Medicare bro
Guru
- 475
Anyone know how WellCare's experiment with dropping renewals went? Did they still have record enrollments?
WellCare PDP market share
- Thread starter Medicare bro
- Start date
I'll be more curious to see if it's profitable. I enrolled some in their PDP. I also moved some away from their PDP.
More importantly, I didn't write a single MAPD with them and I moved some of my WC MAPD clients away.
- Thread starter
- #3
Medicare bro
Guru
- 475
Them losing members on the MAPD side would be a great thing.
Spud
Expert
- 96
HI, use your favorite browser to search 'cms pdp enrollment reports'....you get the information you are looking for.
WC probably loses $$ on PDP business per se but makes it up by rolling folks into their MAPD.
That is easy pickings for them especially when using a tortured sales pitch. Add in the number of folks who self enroll + agents that don't stay in touch with their policyholders and churning PDP into MAPD is an easy sale.
That is easy pickings for them especially when using a tortured sales pitch. Add in the number of folks who self enroll + agents that don't stay in touch with their policyholders and churning PDP into MAPD is an easy sale.
Yep. I just hope a majority of agents feel that way. It wouldn't have been as bad had they not eliminated renewals for prior enrollments. I wouldn't have liked it, but at least I would have been paid for the 250-300 WC PDP's I have on the books.
If a "business partner" starts taking money away from me, I no longer consider them a business partner.
This is my feelings. I never would have enrolled a client in a Wellcare MAPD plan before this fiasco and I certainly will not now...I don't care if they obtain a 5 star rating. Not gonna do it
MedicareWAA
Guru
- 582
Their PDP business has never been stronger according to their latest earnings call. They said the PDP business is intentionally targeting a 1% margin this year in order to take and keep share.
- Thread starter
- #9
Medicare bro
Guru
- 475
Did they mention MAPD market?
Again, let's see those numbers at the end of the year. Would also love to know the dollar amount carriers are getting to keep their PDP plans attractive.
