PCBI
Guru
- 484
Fellow agents,
This is a crucial and mandatory issue that many agents oversee. Whether u have 5 clients or 500 clients each year before u talk to any of them regarding AEP they MUST sign a Scope of Appointment form (every year!!) Most carriers require SOA with application, but this does NOT completely absolve the agent that just wants to “check in” with their book of MAPD. You cannot just call ur clients and talk MAPD options a NEW SOA MUST be sent prior to contacting them.
I know this is crazy to send out 500 return letters w signatures for u big boys writing big numbers. But, this is a govt subsidized program and they will enforce removal of commissions on violations.
Sincerely thank
CMS
This is a crucial and mandatory issue that many agents oversee. Whether u have 5 clients or 500 clients each year before u talk to any of them regarding AEP they MUST sign a Scope of Appointment form (every year!!) Most carriers require SOA with application, but this does NOT completely absolve the agent that just wants to “check in” with their book of MAPD. You cannot just call ur clients and talk MAPD options a NEW SOA MUST be sent prior to contacting them.
I know this is crazy to send out 500 return letters w signatures for u big boys writing big numbers. But, this is a govt subsidized program and they will enforce removal of commissions on violations.
Sincerely thank
CMS