u/Ecf017

Hey all. I’ve been LOA in Medicare for 3 years. And I’ve made good money but haven’t built anything as LOA covers all systems and inbound leads but they keep your renewals. I’m tired of LOA cuz they always change commission for the worse too.

I found a company that provides systems and leads but I’d have to pay for the inbound calls per call but I’d be independently contracted so I’d be receiving CMS comp, and HRAs, and renewals.

I’m hesitant because i feel like the margins are thin to be paying for calls. After CPA, and chargebacks i feel like the profit is minimal. I understand building a book to capitalise on renewals but even that could be minimal cuz a lot of folks switch their plan often or carriers change networks often and eliminate benefits from plans often.

Can anyone who’s independent give me advice and realistic expectations? Cuz when i crunch my projected numbers it seems like it’s a “barely profitable” model for the first year and if somehow i get the clients to stick then sure year 2 would be great with the renewals. But I’d need to be able to pay for my leads(inbound calls) and still pay my bills so I’m unsure.

Hey all. I’ve been LOA in Medicare for 3 years. And I’ve made good money but haven’t built anything as LOA covers all systems and inbound leads but they keep your renewals. I’m tired of LOA cuz they always change commission for the worse too.

I found a company that provides systems and leads but I’d have to pay for the inbound calls per call but I’d be independently contracted so I’d be receiving CMS comp, and HRAs, and renewals.

I’m hesitant because i feel like the margins are thin to be paying for calls. After CPA, and chargebacks i feel like the profit is minimal. I understand building a book to capitalise on renewals but even that could be minimal cuz a lot of folks switch their plan often or carriers change networks often and eliminate benefits from plans often.

Can anyone who’s independent give me advice and realistic expectations? Cuz when i crunch my projected numbers it seems like it’s a “barely profitable” model for the first year and if somehow i get the clients to stick then sure year 2 would be great with the renewals. But I’d need to be able to pay for my leads(inbound calls) and still pay my bills so I’m unsure.

(Accidentally posted on anonymous browsing so this is a repost on my account. Sorry)

I’m currently leaving yet another 1099 Medicare brokerage position and have come across diversify

They’re offering free inbound calls, contracts with every carrier ( and life and ancillary on top of Medicare) CMS full street level comp for medicare( 347 & prorated monthly as year goes on) and full renewals( 347/year)

While i see they have some bad reviews for releases and such i don’t understand how they even offer this. They also claim if you leave they’ll still pay those renewals on your business as long as it stays active.

I’ve been doing this a long time and I’ve never seen free inbound leads, full comp ( for Medicare atleast), 0 costs for dialer/crm/marx/ sunfire, AND renewals.

Usually these 1099 brokerages you lose your renewals and get less than CMS full comp to get free inbound leads and systems. So I’m trying to understand where the catch is

Has anyone worked with them? Has anyone actually received payouts after leaving? Is any of this true ? Idk how they’d even be making money if this was true.