InsuranceGuy29
Guru
- 578
Like everyone here, I'm just as enraged as all of you. But I think the silver lining here in this insanely evil, greedy, and absolutely unprecedented move to strip hard-working agents of their hard-earned commissions is, we need to start organizing (essentially unionizing, of sorts), gaining political power, keeping a CLOSE eye on these carriers and their executives, and most importantly......I think we need to start making some demands of our own.
Keep in mind, we brokers do have a lot of influence and sway over our clients. My clients are like family to me. I recently relayed what this company did, and they were not pleased at all to hear this. A few of the ones I told are with WellCare. I implore everyone to share the story of what WellCare did to anyone and everyone....your clients, the news media, local politicians, etc.
This is something that really resonates with the average person, because they can easily put themselves in our shoes. We are just small mom and pop business owners that are trying to put food on the table and help people we care about. And then here comes some greedy and evil CEO (yes that's you, MICHAEL CARSON) that decides he's gonna steal our future pay, steal our renewals, and with many of our clients already with his company, apparently we should now do free work servicing them, in his mind. This is literal slave labor.
This puts us in a no-win situation, and was a deliberate trap. He knew what he was doing by offering $0 premium plans. I don't know much about the topic, but I know this has to violate some sort of labor law. Our clients are with them, and we still have to service them and basically work for free, according to MICHAEL CARSON.
What I say we demand when we are meeting with ALL of these insurance companies in these upcoming 2025 rollout meetings is a pledge that renewals will NEVER be touched, under ANY circumstances. Keep in mind, these companies are still compensated VERY well for Medicare Advantage, and competition is still fierce amongst them.
They all want all the people we can bring to them. Those that are actually doing the right thing by the clients and us are the ones that should be rewarded. We want this to simply be a given. ETHICS! These companies make us sign ethics agreements. Great....then how about practicing them YOURSELVES!
Here's your chance to show us you practice what you preach, insurance companies. The same way some of the companies pledged to never have our clients stolen by their own in-house agents, they can do the same with renewals.
If anyone also has any other ideas, please feel free to add them, and I encourage all the dialogue and as much brainstorming as possible. Again, this move was INSANELY greedy and completely unprecedented. Many hard-working agents just lost $20k, 30k, 40k with the swipe of MICHAEL CARSON'S pen. This has to stop. This cannot be something we are worrying about year-after-year.
The message to convey to ALL of these companies is....what we want is untouchable vesting of our EARNED renewals, and we want it IMMEDIATELY. We want an unending contract that is not able to be legally terminated (in regard to our renewals), that states that our existing renewal pay belongs to us and will never be arbitrarily stripped away on the whim of some greedy and evil CEO.
Keep in mind, we brokers do have a lot of influence and sway over our clients. My clients are like family to me. I recently relayed what this company did, and they were not pleased at all to hear this. A few of the ones I told are with WellCare. I implore everyone to share the story of what WellCare did to anyone and everyone....your clients, the news media, local politicians, etc.
This is something that really resonates with the average person, because they can easily put themselves in our shoes. We are just small mom and pop business owners that are trying to put food on the table and help people we care about. And then here comes some greedy and evil CEO (yes that's you, MICHAEL CARSON) that decides he's gonna steal our future pay, steal our renewals, and with many of our clients already with his company, apparently we should now do free work servicing them, in his mind. This is literal slave labor.
This puts us in a no-win situation, and was a deliberate trap. He knew what he was doing by offering $0 premium plans. I don't know much about the topic, but I know this has to violate some sort of labor law. Our clients are with them, and we still have to service them and basically work for free, according to MICHAEL CARSON.
What I say we demand when we are meeting with ALL of these insurance companies in these upcoming 2025 rollout meetings is a pledge that renewals will NEVER be touched, under ANY circumstances. Keep in mind, these companies are still compensated VERY well for Medicare Advantage, and competition is still fierce amongst them.
They all want all the people we can bring to them. Those that are actually doing the right thing by the clients and us are the ones that should be rewarded. We want this to simply be a given. ETHICS! These companies make us sign ethics agreements. Great....then how about practicing them YOURSELVES!
Here's your chance to show us you practice what you preach, insurance companies. The same way some of the companies pledged to never have our clients stolen by their own in-house agents, they can do the same with renewals.
If anyone also has any other ideas, please feel free to add them, and I encourage all the dialogue and as much brainstorming as possible. Again, this move was INSANELY greedy and completely unprecedented. Many hard-working agents just lost $20k, 30k, 40k with the swipe of MICHAEL CARSON'S pen. This has to stop. This cannot be something we are worrying about year-after-year.
The message to convey to ALL of these companies is....what we want is untouchable vesting of our EARNED renewals, and we want it IMMEDIATELY. We want an unending contract that is not able to be legally terminated (in regard to our renewals), that states that our existing renewal pay belongs to us and will never be arbitrarily stripped away on the whim of some greedy and evil CEO.
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