Does Anyone Know when the Additional Payments for MA Plans Will Be?

[MedSuppPro]

..and who said to sue the federal government ?.....I have a contract with a private company, who is under the eye of the state insurance commisioner.

And just fur the record. There taint a state insurance commissioner whom will nor has the authority to question a Federal program that says "hands off". It's not going to happen!

And I'm with JD as fur as the political nature of this beast. Neither Busch Beer nor Obama Dear are to blame. KERRY WEEMS (former CMS head) and crew are what gave us the big screw!

The governMENTAL people should just send us the full amount and stop playing God with our lives.

 

[Joe H]

The Insurance companies have already been payed.....and they DON'T have to wait to pay first year, matter of fact CMS suggest they make "preliminary payments and then adjust payments as necessary." as stated in:

"CMS Re-Issues Draft 2010 Medicare Advantage, Prescription Drug Plan and Health Plan Call Letter"

Payment of Agents for Enrollments in 2009. In 2009 MAOs and Part D sponsors are required to pay agents and brokers at the renewal commission rates unless the enrollee is newly entitled or enrolled from original Medicare. In the preamble to the November 14, 2008 interim final rule, CMS stated that it will run a report identifying those beneficiaries enrolled in an MA or Prescription Drug plan who were newly entitled or enrolled from original Medicare to determine which agents are entitled to the initial compensation amount.10 CMS has received questions concerning whether MAOs and Part D sponsors may withhold payments to agents and brokers until this report is released. MAOs and Part D sponsors are not required to withhold payment and CMS suggests that MAOs and Part D sponsors make preliminary payments and then adjust payments as necessary.
So call your companies and when they give you the line "waiting on CMS to release" refer to this CMS statement.
Next we need the numbers of regional directors and up....cell numbers would be a trip,lol...i'm sure a few of you have them,lol......
ps. sorry about the text size.....

 

[jerrykramer64fan]

What really burns my butt, is the lie they told us in the first place. Their (CMS)claim that they (CMS) must review the applications to see if it's a IEP before they let, repeat, LET the insurance companies pay us, is absolute bulls!!T. We give the applications to the insurance companies, who in turn review them to make sure there are no typos and such. They immediately forward them to Medicare, which in turn immediately determines the persons eligibility by their Medicare ID number. They know right then and there what the clients Medicare status is. If they didn't know the exact status, they wouldn't let the insurance company issue the policy. It's a complete crock of ...



Oh wait, might not be a good time to be a pirate!

Screw um.

 

[umcorp.pjackson]

I sent the following question to CMS on 4/10/09
Are insurance companies required to wait for verification from CMS in order to release initial year compensation to agents? It is my understanding that CMS knows whether or not a beneficiary is enrolled in another plan at the time of enrollment since they are automatically dis-enrolled if they enroll in another plan.If some other kind of verification is needed when will this take place so that agents can be fairly compensated for their work?
Here's the response for allit means to us agents;:
We understand your concern and have worked to remedy the situation as quickly as possible. On April 28th, we will be releasing to the plans the compensation reports identifying the enrollments that should be paid at the initial compensation rates for January 1, 2009. We will release the reports for February, March, April immediately following the January report as they are generated. By June, we should be on schedule to release the remaining reports at the end of the respective months that they cover. We apologize for the delay and appreciate your patience during this time.

Thank you

 

[insurance0707]

Thanks for the info Pat....I posted that it was June also but your response gives us alot more info

 

[alainssolutions]

Thank you Pat, that was very helpful

 

[Call4Insurance]

I called United Health Care regarding this issue on Friday.
I was told by Agent Services that the "letter" they received from CMS was encripted and they couldnt open it, the sent another request for CMS to please send it again in some "format" and once they can read it they will proceed.
I also contacted my Dept. of Insurance and got an aswering machine.
I cant believe there is nothing we call all do about this ****. I dont remember signing anything that said, I'll sell your plans and then you can f* me out of my commissions. Did anyone sign a paper saying that?
This is a joke and I am just ripped over it.

 

[alainssolutions]

I agree, its discouraging trying to sell because you wonder when you are gonna get paid. I also am contracted through UHC, and I also last week called and their response to me was, they had not heard a word they were still waiting. That is all I ever hear.

 

[MedSuppPro]

Let's all remember that our FMO's continue to do nothing for us on this very important issue. Oh, by the way... our FMO's have already been paid. Yup, they're worthless.

Let's form a UNION!

Do ya think it would be worth payin say 1 or 2% of your gross full commission in order to have an ability to make a decent wage.

 

[Call4Insurance]

My fmo, mcc of tampa says that have not heard anything, sorry. They are worthless.
They cant even help me get an annuity issued but the sure as hell will get paid when it does.
Just not fair