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

[jdeasy]

I thought it would be a full commission. I am glad you think the same thing. These people had med. supp with part d and then I moved them to a MAPDP for the first time. I hope cms dosen't screw this up!!

That wasn't an opinion. It is fact that it would be a full commission under the rules unless they were on an MA before the med sup. If it's truly the first time on an MA, it's full first year commission. The caveat is that no one has received the full first commission on anything written since Nov. 15, 2008. No one writing for any company. Even the slam dunk T^% ones written have not been paid. It will not surprise me at all for a new ruling to come down and we will never get paid. Personally, I'm owed the other half on over 70 MA plans. I am not spending that money.

 

[retread]

To address the topic of this thread, I got an announcement from UHC a few minutes ago, saying that since CMS provided the FYC list, they would pay their agents in JUNE. Now isn't that just sweet of them? Hang onto the money as long as they can..... did I hear another UHC agent slam the door as he left? jd, was that you?

 

[Call4Insurance]

I was just informed by United Health Care *cough jerks* that back commissions for ma's will be in mid june. They said they just got notice from CMS to release funds.
Think i'll sell more next oep. NOT

 

[jdeasy]

To address the topic of this thread, I got an announcement from UHC a few minutes ago, saying that since CMS provided the FYC list, they would pay their agents in JUNE. Now isn't that just sweet of them? Hang onto the money as long as they can..... did I hear another UHC agent slam the door as he left? jd, was that you?

I was way ahead of you, Ed. I had already made up my mind before AEP that it was going to be my last one. I didn't take any leads from anyone. I had my list of people to see that I had promised during lock-in. I wrote almost 100 plans during AEP from that list. I did about 20 more from Jan. 1 until mid Feb. I haven't written a single MA since then. I got a call today from a referral wanting an MA plan for a disability Medicare eligible that just got A and B on May 1. I referred them to another agent to go take care of it. I could have written 4 MA plan last week to LIS folks. I referred them all to another agent.

I suppose I've referred about 20 to other agents since I stopped writing MA plans. I run into many more dual eligibles with full Medicaid also that there is nothing to help them with since Wellcare has been put out of business and we don't have any SNP's availabe here. I've had one FMO for Welborn's HMO pestering me for weeks about heading up their new enrollment drive here and I've refused. They then offered to pay me to come in and train agents, {I used to be a certified CMS trainer}, and I refused that offer as well.

Even though I'm not writing MA or PDP business any longer, I still spend about 4 hours per week on the phone handling problems from the ones on the books. It's just too high maintenance for half pay. It's really too much for full pay.

Also, I spend quite a bit of time every week now with my FE clients explaining their MA plans that they bought from someone else and never had them explained. I get many Humana folks that say that Humana gets the $96.40 for their premium and that's how they provide services. That must be the Humana spiel as every Human MA person gives me that story no matter who the agent was. That kind of garbage poisoned the well for those trying to do the right thing.

My life is so much more simple and easy now that I'm only doing FE, life insurance and every now then a med sup. And, more profitable.

I couldn't write Coventry because of Parker and Asses refusal to release. My one year is up in June and I can be released. The Coventry FMO guy in Evansville, In is begging me to write for him once that year is up. I'm not going to re-contract to sell them either.

The thingis, these were great plans here in our area. I know there were problems in other parts of the country, but, here, we had no problems until CMS started messing with every action of the agent and treating us as infidels. The companies didn't stand behind the agents killed the golden goose. There may have been a few rogue agents, but, for the most part, the agents that were making mistakes were doing exactly as they were trained.

 

[may3742]

Yep! Got my notice from UHG as well. Here is what it says:

Congratulations on your recent success! We have just experienced the most successful selling season ever and are now positioning ourselves to maximize the tremendous sales opportunities during the Lock-In and Special Election Periods. We're also actively ramping up for a very successful 2010 selling season in just a few short months.
As you may be aware, the Centers for Medicare & Medicaid Services (CMS) now conducts "true-up" activities in which commissions are recalculated and initial-year commission payments are issued.


CMS has provided UnitedHealthcare with a report of all enrollments with January 1, 2009 effective dates that CMS has deemed "Initial Enrollments" in Medicare Advantage plans. We are currently processing the data and expect to pay initial-year commission adjustments in early June*.
CMS has further informed us that reports detailing the status of policies with effective dates of February 1, March 1 and April 1, 2009, will be released as soon as they are complete. If we receive the additional files in time to process the information, those payments will be included in the early June release. Also, CMS indicated that "true-up" reports will be furnished to UnitedHealthcare on a monthly basis. We will work diligently to process this data as soon as possible once it is received.
Again, thank you for your patience and above all, the exceptional service and value you bring to our consumers every day.
*Important Note: According to your agent contract, any debit balance owed due to commission charge-backs will be recovered by UnitedHealthcare prior to the payment of any commission.

 

[JstBnMe]

Just talked with commissions dept. for Pyramid Todays Options and was told that the rumor of CMS releasing the information to the insurance companies was false info and that they have no info as to when this will take place. Just what I needed to hear. The beat goes on.

 

[Russ]

Just talked with commissions dept. for Pyramid Todays Options and was told that the rumor of CMS releasing the information to the insurance companies was false info and that they have no info as to when this will take place. Just what I needed to hear. The beat goes on.

Pyramid Today's Options is a joke....they don't know sh*t about anything and are terrible at taking care of clients wanting to be EX-clients....i.e., taking almost a year to get someone off of a PAC mode on their MA plan here in Florida.

 

[retread]

Just talked with commissions dept. for Pyramid Todays Options and was told that the rumor of CMS releasing the information to the insurance companies was false info and that they have no info as to when this will take place. Just what I needed to hear. The beat goes on.

It's no rumor. I have a copy of the CMS letter to all carriers.

 

[tiplace.com]

We have been paid MA 1st year commissions on Healthnet, Local HMO, but not Mutual of Omaha, Regence B/C, or Coventry/Advantra PDP's.

 

[jacobtn]

We have been paid MA 1st year commissions on Healthnet, Local HMO, but not Mutual of Omaha, Regence B/C, or Coventry/Advantra PDP's.

sweet...