I just got a notice from my GOVERNMENT APPROVED" HMO...telling me that my premium (for this supllement to Medicare A & B) will be going up 58% BECAUSE OF GOVERNMENT CUTS....
Well, the Medicare Supplement companies are not under anywhere near the Federal Government control of the CMS regulated activities.
Part D drug plans and Part C Medicare Advantage plans are under absolutely ridiculous federal regulations.
The Feds have cut our commissions by 20% on all of this products, this year.
The Feds ALSO redefined the definition of “renewal” this year, which cut commissions, on some sales, by an additional 50%.
They want to force agents out of the business.
This will make you mad at the companies, for poor service.
You SHOULD be mad at the Federal Government!