Medicare Advantage Commissions

[PaulR]

I did as suggested and searched 'Parker' on this forum. Got pretty much the information that I feared, unfortunately.

Anyway, I have my next question which will telegraph what I've been doing:

Has anyone on this forum received back-end commissions on 2009 Medicare Advantage plans?

To clarify, I have been told that CMS changed the comp structure for the 2009 season; I have no reason to disbelieve that.

I have also been told that advances are paid on enrollments at 50% until CMS determines that the enrollee is a first timer in a Part C plan. If they determine that the enrollment was a 'like to like' switch, the 50% advance would be the entire commission.

If the enrollee is a first timer, the back-end 50% is released.

Well, this has been going on since November 15 and there have been no dispositions coming from my FMO (guess who?).

So, I repeat: are any of you in a similar situation, and if so, has anything been resolved?

 

[Todd King]

I've gotten my backends from Coventry. No problem with mine, but I do see a lot of agents complaining about not seeing them.
I have an agent in Michigan that was with Parker and Asses some time back and she told me she sold tons of final expense and it just so happens that every one, yes EVERY one of them dropped off the books within months.....hmmm, sounds like they sent someone around to replace them. Hard to say though, I wasn't there and didn't see it, but sure sounds fishy to me!