Its peanuts if they do. I asked a group a few years back that disnt want to touvh MAPD business. Transfering commissions is a total pain in a$$ too. I shut down my corporation 8/2019 and just finished transfering commissions to myself from MAPD. Its not an area most buyers want to proceed. They would much more like ur life insurance renewals book of business.
I know its true bc I tried it a few years back. If its a pain in a$$ now imagine these guys buyn MAPD renewals havn to do certifications or finding somebody to certify. Remember these renewals are not paid unless u take AHIP the rest if ur life plus product training on policies u have on books. If u have 5-10 carriers spread out with clients all those companies require product training each year for u to get paid MAPD renewals. How is some entity going to keep those plates spinning when they just bot ur book. Not as simple as some boast. Do life, dental, med supps.
This is complete, utter bullsh*t.
Wellcare have some questions that are not in the modules. I could not find the answers.
Both of you are successful Medicare agents and know the business so am not surprised you could cruise through in past years (I did the same thing)-anyone who doesn't know Medicare regulations and is trying to use the training material as a basis isn't going to have an easy time. It probably took me about 90 minutes this morning and, as I said, my score was 6-8 points lower than normal. I would not have even passed with 92 had I not taken the time to read and answer each review question within the module. Lots of these questions are easy to answer correctly but there will be 2-3 per set that require careful reading before answering and it seemed like those came up frequently on the final exam.
I also completed the UHC, Aetna, and Humana certifications today-they are pretty easy and Humana has a link about the exam questions to look up the answers before answering. The one that always almost nails me is Wellcare, I don't have the stomach to try that one right now.
