Yes, direct deposit is available. If you are new to Medicare BackOffice, signing up for direct deposit will be done with your registration. If you are a current partner looking to set up direct deposit, please contact our Internal Wholesaler, who will help you set it up.
If your affiliation is listed in the drop-down box when you register, you typically do not need to complete a W-9, because we issue payment to that entity. If you registered as an independent agent or advisor — meaning you chose “Affiliation/BD not listed” from the drop-down menu when registering — you will need to fill out a W-9 and fax it to 402-391-9686.
No. Our services are free of charge to you and your clients.
Medicare Supplement and Medicare Advantage health insurance plans and Medicare Part D Prescription Drug plans. However, be aware that we do not pay referral fees on Part D.
Referral fees are only paid for those Medicare Supplement and Medicare Advantage policies that are issued and paid by the carrier. We do not pay referral fees on Medicare Part D prescription drug plans.
The amount of the referral fee varies by product but generally ranges from $100 to $200.
We will pay you the month after the policy is issued and we are paid by the carrier, typically around the 10th of the month.
It depends on how you register and how you direct us to pay you. If you registered as an independent agent or advisor — meaning you chose “Affiliation/BD not listed” from the drop-down menu when registering — a check is issued directly to whomever you listed on your W-9 form. (If you put your Social Security number on the W-9, the check is issued in your name. If you put your employer identification number, the check is issued in that entity’s name.) If you chose one of the broker dealers or other entities listed in the drop-down menu during registration, the check in most cases goes directly to that company, which should then issue you your portion of the referral. If your affiliation is listed in the drop-down box when you register, you typically do not need to complete a W-9.
You do not have to receive a referral fee. Just call us at 1-877-385-8083 and let us know.
No. Referral fees are paid one time per client.
Yes. You will receive a statement showing your client’s name, the product type purchased, the carrier and the amount of referral paid.
Contact Medicare BackOffice at 1-877-385-8083 and provide your name and the name of your client. We will research to make sure that the policy has been issued and that we have been paid by the carrier.
You get paid for that referral, too! The more you refer and the more those referred clients refer, the more you get paid!
