of the Employer Healthcare Congress, www.employerhealthcarecongress.com , one of the leading healthcare conferences in the country with a focus on employers.

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1st National Healthcare Reform Conference™, (http://www.healthcarereformconference.com) that takes place September 20-22, 2010 in Los Angeles, and is the first National Healthcare Reform Conference™ to take place in the US.