lifeismylife76
Super Genius
$601 is new to Medicare or New to Medicare Advantage. $284 for renewals or MAPD to a different MAPD. New to Medicare or Medicare Advantage always pays more.
Medicare - Release from Upline during AEP
- Thread starter LHmedicare
- Start date
$601 is new to Medicare or New to Medicare Advantage. $284 for renewals or MAPD to a different MAPD. New to Medicare or Medicare Advantage always pays more.
lifeismylife76
Super Genius
Every Broker who makes their living selling Medicare Advantage better learn how we get paid! This is not rocket science. Plus, switch FMO’s if you want. Or don’t... always nice to have choices!!
Where are you at that you get 600 buck for an enrollment
Devin01
Guru
- 430
New jersey
It's different in NJ. It's $601 for a new enrollment and should be $301 for renewal. CA pays the same.
- 424
Companies should allow all agents to contract at the exact same level as the highest FMO.
Kb4391
Expert
- 43
I know this was an old post recently brought up again, but I'm not sure how the thought of agents being contracted at the same level as the highest FMO contract makes any sense? An FMO's contract should evaluated to make sure they are holding up their end of the deal, however these contracts are given out because FMO's are ultimately responsible for recruiting, growing sales and taking some of the load off the carrier. Not all in the industry hold up to these standards, but if top level commission was paid to every agent on the street and the carriers had to provide 100 percent of the support to the same agent, ultimately insurance carriers wouldn't be able to stay in business as they would have the same spread on business sold plus have to take on the costs of hiring more customer service reps. They would either have to cut into member benefits/raise premium costs or completely lower the commission for all agents involved to recoup their expenses.
