2009 Humana Delegated Agent MA Compensation Plan

Nov 14, 2008

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  1. mcday
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    mcday Super Genius

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    Just downloaded the .pdf from Humana. Here are the highlights:

    First Year Initial Sale - All MA Plans $320 paid first month ($13.33 per month years 2to6)

    First Year Replacment - $160 paid first month ($13.33 per month years 2to6)

    PDP - $50 paid first month ($25 annual renewal)

    *** Download the .pdf from the agent portal for a full explanation.
     
    Last edited: Nov 14, 2008
    mcday, Nov 14, 2008
    #1
  2. scottfree
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    scottfree Super Genius

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    Well they are going to lose a LOT of business!:D:D

    And it will be in my clients best interest to switch.:yes:

    They an O'Tool can kiss my a**!!:yes::biggrin:
     
  3. policy doctor
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    policy doctor Guru

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    Yep...do i hear MUTINY?!
     
  4. patch36
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    patch36 Guru

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    I dropped my exclusive affiliation with them for MA plans today and went back to total independent agent. The commissions are disappointing at best.
     
    patch36, Nov 14, 2008
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  5. theinuranceguy
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    theinuranceguy Guru

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    Regardless of benefits, no agent should be writing their stuff.

    Huck FUmana
     
  6. patch36
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    patch36 Guru

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    In part of the area I work they are the only MA that includes a very good regional major hospital and Drs associated with that hospital in their PPO. I sell it only when that is important to my existing clients. There is a lot of business I could move their way, but after this fiasco, it will only be when absolutely necessary for the client. To not sell it is to push these clients into the arms of a Humana employee agent who is not going to give them any other options, ever.
     
    Last edited: Nov 15, 2008
    patch36, Nov 15, 2008
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  7. retread
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    retread Guru

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    Good for you, Chuck. You are doing the right thing for your client.

    For my part, I am selling Coventry to replace every Humana client I can!
     
    retread, Nov 15, 2008
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  8. insureyou2@
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    me too are you going to enroll them on phone?


    screw humana:mad:
     
  9. patch36
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    patch36 Guru

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    Metoo.


    As far as selling over the phone. I think that should be against the rules, if it is not already. Telemarketing health care and in particular Medicare is to negate the benefit of having an agent. We are already headed that way due to regulation and to promote it or use it as a marketing method only validates the decrease in commissions we are seeing this year.
     
    patch36, Nov 15, 2008
    #9
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