MSLLC
Expert
- 23
Anyone else hearing the same rumors?
Renewals will still be paid
Renewals will still be paid
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What? Do they want out of the PDP business? There will be some that won't suggest them even if their rate/total cost is the best choice for the client if they are going to charge us to provide them with clients.It's worse than that - the rumor I heard is that we're going to have to start paying a Broker Fee to write UHC PDPs.
What exactly is the "PDP business" you are referring to? I assumed it was a loss leader to have people to market advantage plans to. If the carriers are reducing exposure to advantage plans, why would they pay you to sell a PDP plan?What? Do they want out of the PDP business? There will be some that won't suggest them even if their rate/total cost is the best choice for the client if they are going to charge us to provide them with clients.
Anyone else hearing the same rumors?
Renewals will still be paid
it is the industry trend that is concerning. how many of my clients have UHC for Part D is irrelevant to mehaven't sold them for pdp in years.
haven't sold them for pdp in years.
I heard Stand-Alone Part D plans (to go along with MedSupps). MAPD is likely to stay commissionable. I think we all expected Wellcare was only the first domino to fall. Silverscript was the second.What exactly is the "PDP business" you are referring to? I assumed it was a loss leader to have people to market advantage plans to. If the carriers are reducing exposure to advantage plans, why would they pay you to sell a PDP plan?
Don't get me wrong, I'm not happy about the $20,000 hole in my income when PDP comp disappeared this year. I just can't expect to be paid to bring an insurance company business that loses them money.