AETNA SUPPRESSING PLANS ON NOVEMBER 1st, you won't get paid after that for the plans listed below: MOSTLY MD,VA, NY, AND SOME OTHERS

[InsuranceGuy29]

Then you'll basically be writing nobody but smaller regionals if there even in your area . Devoted's obviously been buying business the last few yrs . It's a matter of time until the hachet falls on them and they retrench big . United although a great company could care less if they had agents . Whether there's agents or not seniors still must have health ins . 95% will buy no matter if there's an agent or not . I agree an agent crazy important to the client . But the client will buy whether direct to company or not . Ive fielded 5 times as many calls this yr than last about " $2k for seniors " facebook ads . Seniors are pressing these buttons and being enrolled . I keep seeing on Facebook about agents uniting to fight the taking shape reduced agent comp . No doubt marketing money was tougher to get this yr . Some carriers made it back end . Let's see your #'s Jan 1st and if you do this many well give you this much per app . Agents are naive to think with this big retrenchment going in everyone not effected

Respectfully, I think you're vastly overstating the average Medicare beneficiary's abilities and knowledge level. I just spoken with 3 people over the last few months who didn't even know what Part A and B were, and they had literally no clue they needed supplemental coverage. We take this stuff for granted because we do it every single day. To the average senior, this stuff might as well be hieroglyphics. A lot of people just get their red, white, and blue card and think they're all good. FAR from.

 

[axeman462]

Respectfully, I think you're vastly overstating the average Medicare beneficiary's abilities and knowledge level. I just spoken with 3 people over the last few months who didn't even know what Part A and B were, and they had literally no clue they needed supplemental coverage. We take this stuff for granted because we do it every single day. To the average senior, this stuff might as well be hieroglyphics. A lot of people just get their red, white, and blue card and think they're all good. FAR from.

lol if I had a dime for every time someone called me up saying "I want plan A B C D with a Part G!"

 

[somarco]

in 2023 they received more enrollments from Medicare.gov and Humana.com than from Agent enrollments.

Not surprising. The big fish can do that because of ad budget and name recognition.

You can add UHC to that list as well. They don't need agents.

 

[somarco]

A lot of people buy a number of things without understanding what they have.

Lack of knowledge does not impede the buying process. In fact, it probably enhances it.

 

[Midlevel]

Our local Vice President of sales at Humana told me point blank to my face 3 months ago Humana is doing everything they can to phase out agents. He said in 2023 they received more enrollments from Medicare.gov and Humana.com than from Agent enrollments.

I'm assuming if we don't get paid the FMO's don't either? Why aren't they stepping up to sue these companies like they did CMS? Funny how earlier in the year we were all getting a huge raise on commissions to now where we get a measly raise and took away all WellCare commissions and several plans not paying at all. Ii's great being at the bottom of the totem pole and doing all the work but getting screwed.

 

[newbie2001]

Ahh touché. Didn't know that.
Humana has a PPO giveback in Fl to compete with their other PPO GB and the new one doesn't pay commissions.
I'm not showing anyone that plan. Once companies realize they don't need us, they won't pay us. I hear of some agents say, "do what's right and you'll be ok." Screw that. I'm not showing MAPD plans that don't pay

Damn Chaz you scared the hell out of me for a minute. Thankfully that plan is not offered in my county because I just sold 3 of Humana's PPO givebacks last week.

The non commissionable is H5216‐452 right? Not the H5216-393?

 

[Chazm]

Damn Chaz you scared the hell out of me for a minute. Thankfully that plan is not offered in my county because I just sold 3 of Humana's PPO givebacks last week.

The non commissionable is H5216‐452 right? Not the H5216-393?

Correct. The 393 isn't new and it's still commissionable

 

[annon123]

They could pay us easily with a damn $1 extra on a copay. With this attitude, you guys are gonna "free market" your way right out of a job.

Because of the $2000 for D though at least with Ds' MOOP that isn't going to get them more money to pay anyone. They'd have to tack the payments on to premiums.

 

[somarco]

Term life insurance is "mostly" bought . . . based on price (premium) more than any other factor . . . permanent life is sold.

MAPD is mostly bought based on price ($0), give backs, add on benefits, low copay, etc . . . Medigap is sold