Why are there so many rules to Medicare Advantage??

Dec 19, 2018

  1. Philip Russell
    Offline

    Philip Russell Expert

    Posts:
    58
    Likes Received:
    19
    State:
    Florida
    you could argue it has the opposite effect, wouldn't you think the strict regulation would breed only really experienced agents that were able to handle the aggressive shifts. Reps that arent capable, or not willing to adhering to these shifts, all the while adjusting their processes accordingly, will come out with the wash.
     
  2. somarco
    Offline

    somarco That Medicare Expert Guy

    Posts:
    28,801
    Likes Received:
    2,278
    State:
    Georgia

    Nope.

    Still a bunch of greenies every year, recruited and "trained" right before AEP. Told how easy it is to sit in Walmart and take orders.

    Most will be gone by Feb.
     
    somarco, Dec 22, 2018
    #52
  3. Northeast Agent
    Offline

    Northeast Agent Guru

    Posts:
    372
    Likes Received:
    114
    State:
    Pennsylvania
    InsuranceGuy29, I'm not sure which carrier you're referring to in IL (or another State you cover), but I wouldn't count on the below statement forever:

    Also, one carrier here will accept absolutely anyone for a Med Supp. plan G or F. So, if needed, they can be immediately put on that if things got really bad.


    Horizon BCBS of NJ had GI Med Supp, but that stopped effective December 1st of this year. I know BCBS of IL currently offers it, but for how long is anyone's guess. Something about an upcoming CMS change, is why I heard NJ stopped offering it.
     
  4. Newby
    Offline

    Newby Guru

    Posts:
    14,016
    Likes Received:
    816
    State:
    Indiana
    No. Because they make a lot of rules. But they don’t enforce them well. So it hinders the people who follow rules. And that actually gives the advantage to the people who don’t.

    My opinion anyway.
     
    Newby, Dec 22, 2018
    #54
  5. goillini52
    Offline

    goillini52 BUILD THAT WALL!!!

    Posts:
    17,769
    Likes Received:
    3,865
    State:
    Illinois
    He's referring to BCBS of Illinois. They're GI(no health questions). Have been as long as I can remember(and that goes back a while). The premium's high. I wrote a guy a BCBS Med Supp while he was in the nursing home. :yes:
     
  6. Philip Russell
    Offline

    Philip Russell Expert

    Posts:
    58
    Likes Received:
    19
    State:
    Florida
    They just changed leaving it up to the carriers as of this year I believe...which will probably mean less oversight. So I’m interested to see how it plays out. You can’t be wrong if they don’t keep up with following up or enforcing regardless of whats In place.
     
  7. KavemanKev
    Offline

    KavemanKev New Member

    Posts:
    2
    Likes Received:
    1
    State:
    Florida
    There’s still the issue of being on an MA and then wanting a GI medigap. If the person is in lock-in, they would not be able to disenroll until aep for the following year. Also, is the GI Medigap always going to be GI? That could change in the future. Still it is nice to have a GI Supplement available. Also, I agree that MA plans are attractive to a lot of people.
     
  8. MedicareMillionair
    Online

    MedicareMillionair Guru

    Posts:
    287
    Likes Received:
    235
    State:
    South Carolina
    I’m going to address the last paragraph. It is ridiculous that agents have any fear or worry about selling Medicare Advantage. I’ve been selling Medicare Advantage for a decade and can’t temember the last compliance issue I experienced. Nor do I hear of many agents having issues.

    This fear has been instigated by agents or agencies with big mouth pieces for multiple reasons. Perhaps they sell Medicare Supplements only and therefore have a “MA is is a terrible product” attitude. Some agencies only sell Medicare Supplements, so they are motivated by money. They scare agents away from MA out of greed.

    Funny, some of the biggest offenders now sell MA and recruit for MA. They make stupid statements such as, “I don’t really want to do this, but I want to help the agents do it right”. Hypocrites! They don’t care about agents, only how much money they make.

    It obviously bothers as I’ve met dozens of agents they’ve scared away from selling MA, only to now sell it themselves. To put it another way; they hurt these agents financially out of their sense of self righteousness or just plain greed. So offensive!

    Stop worrying, it’s complete nonsense to do so. Get certified and make some money!
     
    Last edited: Jan 14, 2019
Loading...