New Senate report on agent commissions

[DonP]

Why would ACA agents be moving to Medicare? If your good at ACA you make quite more then in the Medicare field.

Because doing high vol Aca after open enrollment will be near impossible starting in 2026. No more 150% fpl and below flipping . Thats 80% of Aca business outside oep .Also more stringent checking of sep's and income verification. Also with subsidies surely going to be affected in 2026 few people will buy . I read a report 15-20% .The overall persistency in Aca is atrocious unless you work business's or higher income people .

 

[Jim Wright]

Because doing high vol Aca after open enrollment will be near impossible starting in 2026. No more 150% fpl and below flipping . Thats 80% of Aca business outside oep .Also more stringent checking of sep's and income verification. Also with subsidies surely going to be affected in 2026 few people will buy . I read a report 15-20% .The overall persistency in Aca is atrocious unless you work business's or higher income people .

Not everyone writes ACA like that. I work with a lot of brokers that bust it during OEP and coast the rest of the year because their clients are local and real to them. What you're saying is true of call centers but not real people.
Even the ones that "coast" get referrals all year long because they have connections. Lots of pre 65 retirees, spouses not yet Medicare eligible, people who lost a job or Medicaid, etc.

 

[DonP]

Not everyone writes ACA like that. I work with a lot of brokers that bust it during OEP and coast the rest of the year because their clients are local and real to them. What you're saying is true of call centers but not real people.
Even the ones that "coast" get referrals all year long because they have connections. Lots of pre 65 retirees, spouses not yet Medicare eligible, people who lost a job or Medicaid, etc.

I'm not saying that every broker is in that situation but most are . I Bet you 70% of aca vol is 150% or less of fpl . If you work referrals only thats great but few agents can survive on that only . Most need leads and vol. Thats were persistency is terrible