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Carriers want uninformed buyers. More profitable. Just one more reason why carriers cut/eliminated agent commissions.
Sorry, they no longer "need" a reason. The liberals took care of that.
I know you said that in jest, but it was the conservatives who killed your comp. I mean, just how 'liberal' do you think the senior executives of health insurance companies are? Not very!
If the carriers thought that agents were of value and were needed, don't you think they would find a way to pay you better? They pretty much 'own' the Congress and CMS and NAHU. They get what they want... and you get what they want... which is not you!
Most often the market does not lie... at least not for long. If you were of high market value to the carriers you would be paid commensurate with that value.
What are you paid now? What has been the history of your commission rates?
Answer those two questions and you get the answer to the question asked in the title of this thread.
I know you said that in jest, but it was the conservatives who killed your comp. I mean, just how 'liberal' do you think the senior executives of health insurance companies are? Not very!
If the carriers thought that agents were of value and were needed, don't you think they would find a way to pay you better? They pretty much 'own' the Congress and CMS and NAHU. They get what they want... and you get what they want... which is not you!
Most often the market does not lie... at least not for long. If you were of high market value to the carriers you would be paid commensurate with that value.
What are you paid now? What has been the history of your commission rates?
Answer those two questions and you get the answer to the question asked in the title of this thread.
For someone without a stake in this you sure come back and comment anytime a thread is started.
It must be tough to fail in a business and wonder why other agents have done really well in the face of falling compensation and new regulations.
Many of us still have very solid businesses in this market and have achieved that by focusing on the segments that continue to pay reasonable compensation, like Medicare and small group.
We've had plenty of time to transition because 2014 and 2015 were unbelievably great years for most of us.
Our clients continue to depend on us because health insurance is not the same as an airline ticket, it just can't be purchased online without paying attention to the details.
The problem, of course, is that the uninformed only find out when they get sick and aren't pleased with their benefits.
Nylife, Seems u just skipped over my post proving u wrong re: consulting fees. Convenient.