Are You Selling at 0% Commission?

[somarco]

How does one monetize a referral that pays $0 commission? If someone can explain that, I'm in.

sbdrhino, taking commissions out of MLR can be done. Tell the carrier what level of commission you want and ask them to add it on to the premium billing as a separate line item. I believe a few carriers are doing this on small group.

 

[Yagents]

Carriers need to submit rates in April (with or without commissions).
The only ones that can save us now are the democrats.
See, it wouldn't be a great thing to take away their agent on Nov 1st.........
5 days before the prez election.
Somebody needs to knock on Dem doors, in turn will knock on CMS doors, to implement MAPD commission system before next OEP, and really needs to happen before April.

Up to 1/3 of Marketplace apps use a broker

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Seems Alan Katz is on the same page:

The Endangered Individual Health Insurance Market | The Alan Katz Blog

So what can be done? In a presidential election year not much legislatively. Republicans will want to use an imploding individual market as justification for repealing all of the ACA. Senator Bernie Sanders cite this as yet another reason we need “Medicare for all.” Former Secretary of State Hillary Clinton, however, has an incentive to raise the alarm. She wants to build on the ACA. Having it implode just before the November presidential election won’t help her campaign. She needs to get in front of this issue now to demonstrate she understands the issue and concerns, begin mapping out the solution and inoculate herself from whatever happens later this year.

Congress can get in front of the issue now, too. Hearings on what’s happening in the individual market and discussions on how to deal with it would lay the groundwork for meaningful legislative action in 2017. State regulators must take notice of the endangered individual market as well. They have a responsibility to assure competitive markets. They need to examine the levers at their disposal to find creative approaches to keep existing and attract new carriers into the individual market.

 

[somarco]

Up to 1/3 of Marketplace apps use a broker

Shouldn't that be past tense?

Used........

The health insurance market (as we knew it) has been dealt an mortal wound by Obamacrap. It's not coming back.

Group insurance will remain, and possibly even expand.

Medicaid will expand (which was the plan).

The IFP market (as a share) will continue to contract.

 

[ARus]

Some states prohibit fee based business when you're also earning commissions. Guess I need to revisit this . . .

ACA forwards to state law

 

[Tkruger]

ACA forwards to state law

ARus, not picking up what you're putting down. Expand please...