Chargeback to Vector?

Dec 29, 2015

  1. PhxSunsFan
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    A friend just got a 6k c/b from an fmo for uhc business. He's annoyed bec this fmo promised him many free leads that never appeared. FMO very anxious to getr repaid. Can this amount ever be settled for less with the fmo? how many months, years etc before this agent can get vectored.. he's in texas
     
  2. JimmyUt
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    What type of business did he write to get a 6k chargeback. Seems excessive.
     
    JimmyUt, Dec 29, 2015
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  3. PhxSunsFan
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    medicare advantage united health care hmo plans
     
  4. GreenSky
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    That's something between 20-30 cancellations. Although I don't have all the information it would appear at first glance that your friend is a crook. Or he could simply be a total moron. But I'm betting "crook."

    How can anyone have that many MA plans cancelled within 3 months of being written? And not have written many more that would have offset the chargebacks?

    Rick
     
    GreenSky, Dec 29, 2015
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  5. vic120
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    at best. But Even a crook or a moran will have some stick which means to have 6 k leftover to pay, Just seems impossible, I am willing to bet the friend is an exaggerator as well as a crook
     
    vic120, Dec 29, 2015
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  6. Glen Shelton
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    6K chargeback on health business? Yeah something isn't adding up.
     
  7. JimmyUt
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    I haven't had 6k in chargebacks the entire time I have written medicare
     
    JimmyUt, Dec 29, 2015
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  8. GreenSky
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    How could you on the 4 policies you've written?

    Rick
     
    GreenSky, Dec 29, 2015
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  9. JimmyUt
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    I hit #5 this AEP
     
    JimmyUt, Dec 29, 2015
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  10. TDFnCali
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    Jimmy, u had to know that was coming from Rick, SAI or someone right? I read it & thought "whos going to be 1st to say he does write enough biz?"

    :err::twitchy::goofy:
     
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