Ok, just so I understand, our appointed officials have the right to select who gets money and who doesn’t get money. For some reason, I didn’t think that was their right. It has always been my belief that everyone is treated fairly by the law. But, in the case of the demise of our formerly named Cooportunity (now known as NO-oportunity), the director of insurance can determine that some professionals will be compensated while others will not be. How in the world is that a determination that an unelected, or for that matter, an elected official be given that right. The director has decided to continue to pay doctors, hospitals, and other medical professionals but will not pay insurance professionals for work that they have already provided. That’s right, some professionals will be compensated for future work but other professionals will not be compensated even though they have done the work in the past. It would be very much like a home builder deciding to pay the electrical contractor to come in and work, but tell the carpenters that framed the house that they will not get paid. For some reason, I didn’t think that was permissible. Wonder how the director would feel if at the end of the month, his employer, the state of Iowa, were to tell him that he wouldn’t be paid? Oh, wait, he would contact department of Labor or some other agency to fight on his behalf. To my understanding, the professional insurance agent has no recourse and no one seems to be concerned. So even though CMS touted the value of the professional agent, the director himself touted the benefits of professional agents, no one feels compelled to compensate the professional agent. The director stated that he wanted to make sure claims got paid. Who is this claim and why should he get paid. You see, claims are a way to disguise who actually is getting paid. Claims are compensation to doctors, hospitals, and other medical providers and nothing more. To state that claims need to be paid does nothing but guarantee that those entities will receive money. The director mentioned everyone taking a “haircut”. Funny, only one I see getting “cut” are professional insurance agents.
So where is the outcry? Why are professional agents and their associations not shouting the message? Well, for most of these professionals, they have 30 days to move all of their NO-opportunity to other carriers. In addition, many are afraid to speak out for a variety of reasons. Will there be retribution by the department of insurance, will CMS bar them from future business, or will their clients actually learn that they were being compensated? The last one just amazes me. I have actually heard agent’s voice concerns that their clients might be upset if they learned how much they were being paid. Wow, talk about insecurity. Professional agents need to make their voices heard and be proud of the work they do. No other profession would allow an official to single them out for non-payment for work performed. Can you imagine if all of a sudden, Doctors were told they would not be paid for previous work they had completed? Tell your story professional agents. Go out and explain the unfairness of the decision. Be proud of the work you do.