2009 MAPD - PDP Commissions

[MedSuppPro]

Universal American or Pyramid or Today's Options; (Thanks "Jack M.") I know how some of you feel about UA, but woa, at least they have the b _ _ _s to notify use low life agents.

If your waiting for UnitedWealth or SwellCare it may take a few more days to go through committees and legal departments. Here's a few tid-bits: Yep, Frank can read along with us low lifes (just kidding)

Commissions when a beneficiary changes plans within an organization:

· If an agent sells an MA plan (e.g., HMO) that is in year two of commissions, and then sells a different MA plan (e.g., PFFS) within the same company, the agent will not receive the commission for the new plan (e.g., PFFS). Instead, he/she will receive a renewal commission, which could be a different amount than the commission of the original plan.

Houston, We have a lift off!

 

[jdeasy]

I got a call from another this evening and he said that the deadline had been extended to Oct. 14 by CMS.

Don't know how accurate that is, but, that's what he was told by Humana.

 

[midwestbroker]

I was told by a local carrier that we will know what the commissions are tomorrow...Oct 9th.

 

[montbob]

Probably all of the above including the "something else".

I have it by reliable source it will be Around $500 first year for mapd plans with the same renewal for 6 years divided by 12 and paid monthly.

 

[Frank Stastny]

I have it by reliable source it will be Around $500 first year for mapd plans with the same renewal for 6 years divided by 12 and paid monthly.

I'm sure your source is very reliable, surprised you didn't share it with us, but so are my sources. I think I mentioned that my "go to guy" told me yesterday that he was like 90% sure that the information he had was what the commissions were going to be.

He called me this morning and said that everything was changing.

I hope your source is correct for those who will be selling MA's. However I have been hearing from various "reliable sources" for the last several weeks that they had the final figures.

I still don't think that we will know until the end of the month if then.

Thanks for sharing what you have heard. More specific information would really be appreciated.

 

[The Rabbi]

Aetna is paying $450 for 6 yrs. Sound good to me. I expect the others will do the same. I don't see how this hurts us. We can still move clients to better plans and get the rest of the renewals. If you put them in the right plan to begin with, you'll be better off of course.

 

[GreenSky]

In CA, Aetna is paying $450 for MAPD except PFFS which is $250.

In Los Angeles County, Secure Horizons HMO has no gap for Rx and Aetna's limit is $2,700. Although Aetna's $45 for Part B drugs is great, how many clients would prefer that to no limit on meds?

Last year I sold about 70 of Aetna's PFFS. This year I suspect I'll sell about zero.

Anthem's PPO pays $350 and looks to be my go-to plan for people who don't want an HMO nor want to pay for a supplement.

Rick

 

[hpdorman]

Here's Wisconsin commissions info I just got today - all phone, nothing in writing:

Coventry:
MA/PD $500/yr years 1-6
MA $450/yr years 1-6
PDP $50/yr years 1-6

Aetna:
MA/PD $450/yr years 1-6
MA $415/yr years 1-6
PDP $35/yr years 1-6

Today's Options PFFS:
MA/PD $400/yr years 1-5; $90/yr years 6-10
MA $365/yr years 1-5; $90/yr years 6-10
PDP $40/yr years 1-5

Today's Options PPO:
MA/PD $430/yr years 1-5; $90/yr years 6-10
MA $395/yr years 1-5; $90/yr years 6-10
PDP $40/yr years 1-5

Humana:
MA $350/yr??
MA/PD $400/yr??

United HealthCare:
AARP/Evercare Dual $550 Yr 1; $500/yr yrs 2-5
PFFS (MA and MAPD) $525 Yr 1; $475/yr yrs 2-5
Evercare Crit Illness $450 yr 1; $300/yr yrs 2-5
Evercare Institutional $0
PDP $85/yr

Anthem / BC/BS
MA $300/yr yrs 1-5
MA/PD $350/yr yrs 1-5

 

[retread]

It is good that the commissions are about $500 because you can just about kiss subsequent years goodbye!

(Prediction can be difficult, especially when it involves the future!)

 

[montbob]

I'm sure your source is very reliable, surprised you didn't share it with us, but so are my sources. I think I mentioned that my "go to guy" told me yesterday that he was like 90% sure that the information he had was what the commissions were going to be.

He called me this morning and said that everything was changing.

I hope your source is correct for those who will be selling MA's. However I have been hearing from various "reliable sources" for the last several weeks that they had the final figures.

I still don't think that we will know until the end of the month if then.

Thanks for sharing what you have heard. More specific information would really be appreciated.

United is supposed to release the final plan on commissions tomorrow for ICA's.I'll keep you all posted.