Dr. Oz says commission churning for MA plan is big issue

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Do any of these cabinet members have a clue about the departments they run.?anywho this doesn't bode well for us agents. The new admin isn't making ME richer that's for sure

my 40lk zonk
my SS zonk
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my grocery prices zonk


3 hour 12 minutes talks about commish


 
funny that dr oz sold MA plans on his show and even got licensed as an agent.I see he needs to do is CE soon .lol


Licensee Detail

License #:
W814200
Full Name:
OZ, MEHMET
Business Address:
14 EDGEWATER RD
CLIFFSIDE PARK, NJ 070102805
Mailing Address:
14 EDGEWATER RD
CLIFFSIDE PARK, NJ 070102805
Email:
MEHMETOZ@ME.COM
Phone:
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NPN #:
19395741

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CE Due Date:
6/30/2026
Continuing Education Status:
In Progress
Number of Hours Required:
24
Number of Hours Complete
 
Do any of these cabinet members have a clue about the departments they run.?anywho this doesn't bode well for us agents. The new admin isn't making ME richer that's for sure

my 40lk zonk
my SS zonk
my book of business zonk
my grocery prices zonk


3 hour 12 minutes talks about commish



He needs to look up the definition of churning. It would be different if we got paid something extra for moving clients from one plan to another. Entirely different when we get the same commission regardless of whether they stay put or move to a new plan.

And as we all know, sometimes a change is warranted. Cost of a medication increases drastically on their current plan. Their doctor is no longer in the network of their current plan. Copays for medical services increase on their current plan.
 
See link at end of my comment. Go to the 3 hour 12 minute mark.

Not sure how much I'd read into his answer except that he agrees there are marketing abuses, things aren't getting better, and CMS is unlikely to give anyone a free pass.

Follow the rules and turn in those who don't. And if you run a Medicare Advantage call center, know they're coming after you. I hope the independent local agents aren't shot in the crossfire.

 
See link at end of my comment. Go to the 3 hour 12 minute mark.

Not sure how much I'd read into his answer except that he agrees there are marketing abuses, things aren't getting better, and CMS is unlikely to give anyone a free pass.

Follow the rules and turn in those who don't. And if you run a Medicare Advantage call center, know they're coming after you. I hope the independent local agents aren't shot in the crossfire.



If you own a big call center you may have friends in high places and that is the key to success in this administration
 
I don't see anything wrong with the comment he made about agent commission.

I am paraphrasing but he basically said......

when asked what he thinks is the biggest abuses' in private insurance sector- he said Medicare advantage sales -brokers churning

said i think there is too many brokers

said he think a multi year enrollment would help cut out what is paid to middle men AKA agents

said he thinks some of that " extra money " that that is paid to MA plans to chase enrollment is wasteful and should be given back to the people

other than that it paints a rosy picture for us.
 
I am paraphrasing but he basically said......

when asked what he thinks is the biggest abuses' in private insurance sector- he said Medicare advantage sales -brokers churning

said i think there is too many brokers

said he think a multi year enrollment would help cut out what is paid to middle men AKA agents

said he thinks some of that " extra money " that that is paid to MA plans to chase enrollment is wasteful and should be given back to the people

other than that it paints a rosy picture for us.
I think he was more talking about call centers and how there's too many agents in call centers that are receiving funds to call people in insurance them. I also think that having a two or three year commitment would be an ideal thing for a local agent because the retention rate would be a lot better that's just my opinion. He really didn't say much to Tell me whether it is that good with what he said that was just my interpretation of it.
 
I think he was more talking about call centers and how there's too many agents in call centers that are receiving funds to call people in insurance them. I also think that having a two or three year commitment would be an ideal thing for a local agent because the retention rate would be a lot better that's just my opinion. He really didn't say much to Tell me whether it is that good with what he said that was just my interpretation of it.

If he thinks there are too many brokers they are not going to get rid of the big call centers- they are going to get rid of the independent brokers and say we terminated 30k agent blah blah blah and call it a big win when they post on DOGE we saved Amurika 400 million on termed agent renewals ( they will probably says it's 4 billion though) but their corporate buddies that own call centers are safe in fact i bet dr lizard oz already has a back channel deal with a large FMO since corrupt government dealings are out in the open now anyway. He is a licensed insurance agent-you can't trust anything he says for crying out loud.lol
 
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