Only if the MA companies keep pulling out of counties. There is a lot of it this year and yes I can see them all having to go back to Medicare Supplements. I agree they are a ticking time bomb with all the GI business but most clients don't stay with a company more than 3 years anyway unless they have a crappy agent or are very unhealthy.
Guess Who's Changing Their Comp on GI Med Supp?
- Thread starter sman
- Start date
- 2,177
It looks like they're giving half comp on GI for apps signed 10/7 or later (at least in my appointed states; assume all). On Friday was about to mail a GI app out to an MA client exercising his trial right. Decided to pay a visit instead. Faxed it today, my last full comp GI.
- 29,483
Yes, but 81 and up is 5.3%. You can log in to the website...go to dashboard...click on commissions...then commission rates and it'll list what you make for each product and age group.
FrankRagsdale
New Member
- 5
Oxford Life is paying full commission on GI. I can send details if need be.
- 29,483
Oxford stopped that several years ago. I think they pay 50% now. Cigna pays full comp for GI in Illinois and a few other states, but it doesn't look like they do in Ohio.
- 18,986
No. I don't of any company paying full comp on GI business now. Except in a few states where it's prohibited to cut the comp.
Ohio is not one of those.
Even the info in this thread on Aetna is wrong. they pay 3/4 of 1% for GI now.
Except in those state where they can't do that.
