Humana Commissions

bluemarlin08

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Attended a local meeting with the Humana reps today and they assured all of us that comp will be at least the same or greater than current comp rates.
 
Attended a local meeting with the Humana reps today and they assured all of us that comp will be at least the same or greater than current comp rates.

BlueMarlin, are you certain that they used the word "rate"? If so, that's good new. If they pay 10% now, they'll pay 10% after 2013. Now the only question is will the commission be based on the full monthly premium...like it is now. Thanks for sharing this important information!
-ac
 
They emphasized that it would be at least the 10% we are currently being paid and it would be on the entire premium, subsidy and all. If they notify you of a local meeting be sure to go, I learned quite a bit about their corporate objective, it is focused on the over 65 market but they are using the under 65 market to "shine" and role those into their over 65 products. How much is BS, who knows. I know those in the meeting were really excited that we would be paid in this fashion and on the entire premium. Heard a rumor that a very large local medical center would not be in the Blues network and Humana would have them. Who knows, it would be a huge advantage for Humana if this were so, can't imagine not having them in my network.
 
What state are you in, Marlin?

And, if that's the case, it appears that Humana is trying to compete head-on with the Blues in states where they are participating on- and off-exchange.
 
Humana made a big point of how the entire premium was commission-able at least at current 10%. Now, perhaps they are playing word games, or are just outright lying, but those were their words. This is Tennessee, we aren't always as smart as the average bear, but my hearing aid was turned up during the meeting.
 
The OP used the word "comp" not commission in the post.

I'm sure they used the word "comp" as well.
 
I spoke with my Cigna rep yesterday and was told the same thing, commission based on full premium amount
 
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