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With over 30 years in the industry, we are confident that we can help you take your business to the next level! Whether you are new to the business or a 20 year veteran, we are here to help. Take a moment to familiarize yourself with our exciting portfolio of carriers and products you will find that we only represent the best! Once you begin a relationship with Eldercare you will have access to nationwide quote engines, production reports, view company appointments, writing numbers in all states you are appointed just to name a few.
We offer customized lead programs, training from the best agents in the country, prospecting tools, contest incentives and much more. Our goal is not only to train you how to maximize your time doing what you do best, but also to build a relationship that last for many years to come. Our company is run by veteran agents that understand and respect what you need to be successful. You are not just a number to us! Call today and let us start working for you to ensure your continued success in the most booming industry in the country!
- Aetna Announces $0 Commissions for Some ACA State Individual Plans
Aetna recently announced that they will not pay any commissions for 2017 ACA individual plans in the following states:
Arkansas, Arizona, Illinois, Kansas, Kentucky, Louisiana, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Texas, Utah and West Virginia
A 2017 off-exchange individual product option will be offered for most counties where the on-exchange products were offered in 2016.
- Stock Prices, Along with Hopes of Cigna, Humana, and Aetna Drop Along with Medicare Star Ratings
Stock prices- along with the hopes of Cigna, Humana, and Aetna- fell on Wednesday, October 12th after the CMS released their star ratings for 2017. While most Medicare Advantage plans received higher ratings than previous years, the average star rating was slightly reduced.
Aetna, despite their four percent overall increase in star ratings, suffered a stock price drop due to Humana’s significant plan star rating reduction. Humana’s stock price dropped 5% itself as only 37% of their plans are now receiving at least four stars. Aetna is currently attempting to acquire Humana, and is also facing other challenges from the U.S. Justice Department.
Cigna, who currently remains under sanctions with the CMS, suffered a 2.4% share decrease with only 20% of their plans receiving at least four stars. Cigna released a statement within an SEC filing that they did not “believe that these star ratings reflect the quality offerings Cigna HealthSpring provides to beneficiaries”. Anthem is currently attempting to acquire Cigna while facing troubles with an antitrust challenge with both companies accusing one another of breaching the terms of their agreement.