CT Carriers May Not Pay ACA Brokers

Yagents

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Here's the bad news:

1. ANTHEM CT filed rates with NO commissions. Filing higher rate increases including commissions won't happen. Will this effect other Anthem states?

2. With shrinking markets in many states down to 1-3 carriers, who don't want the losing business, will be leaning towards not paying commission.

i know it's a state based exchange, and won't affect many here on this board, but have you ever heard of the "cockroach" theory?

CT News Junkie | Connecticut Exchange Grapples With Losing Brokers

Access Health CT’s board of directors pressed officials Thursday to find out whether the two remaining insurance carriers participating in the exchange will continue to pay broker commissions.

Access Health CEO James Wadleigh said he’s been unable to ascertain whether they will continue to pay commissions to brokers, who direct about 40 percent of the business in the individual marketplace on the exchange.

“Access Health is unaware at this time if Connecticut carriers will continue to pay broker commissions,” Wadleigh told Access Health CT’s board of directors Thursday.

Both Anthem and ConnectiCare, the two remaining insurance companies participating in the exchange in 2017, have submitted rate increases requests. Anthem’s request seeks to eliminate broker commissions for business on the exchange and ConnectiCare’s request is vague.

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Setting the stage to replace agents in CT with bureaucrats. Feeling consumer empathy.........:err:

Insurance Brokers Face Being Shut Out of State Exchange | WNPR News

Wadleigh said that if brokers do drop out of the system, Access Health CT may hire more staff to help advise exchange customers.
 
Let them set up an enrollment line to India.
It will be the same people that call me from Microsoft that tell me there's a problem with my computer
 
Here's the bad news:

1. ANTHEM CT filed rates with NO commissions. Filing higher rate increases including commissions won't happen. Will this effect other Anthem states?

2. With shrinking markets in many states down to 1-3 carriers, who don't want the losing business, will be leaning towards not paying commission.

i know it's a state based exchange, and won't affect many here on this board, but have you ever heard of the "cockroach" theory?

CT News Junkie | Connecticut Exchange Grapples With Losing Brokers



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Setting the stage to replace agents in CT with bureaucrats. Feeling consumer empathy.........:err:

Insurance Brokers Face Being Shut Out of State Exchange | WNPR News

I doubt this will happen in Florida for 2017, Florida Blue has already told their GAs it's business as usual regarding comp and others, like Molina and AvMed, are still paying comp for SEPs so are going to continue next year.
 
Everyone should get a non resident license in New Mexico, it will be a hot market next year:

House Democrat tears into HealthCare.gov chief | LifeHealthPro

Lujan Grisham (a NM democrat) said that she supports the ACA, but that carrier failures and service cuts have left part of her district with just one carrier, and that carrier's rates could increase more than 80 percent in 2017. She said she has tried repeatedly, without success, to get the Obama administration to help her address the problem.

"I find myself in a very interesting position, where I may disagree with you about the ACA and its impact," Lujan Grisham told Counihan. "What are we going to do?"

At one point, Counihan said that he knew about the problems that New Mexico was facing and wanted to do more for rural areas.

Lujan Grisham said that Counihan seemed to be unaware that the major coverage supply problem her state is facing is in a city, Albuquerque.
 
I think it might be time for these reservations in AZ and NM to get into the healthcare business just like they did the casino businesses and hotel industry.
 
Hey Lujan the Democrat in NM.
Your rates will increase to 80% it's not a "might"
Soon to be the only state where nobody can buy any insurance.
But the medicine man still does exist in your neck of the woods. And that is the truth for sure.
 
I think it might be time for these reservations in AZ and NM to get into the healthcare business just like they did the casino businesses and hotel industry.

Ever looked at the carve out for native Americans? It is always open enrollment, lower cost, etc, etc.
 
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