And it's not like there aren't plenty of other companies to use. In Illinois there are 40-50 companies selling Med Supps. Many of them are within a few cents of each other.
I don't know you, but it's getting harder and harder not to jump through this screen and
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This actually happens more (agents being terminated) in the Medicare Supplement market! MAPD plans DO show us how many polices you have lost each year and we (FMO/NMAs) are called to explain what is going on with said agent. As long as we have a solid explanation, there is no action taken against the agent. For example, X plan lost a major hospital network. X won't penalize agents for moving clients to Z plan who has that hospital. In general, I've seen MAPD plans act very fair. It's the Medigap plans that see a wholesale movement of a book of business at the 6 year mark that raised the alarm!
I have called agents' attention to that clause in their contracts in the past but they all say the companies do not enforce it. I can't disprove that because I have not written Med Sup for several years but I know of times in those days when I had agents terminated for rolling business... and I was a much smaller shop than Todd. I always hear agents saying that they move them because it is in the best interest of the client. But the funny thing is most get rolled at year 7 when the commission rate drops. It is amazing how certain things coincide at times..I don't know you, but it's getting harder and harder not to jump through this screen and
No, I didn't post just "to post about something" and yes, this is a big issue that agents are not aware of. I've tried to call you, you won't answer so I'll air this publicly.
We work with thousands of agents in all states. I realize you are a small shop that works under Amerilife and if you've ever asked your upline they would share with you that agents do get terminated and DNR for rolling cases. As a small agency, you may not see it but don't mislead your following on this site that this does not happen. It most certainly does.
I posted this to alert agents of something they don't take into consideration. I have a huge agent who rolled a lot of Medico over 10 years ago and still has a DNR. He complained that their rates skyrocketed (they did) and it wasn't fair to terminate him...but they did. Once Medico became hot again, he was barred from contracting.
This is also a tactic agencies can use against agents who leave them. Recently an agent left his GA. He moved 10 Mutual of Omaha cases so the GA call MOO and complained. We were notified to talk to the agent or explain he would be terminated, per his contract. Read your contracts, they all have a provision for this. I see if every year and I want this to be something agents consider when a company has a flat year. Without companies to represent, you are out of business fast and no company stays competitive perpetually. Protect your relationships with your carriers. Moving large groups of policies is dangerous to your career.
I don't know you, but it's getting harder and harder not to jump through this screen and
No, I didn't post just "to post about something" and yes, this is a big issue that agents are not aware of. I've tried to call you, you won't answer so I'll air this publicly.
We work with thousands of agents in all states. I realize you are a small shop that works under Amerilife and if you've ever asked your upline they would share with you that agents do get terminated and DNR for rolling cases. As a small agency, you may not see it but don't mislead your following on this site that this does not happen. It most certainly does.
I posted this to alert agents of something they don't take into consideration. I have a huge agent who rolled a lot of Medico over 10 years ago and still has a DNR. He complained that their rates skyrocketed (they did) and it wasn't fair to terminate him...but they did. Once Medico became hot again, he was barred from contracting.
This is also a tactic agencies can use against agents who leave them. Recently an agent left his GA. He moved 10 Mutual of Omaha cases so the GA call MOO and complained. We were notified to talk to the agent or explain he would be terminated, per his contract. Read your contracts, they all have a provision for this. I see if every year and I want this to be something agents consider when a company has a flat year. Without companies to represent, you are out of business fast and no company stays competitive perpetually. Protect your relationships with your carriers. Moving large groups of policies is dangerous to your career.
I don't know you, but it's getting harder and harder not to jump through this screen and
No, I didn't post just "to post about something" and yes, this is a big issue that agents are not aware of. I've tried to call you, you won't answer so I'll air this publicly.
We work with thousands of agents in all states. I realize you are a small shop that works under Amerilife and if you've ever asked your upline they would share with you that agents do get terminated and DNR for rolling cases. As a small agency, you may not see it but don't mislead your following on this site that this does not happen. It most certainly does.
I posted this to alert agents of something they don't take into consideration. I have a huge agent who rolled a lot of Medico over 10 years ago and still has a DNR. He complained that their rates skyrocketed (they did) and it wasn't fair to terminate him...but they did. Once Medico became hot again, he was barred from contracting.
This is also a tactic agencies can use against agents who leave them. Recently an agent left his GA. He moved 10 Mutual of Omaha cases so the GA call MOO and complained. We were notified to talk to the agent or explain he would be terminated, per his contract. Read your contracts, they all have a provision for this. I see if every year and I want this to be something agents consider when a company has a flat year. Without companies to represent, you are out of business fast and no company stays competitive perpetually. Protect your relationships with your carriers. Moving large groups of policies is dangerous to your career.
