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Another week has gone by and still no offical 2009 MA commisions posted. So far I've only heard rumors about Covertry and Humana commisions but nothing for United Health Care or Wellcare.
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I saw Coventry somewhere and believe its $400 for MA and $50 for PDP.Another week has gone by and still no offical 2009 MA commisions posted. So far I've only heard rumors about Covertry and Humana commisions but nothing for United Health Care or Wellcare.
I saw Coventry somewhere and believe its $400 for MA and $50 for PDP.
UHC posted today. Depending on the state, MA is about $500 and PDP $85.
These are new and renewal.
Rick
"Street level" for Coventry is $500 both new and renewal.
That's exactly what I think is happening. Companies are panicking and are worried about hitting their "numbers." By raising the commission levels they are almost asking agents to churn as much as possible.It seems to me that "churning" is not being addressed by raising commissions. Also noted is that virtually ALL MAOs are matching street level.
My conclusion is that perhaps an anticipated sales slow-down is prompting the raise. What do you think? Are your MA sales expectations for the upcoming AEP looking up or down?
Businesses don't hand out raises for nothing. I think the competition for MA sales is getting tighter, and I expect to have to work harder to get them.
I still think it will be the end of the month before we hear anything.
Frank... you need batteries for your hearing aids again!