Aetna will discontinue broker sales and marketing of individual Private Fee-for-Service (PFFS) Medicare Advantage products effective August 1, 2009. Applications received with an effective date of August 1, 2009 or later will not be compensated by Aetna.
- Please note, 2009 plan benefits for individuals currently enrolled in an individual pffs plan will not change.
- Brokers will be paid according to contractual terms for all individual PFFS sales with effective dtes on or before July 31,2009.
- Effective August 1, 2009, our producer agreement and commission schedule will no longer include individual PFFA plans. Aetna will mail brokers a contract ammendment later this week.
Does anyone know what PFFS plans will be available for 2010 and what their benefits will be?
I guess it depends on the area your in but American Progressive (Universal American) will have PFFS. I am not sure what their benefit plans will look like yet.
Is Aetna not going to have PFFS in 2010 or just not going to let agents market the product?
Craig:
I spoke with my Aetna RSM today. Well, actually we were on the 13th tee when he told me this information.
He wasn’t sure if that meant the PFFS plans would be terminated as of 12/31/09.
Can I contact my Aetna clients and propare them?
Rick