justsayinisall
Super Genius
- 114
I'm currently a captive 1099 with a company that writes for multiple Medicare supplement companies. I just looked at my commission statements and I notice that I'm not being paid the expected commission.
The company pays 16% commission. I sold a plan (G) and this company took out the medicare part B deductible. Say's it's built into the premium. The $183 a year deductible is $15.25/month. So it lowered my net commission by $29.28. Doesn't sound like a ton but when you multiply that by many, many, plans sold.
Is this normal for agents that are independent? Or is this something my company implemented all by themselves?
The company pays 16% commission. I sold a plan (G) and this company took out the medicare part B deductible. Say's it's built into the premium. The $183 a year deductible is $15.25/month. So it lowered my net commission by $29.28. Doesn't sound like a ton but when you multiply that by many, many, plans sold.
Is this normal for agents that are independent? Or is this something my company implemented all by themselves?