Usual Commission for Selling a Med Sup Policy?

Sep 1, 2015

  1. dbrown
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    dbrown New Member

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    Curious... 19% or 22%. Just Curious... say for like United of Omaha in Colorado?
     
    dbrown, Sep 1, 2015
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  2. YouGotMyMoney
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    YouGotMyMoney Guru

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    I'd be careful of only asking for % , but about FL where we get $210 for AARP medigap, which amounts to 10% commission?
     
  3. midwestbroker
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    midwestbroker Guru

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    I would say 20% seems to be an average. I have seen through the years as low as 9% and as high as 27%.
     
  4. vic120
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    vic120 Guru

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    Every Carrier will be different, Some pay dif % in dif states as well. So asking % you need to be specific Carrier & State.Also your level of experience how much help you need from FMO and if they are providing leads will all be factors
     
    vic120, Sep 2, 2015
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  5. agentjhc
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    agentjhc Guru

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    Is AARP $210 typical everywhere, and $210 for Plan F and N ?
     
    agentjhc, Sep 11, 2015
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  6. Medigap Bill
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    Medigap Bill Super Genius

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    I would say around 20% for Colorado. Although it can change from time to time.

     
  7. GreenSky
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    GreenSky Guru

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    $300 in CA for all plans.

    Rick
     
    GreenSky, Sep 11, 2015
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  8. bpenn9
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    bpenn9 Guru

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    Colorado bites, agent level is $150 for all plans with UHC. Typical med supp commissions are a little lower compared to most other states. Usually around 20% where that same contract in other states will get you 22%. There are a some carriers though that pay full commission for U65 in CO which is nice.
     
    bpenn9, Sep 11, 2015
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  9. axeman462
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    axeman462 Guru

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    $210 is street level for all AARP Plans except K&L, which is $105 in FL
     
  10. GreenSky
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    GreenSky Guru

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    Nope. Not true. $300 in CA., $150 in OR. The $210 might be in many or most states.

    Rick
     
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