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Just got this email from UHC... It's gonna be a tough year for new MA agents just getting started this AEP...
Changes to Agent Commissions Payments
UnitedHealthcare is dedicated to providing timely and accurate payments to the agents who sell our plans and we are also committed to maintaining compliance with the Centers for Medicare & Medicaid Services (CMS).
CMS issued guidance on agent compensation requirements for Medicare Advantage and Prescription Drug Plan enrollments for 2015 effective dates. To comply with this change UnitedHealthcare is not permitted to pay commissions in advance (prior to plan effective year) for enrollments with a January 1, 2015 effective date or after; this includes commissions for Open Enrollment Period applications received from October 15-December 7.
NOTE: Commissions for enrollments effective prior to January 1, 2015, including any renewal commissions will be paid according to the current payment process and commissions will be issued 7 to 14 days after an enrollment is verified.
2015 Projected Payments to Be Displayed in Commission Statement
While we are unable to pay commissions in advance for 2015, in our effort to be assist you in managing your applications, you will be able to view your "2015 projected payments" in the "Commissions Statements" section of the UnitedHealthcare Distribution Portal. The 2015 projected payments will be updated weekly on a separate tab on the statement and will provide a cumulative record of all projected enrollments and associated commissions to be paid in early January 2015. ( Note: For Care Improvement Plus plans there will be a report available on the Care Improvement Plus Broker Portal. Sierra plans will maintain its current commissions payment process.)
Changes to Agent Commissions Payments
UnitedHealthcare is dedicated to providing timely and accurate payments to the agents who sell our plans and we are also committed to maintaining compliance with the Centers for Medicare & Medicaid Services (CMS).
CMS issued guidance on agent compensation requirements for Medicare Advantage and Prescription Drug Plan enrollments for 2015 effective dates. To comply with this change UnitedHealthcare is not permitted to pay commissions in advance (prior to plan effective year) for enrollments with a January 1, 2015 effective date or after; this includes commissions for Open Enrollment Period applications received from October 15-December 7.
NOTE: Commissions for enrollments effective prior to January 1, 2015, including any renewal commissions will be paid according to the current payment process and commissions will be issued 7 to 14 days after an enrollment is verified.
2015 Projected Payments to Be Displayed in Commission Statement
While we are unable to pay commissions in advance for 2015, in our effort to be assist you in managing your applications, you will be able to view your "2015 projected payments" in the "Commissions Statements" section of the UnitedHealthcare Distribution Portal. The 2015 projected payments will be updated weekly on a separate tab on the statement and will provide a cumulative record of all projected enrollments and associated commissions to be paid in early January 2015. ( Note: For Care Improvement Plus plans there will be a report available on the Care Improvement Plus Broker Portal. Sierra plans will maintain its current commissions payment process.)
