Silverscript Pay - LOA?

Aug 18, 2018

  1. JJ2713
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    JJ2713 Guru

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    FMO is telling me that for Silverscript, I have to be an LOA, which means assigning commissions.

    If SIlverscript only operates this way, then I understand.

    However, please tell me if this is how Silverscript operates or if perhaps the FMO doesn't have the appropriate contract with Silverscript so agents can be paid directly from SIlverscript?

    Do you get paid directly from Silverscript.

    Note - It's the only Medicare contract FMO says has to be LOA, everything is direct pay from carriers.
     
    JJ2713, Aug 18, 2018
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  2. Chazm
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    Chazm Guru

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    Hmm I think I do get paid from Premier on my silverscript only. It’s so small that I never really notice it.
     
    Chazm, Aug 18, 2018
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  3. mickeyma
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    mickeyma Guru

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    SilverScript made me go through a FMO. I chose Ritter Marketing.
     
    Last edited: Aug 18, 2018
    mickeyma, Aug 18, 2018
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  4. goillini52
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    goillini52 KeepAmericaGreat...Eat Bacon & BUILD THAT WALL!!!

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    I chose SMS-Mo, and get paid by Ritter. :err:
     
  5. billyb
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    billyb Guru

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    You are not paid direct by SilverScript.
     
    billyb, Aug 18, 2018
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  6. JJ2713
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    JJ2713 Guru

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    Is SMS a downline of Ritter or something?
     
    JJ2713, Aug 18, 2018
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  7. goillini52
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    goillini52 KeepAmericaGreat...Eat Bacon & BUILD THAT WALL!!!

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    They are for SilverScript.
     
  8. Devin01
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    Devin01 Guru

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    Loa and getting paid on commissions not always same thing .

    Many get paid from an upline on silverscript
     
    Devin01, Aug 19, 2018
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  9. Midlevel
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    They are the only Medicare related Company I have ever had to assign commissions with.
     
    Midlevel, Aug 20, 2018
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  10. Todd King
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    Todd King IMO/FMO Owner

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    LOA (Licensed Only Agent) pretty much means you are assigning your commissions. What else do you think it is if it is not always the same?
     
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