Michael Pignatello, former senior director of human resources for the Stop & Shop grocery store chain volunteers as a resume counselor during a mature worker job fair. (AP Photo/Stephan Savoia)

We already have a pretty good idea about how brokers and agents are feeling about the medical loss ratio provision of PPACA. In two words: not happy.

The provision, designed to make sure the bulk of consumers’ premium dollars will go toward medical care, has swiftly slashed brokers’ and agents’ commissions, as carriers adjust overhead to make room for higher claims payouts.

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