PDP, Medicare, Part D

dandan

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Can you complete Part D apps on the phone and mail for signature?
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anybody know or is it company specific?
 
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Its illegal to sell any medicare drug plan over the phone you kids should know that! CMS and all of the insurance companies have made it explicit that you have to write those plans in person. Now obviously CMS does not have the means to enforce this so they are now requiring the insurance companies to call and verify a certain percentage of all drug plan apps. I have gotten a number of emails from Coventry the past few days specifically reminding me of all this. Of course the way you get caught is if one of your customers gets a case of the crazies and starts a bunch of crap with medicare over their drug plan and they let it out of the bag that they bought the plan over the phone and boom your in trouble. Now what is the punishment for getting caught I dont know. It might not be that big of a deal to get caught but why break rules and laws just to get a lousy 50 dollar commission? This is all just another good reason why not to mess with medicare drug plans at all. I have not messed with those drug plans at all this current enrollment period and Im finding November and December to be oh so nice! Good riddance to the drug plans and the lousy insurance companies pedaling them.:1arghh:
 
... just to get a lousy 50 dollar commission? This is all just another good reason why not to mess with medicare drug plans at all. I have not messed with those drug plans at all this current enrollment period and Im finding November and December to be oh so nice! Good riddance to the drug plans and the lousy insurance companies pedaling them.:1arghh:

Not sure the 50 dollar commission is accurate in my region. It is more like a whopping $18 - 24 buck nuisance fee. :skeptical:

I have avoided at all cost writing 2010 PDP IED's. I only write the MAPD's and no stand alones PDP's. Most of my biz (over 80%) this AEP is MedSupp's and that is oh so nice! :cool:
 
Its illegal to sell any medicare drug plan over the phone you kids should know that! CMS and all of the insurance companies have made it explicit that you have to write those plans in person. Now obviously CMS does not have the means to enforce this so they are now requiring the insurance companies to call and verify a certain percentage of all drug plan apps. I have gotten a number of emails from Coventry the past few days specifically reminding me of all this. Of course the way you get caught is if one of your customers gets a case of the crazies and starts a bunch of crap with medicare over their drug plan and they let it out of the bag that they bought the plan over the phone and boom your in trouble. Now what is the punishment for getting caught I dont know. It might not be that big of a deal to get caught but why break rules and laws just to get a lousy 50 dollar commission? This is all just another good reason why not to mess with medicare drug plans at all. I have not messed with those drug plans at all this current enrollment period and Im finding November and December to be oh so nice!

YODA said- Good riddance to the drug plans and the lousy insurance companies pedaling them.:1arghh:

You PEDAL a bike and PEDDLE an insurance policy. Boy you are intelligent. You are my insurance hero. I love you man!!! I hope this information helps
 
Yoda.....show me in writing where it says this. I have never read anything about not being able to sell these plans over the phone.

VaDwayne...I thought you were putting him on ignore?
 
Yoda.....show me in writing where it says this. I have never read anything about not being able to sell these plans over the phone.

VaDwayne...I thought you were putting him on ignore?

You're right, I got busy and forgot to do that. thanks for the reminder.
 
You're right, I got busy and forgot to do that. thanks for the reminder.

You're welcome. Really none of my business though. Probably should have kept my mouth shut...long day.

From Ritter Insurance Marketing....

Coventry Submitting Business


Important Information regarding paper applications taken through the mail:
  • Applications can now be sold via the mail as long as the consumer is educated over the phone and full disclosure of all required info is provided.
  • You still need to mail the entire application package.
 
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