Agency Witholding Commission Payment to Agent?

[hiagent]

When a Agency withholds the agent commissions; Medicare Advantage, Supplement and Part D, what recourse besides suing do they have? And, if the agent is the writing agent, who is responsible for servicing and has the right to contact the clients?

 

[Norwayguy]

If the Agency is withholding payments it leads me to believe you assigned your commissions. They belong to whom you assigned them to and they pay you or not more often not down the road.

 

[WinoBlues]

When a Agency withholds the agent commissions; Medicare Advantage, Supplement and Part D, what recourse besides suing do they have? And, if the agent is the writing agent, who is responsible for servicing and has the right to contact the clients?

Download all the clients, read your contract, ask them to pay you.

 

[EltonHCP]

For what reason are they stating as excuse to withhold your commissions.

 

[G.Gordon]

Depends on the contract. If they have a vesting schedule, did you meet the requirements? If not, they might not owe the agent a dime. Same for assignment, if you assign, you don't own the rights to those commissions.

Read the contract.

 

[MedicareAgent]

perhaps its blue and they just suck? lol

 

[hiagent]

I understand about Med Sup Plans, but with all the regulations about Med Adv Plans, does the agent have any recourse? Yes assignment.

 

[G.Gordon]

Read. The. Contract.

All you are going to get with these questions is a bunch of opinions. Read your contract with the agency. That is what tells if you have any rights in this matter.

 

[WinoBlues]

I understand about Med Sup Plans, but with all the regulations about Med Adv Plans, does the agent have any recourse? Yes assignment.

Then you offered it up. As others said. read your contract.

...........

 

[stormtracker]

Was it Parker and Associates? One Life America?