The Nolan Group
Shame on CMS for allowing Aetna to stop paying agents after OE. This is criminal!
modernhealthcare
10/30/2024
10/23/2024
NOT, as strong or exactly what I said, but the truth is out about our commissions and Medicare Part D!
https://www.modernhealthcare.com/insurance/insurance-brokers-banking-consumers-medicare-confusion
Every year, a few Medicare Part D insurers decide not to offer commissions. That's even more true for the 2025 annual enrollment period because the Inflation Reduction Act of 2022 beefed up the Medicare drug benefit in ways that may make the products less profitable, said Ronnell Nolan, president and CEO of Health Agents for America, a trade group.
Centene subsidiary Wellcare, for example — the largest Part D insurer with 6.6 million enrollees — will not pay brokers and brokers for selling standalone drug plans this year. CVS Health subsidiary Aetna will not pay for new Part D members while Humana and Cigna will not pay for new customers in certain Part D plans, Nolan said.
Insurance brokers bank on busy Medicare enrollment period Medicare Advantage brokers foresee a lot of activity this annual enrollment period after insurers shifted strategies to boost profit margins.
Pssssttt. May have HealthSherpa work around 3 ways calls in the next day or so ❤️
10/04/2024
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