Mutual decision? Hmm, I wonder which company first proposed ending this match.
Mutual of Omaha and Wellcare ending cobranding MAPD relationship
- Thread starter pogo
- Start date
It's the beginning of much chaos coming to the Medicare agent . Allstate just canned their med sup product that was popular . I see a lot of complacency among Medicare agents like " nothing will affect my commissions" . They better talk to P@c agents . State Farm didn't blink and eye pulling all homeowners out of fla yrs ago and now about to blow out of California . Those agents left high and dry . It's all about profit and any agent in the way will be run over
- 31,287
It was?
I've yet to run into anyone with an Allstate Med Supp. According to CSG data, they 3,729 lives in my state and 57,351 nationwide which is 0.22% market share. Hardly "popular".
I came across quite a few folks whose MAPDs were exiting the market at the end of last year who enrolled in Allstate Plan G supps with GI rights. Apparently, in some states anyway, they had very competitive rates and paid full commish for GI. Of course, that's probably why they're getting out - all that GI business they wrote for very unhealthy people last year.
Well that's one way to sink the ship. Apparently it worked.
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