Early Breaking News Aetna Commissions

[YouGotMyMoney]

Wait, I have never written an Aetna case, does that mean I would be at 4%?

 

[djs]

Actually, at 2%, but why do you care?
Wait, there is a bonus for the first app.... An additional 2%. Now, you have to go write it!!!!

Dan

 

[aheff]

Hey Bud - Where are you getting this information?

Reliable sources.
And for those who haven't written Aetna in the past, here in Philly area, Aetna has been stellar.

 

[YouGotMyMoney]

Reliable sources.
And for those who haven't written Aetna in the past, here in Philly area, Aetna has been stellar.

So it's about 4 Aetna apps a month to hit 10%?

Yeah, I think I will pass on that one.

 

[aheff]

If you are not writing 50 apps a year, what are you doing in the ind health insurance market??

 

[Crabcake Johnny]

That's not the point. Many agents write 100 cases but through 3 carriers.

 

[aheff]

I figured as much. For me, the most efficient use of my time is to limit myself to the best 2 carriers, and know their product, underwriting, etc inside and out.

 

[YouGotMyMoney]

That's not the point. Many agents write 100 cases but through 3 carriers.

Correct.

In FL, I write Cigna/Humana/UHC.

I don't write Blue Cross, even though I could "ghost write" under another broker, but ehhh it's not worth it to me.

Aetna is not competitive in FL, thought there may be 1-2 zip codes where they are, ya never know.

 

[mmike160]

Reliable sources.
And for those who haven't written Aetna in the past, here in Philly area, Aetna has been stellar.

I just got confirmation of this...This sucks pretty bad. Renewals are going to 4% year 2 and 3% year 3. Business wrote between 9/1 and 12/31 will be 8%.

Looks like business will be going Blue, here in PA..

 

[Crabcake Johnny]

What's 1st year comp?