unless we are just first to know, Innovative Financial group is the upline. they aren't small to say the least and they are owned by humana. So idk what to think yet... i just hope its rumors.
I know, that's not where the issue will come... You can sell them all day... however will you be paid is the question... they are saying we wont be paid on mapd plans we sell... however idk if its rumor or factual.. that's why im here.
Medicare Plans have been immune to a hard market until now-carriers are afraid of losses in 2025
Understanding the Persistence of the Property & Casualty Hard Market--This atypical hard market is driven by a ‘quadruple threat’ that features persistent economic and social inflation causing unexpectedly high losses, increased weather-related claims, scarce and costly reinsurance, and low interest rates over the past many years affecting investment income, which is crucial for P&C profitability. [EXTERNAL LINK] - The Persistence of the Property & Casualty Hard Market
from NABIP
WASHINGTON, Nov. 1, 2024 /PRNewswire/ -- This week, both Aetna and Elevance Health (Anthem) announced to agents across multiple markets that they would no longer pay commissions for new enrollments in select Medicare plans, effective November 1, 2024. Some agents and brokers were notified with less than 24 hours' notice, in the middle of Medicare's open enrollment period, creating significant disruption.
from NABIP
WASHINGTON, Nov. 1, 2024 /PRNewswire/ -- This week, both Aetna and Elevance Health (Anthem) announced to agents across multiple markets that they would no longer pay commissions for new enrollments in select Medicare plans, effective November 1, 2024. Some agents and brokers were notified with less than 24 hours' notice, in the middle of Medicare's open enrollment period, creating significant disruption.
