Thank you Sman. Finally someone who appreciates where we as agents have come from. Back in the 90's we were getting paid $50 for enrolling a person into an MA. And we were ecstatic!
As for after six years all you need to do is sell your book of business and buy a new one and then you can be the servicing agent for another six years.Its a shame I know, but that is the only solutions I can think of.
Not sure I understand the selling the book of business statement. CMS isn't going to allow commissions on a beneficiary if they've been enrolled in any plan (regardless of carrier) for 6 years. After that, these beneficiaries will be on their own.
Just got off the phone with a lady who was very frustrated and confused. She said, "you don't know how happy I am to find someone who understands all of this and can make sense of it". I told her not to get used to it because in a few years we won't be getting paid to do it thanks to CMS. She then said, "Oh, I will gladly pay you to handle it for me". Looks like it's time to start a consulting business.
