Oxford Life Lowers the Boom on G.I. Cases

Effective 8/1/15, Oxford Life will no longer pay full commission on guarantee issue cases. (Open Enrollment will continue to be paid at full commission, as with all carriers.) Oxford had been one of the last remaining companies in the country that pays full commission on guarantee issue situations with Medicare Supplements. The good news is that they're not just paying $25 per case on GI, like most others do. Instead, they're paying 20% of the normal commission level for these cases. See the Oxford Life Commission Notice Here Here are examples of GI cases that this impacts: "The situations below MAY qualify as a Guaranteed Issue Policy and would be affected by this change. You're in a Medicare Advantage Plan, and your plan is leaving Medicare or stops giving care in your area or you move out of the plan's service area. You have original Medicare and an employer group health plan that pays after Medicare pays and that plan is ending You have original Medicare and a Medicare Select policy. You move out of the Medicare Select policy's service area You join a Medicare Advantage plan or PACE program when you were first eligible for Medicare Part A at 65, and within the first year of joining you decide you want to switch to Original Medicare (Trail Right) You dropped a Medicare Supplement policy to join a Medicare Advantage plan for the first time, you have been in the plan less than a year, and you want to switch back (Trial Right) Your Medicare Supplement company goes bankrupt and you lose coverage or your Medicare Supplement policy coverage ends through no fault of your own You leave a Medicare Supplement Advantage plan or drop a Medicare Supplement policy because the company hasn't followed the rules or they have mislead you Policies issued under guaranteed issue "Birthday Rules" allowed in some states"

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