New Senate report on agent commissions

[EckoRomeo]

It's all the soft money in particular that's at risk. I wouldn't bet on anyone protecting it. Frankly it's not even clear how much of it's legal in the first place.

And soft money is the root of all the problems outlined in that report. Call centers can't cash flow without it, nor can the churn and burn agents. Though not a panacea eliminating soft money most be part of the solution.

 

[Special Agent]

And soft money is the root of all the problems outlined in that report. Call centers can't cash flow without it, nor can the churn and burn agents. Though not a panacea eliminating soft money most be part of the solution.

pay as earned will also get rid of a lot of the riff raff and fly by nights.

 

[EckoRomeo]

pay as earned will also get rid of a lot of the riff raff and fly by nights.

ACA is paid as earned and they have the same problems, if not to a worse degree. Last year I meet a T65 who had her ACA plan flipped every single month for 5-6 months straight until her Medicare started. As earned favors the well capitalized, not the most ethical.

 

[Medicare bro]

And soft money is the root of all the problems outlined in that report. Call centers can't cash flow without it, nor can the churn and burn agents. Though not a panacea eliminating soft money most be part of the solution.

Agreed! Let agents get contracted directly with carriers. Eliminate call centers and FMOs.