Mutual of Omaha Commission Changes Roll out Effective July 1st

Jul 1, 2019

  1. Northeast Agent
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    Northeast Agent Guru

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    Mutual of Omaha will be INCREASING Medicare Supplement compensation by 4% on Plans N, High Deductible F and High Deductible G. Compensation will be increasing for Policy Years 1 through 6.

    The following states will be EXCLUDED from this change: Indiana, Minnesota, Montana, New York, Washington and Wisconsin.

    Compensation on Guaranteed Issue business in some states will be decreasing from 2% in Years 1 through 6 to 0.5% in Year 1 and 1.25% in Years 2 through 6. This change impacts ALL plans.

    The following states will be EXCLUDED from this change: Colorado, Connecticut, Washing D.C., Florida, Illinois, Indiana, Maine, Minnesota, Missouri, Montana, New Hampshire, New York, Oregon, Rhode Island, South Carolina, Tennessee, Vermont, Washington and Wisconsin.

    The Part B offset (the amount subtracted from the commission-able premium on plans that cover the Part B Deductible) will be increasing from $150 to $200.*

    This impacts ALL states, except: Indiana and Washington, where there is no Part B offset, and Florida, where the offset will increase from $150 to $170.*
    [​IMG]
     
  2. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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    Doesn't affect me, because I personally would never represent MOFO. :nah:

    They're increasing the commissions on the policies they won't sell that much. :yes:

    That always pissed me off when they deduct more that what the Part B deductible is. Just another way to screw the agent out of a few more bucks(for those that still sell Plan F). :mad:
     
    Last edited: Jul 1, 2019
  3. somarco
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    somarco GA Medicare Expert

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    Solicitation call AND email from the same IMO re MOO. Told them to stop calling, emailing. Said I would never ever ever ever writh ANYTHING with MOO.

    Based on the response I think I made an impression.
     
    somarco, Jul 1, 2019
    #3
  4. Hopes
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    Hopes Super Genius

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    They have to pay for all those cool gadgets they send agents not to mention the Omaha steaks you can "earn" through sales.
     
    Hopes, Jul 2, 2019
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  5. somarco
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    somarco GA Medicare Expert

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    Are those steaks from the Wild Kingdom?

     
    somarco, Jul 2, 2019
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  6. Hopes
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    Hopes Super Genius

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    Is that what I bought into all those years back? I split a case with a co-worker and the color wasn't appealing so that what the last time. I did eat it all, as I recall. Maybe I didn't notice the difference in taste since I've eaten wildebeast.
     
    Hopes, Jul 2, 2019
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  7. somarco
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    somarco GA Medicare Expert

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    Does it taste like chicken?
     
    somarco, Jul 2, 2019
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  8. Hopes
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    Hopes Super Genius

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    Eveything tastes like chicken, including frog legs. I'm beginning to think I'm too willing to try different "foods".
     
    Hopes, Jul 2, 2019
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  9. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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    Bacon doesn't taste like chicken. :no:
     
  10. Hopes
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    Hopes Super Genius

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    And that's why I love bacon. I am a proper southern girl, after all.
     
    Hopes, Jul 2, 2019
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