supersupps
Guru
- 534
An agent friend asked me to post this for advice.
He does a few MA plans in Alabama. about 10 a month.. His FMO pays him direct, not from the carrier. The FMO is a one guy opertation with just a few other agents. A few days ago, he asked my buddy if he could pay him next month because he had a bunch of chargebacks from another agent.. After a few more words, the fmo said , no worries and said he'd mail out the money asap. What to do? I believe there are no other fmo's for this carrier and if there were other fmo's what could he do without alerting the ins carrier and who knows what they'd do. any ideas. I worry about his monthly business and his renewals for MA plans.
He does a few MA plans in Alabama. about 10 a month.. His FMO pays him direct, not from the carrier. The FMO is a one guy opertation with just a few other agents. A few days ago, he asked my buddy if he could pay him next month because he had a bunch of chargebacks from another agent.. After a few more words, the fmo said , no worries and said he'd mail out the money asap. What to do? I believe there are no other fmo's for this carrier and if there were other fmo's what could he do without alerting the ins carrier and who knows what they'd do. any ideas. I worry about his monthly business and his renewals for MA plans.