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See How Much Commish Your Agent Gets on Medicare.gov
- Thread starter allhealthandlife
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What is the big deal about this?
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allhealthandlife
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Do your customers get to find out out how much commission you make when you sell a FE policy or an annuity? I think it's none of their business how much I make in the private sector
- 15,319
The big deal is because the govt doesn't publish things like what each provider receives from Medicare for each procedure.
CMS is not paying us; private companies are. But I guess it really must help the consumer to know what I make. It's really not profit of course, it's a gross amount. Perhaps CSM would be so kind as to show my expenses for office, phone, gas, etc.
The information itself is not as bad as the fact that CMS thinks it important to disclose it. This issue is just another sign of the nanny state.
Pretty soon it won't matter. Since we all will be working for the same employer, we all will be making the same amount of money.
Spread the wealth. That's what this country is apparently all about in 2010. To socialism and beyond!
Rick
Seems to me that something more worthwhile to publish would be what a plan is paid per member per month rather than what the plan pays independent brokers.
I believe if you look hard enough you can find that information on the CMS site.
it is posted on cms site it is based on regions. the region I am in is $743 a month.
Lee
www.leebenhamassociates.com
Lee
www.leebenhamassociates.com
- 19,650
That seems low. The capitation rate was over $9000 per enrollee last year. That figure comes up to $8900.
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Spread the wealth. That's what this country is apparently all about in 2010. To socialism and beyond!
Boy, ain't that the truth!!
Boy, ain't that the truth!!
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