medcounsel
Expert
- 31
Is anyone else seeing their T65 commissions prorated?
What about overrides? We are seeing overrides being prorated as well.
What about overrides? We are seeing overrides being prorated as well.
T-65 Commissions?
- Thread starter medcounsel
- Start date
- 11,280
Nope. Just wrote one last week too...
Glad to see you bagged one before Groundhog Day. Is this a new record for you?
Are you referring to mapd or sups?
- Thread starter
- #5
medcounsel
Expert
- 31
T65 MAPD Initial Sales
- 2,177
Prorated renewal rate (200+ divided by remaining months) paid until verification of first-time enrollment. Then prorated amount charged back and full non-prorated comp ($400+) paid. That is my understanding.
- 11,280
Definitely beat last year's record....
- Thread starter
- #8
medcounsel
Expert
- 31
I understand prorating and then true-ups when the carrier gets confirmation from CMS.
But, I had a carrier tell me today that they will be prorating initial sales based on effective date and then no true up. Then all renewals will begin 1/1 of the next year.
That makes no sense if they want Initial sales later in the year. But, thats what I was told. Trying to find out if that is going on anywhere else.
But, I had a carrier tell me today that they will be prorating initial sales based on effective date and then no true up. Then all renewals will begin 1/1 of the next year.
That makes no sense if they want Initial sales later in the year. But, thats what I was told. Trying to find out if that is going on anywhere else.
- 2,177
Too early to tell this year for me; I've taken some time off. Wouldn't be surprised if that changed.
- 599
I haven't seen that yet. What company was it? All of mine have been true-up'd so far.
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