Humana MAPD renewal commission does not increase YOY

Oct 20, 2018

  1. sam816
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    sam816 Super Genius

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    I was told by FMO that Humana does not increase renewal commissions for their MAPD plans according to CMS guidelines. In AZ, they are one of the only two carriers do this, and the other one is a rather small carrier, which means if you enrolled someone a few years ago, your PMPM renewal is a couple bucks less what other carriers are paying.

    Several agents I spoke to are not even aware of this.
     
    sam816, Oct 20, 2018
    #1
  2. policywunk
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    policywunk Expert

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    I dont think they ever did this however if you have to switch their plan for 2019 you will start receiving the higher renewal rate.This is the the silver lining of having to switch for what ever reason alot of your clients in to a new plan.
     
  3. Chazm
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    Chazm Guru

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    Humana always pays the max in Florida on new biz. Unless you mean clients that you already have with Humana. I only know of one company who raises your renewals on in force biz and that’s Wellcare.
     
    Chazm, Oct 21, 2018
    #3
  4. Midlevel
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    Aetna/Coventry raises renewals each year. UH does not, surprise surprise.
     
    Midlevel, Oct 22, 2018
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