Anyone Heard of High Def Nation Health Insurance?

Not splitting hairs with you Louis, but Obamacare provides ratio's for claims (as a percent of premium).

The MLR for IFP is 80% of premium so the only requirement is the carrier must pay out 80% of premium in claims. If their overhead is 25% of premium there is no profit.

DC doesn't care, nor does it guarantee a profit. As long as the carrier pays out at least 80% in claims that is all that matters.

Agreed.. The 80% return in claims payout is the operative phrase .. The 20% would certainly not be all profit as there are expenses to be considered.
 
Someone with nothing else to do should go through this thread and see how many times the word "pre-launch" is used.

In all seriousness, this thing will be sold like gang busters by those who are uninformed as to the pitfalls and won't give it a second thought. I find it hard to believe someone who claims to have sold health insurance can think that there will be some "new" way to provide health insurance at a cost drastically cheaper than is currently being done. It seems the OP believes that simply by cutting out the agent there is a huge savings to the insurer which allows them to lower premiums significantly. Yet, they will somehow save enough money to provide income to all the people in a persons "downline". Which is less costly, paying an agent 5%-10% or paying numerous downlines in a MLM? We can look at Primerica as an example. How competitive is their term life? Answer, not very.

And as you have seen, anyone who questions it without having ANY specifics is scared and doesn't have an open mind. Typical MLM speak.
 
They refer to it as "dream stealing" and those who question the validity of what they are doing as "dream stealers".

My other favorite is the 50/50 plan. 50 hours a week for 50 years. "So I see you are on the 50/50 plan".

then the all go "zoom zoom zoom" or something like that.

Quixtar reps claimed that they had "partnered with a fortune 100 company". Until Microsoft told them to stop saying that since they only provided the internet tech and did not endorse Quixtar/Amway.

Yes, I did Amway like 100 years ago :biggrin:
 
Thanks to everyone for their thoughts, suggestions and advice. I will definitely post what I learn when I learn it.

Sue
 
Thanks to everyone for their thoughts, suggestions and advice. I will definitely post what I learn when I learn it.

Sue

I remember a poster that had a hell of a deal on a zero prem. life insurance deal.....wonder what ever happened to here.....
 
Don't put my name in a quote with this other person you are referring to. Why are you feeling so threatened by me?
Why is it your role to try to do me harm?
This says a LOT about you.
I could do the same with you but I am trying to be mature here. I ask you to do the same and get back to work.
I am - and make a great living at it. Sue

I remember a poster that had a hell of a deal on a zero prem. life insurance deal.....wonder what ever happened to here.....
 
Don't put my name in a quote with this other person you are referring to. Why are you feeling so threatened by me?
Why is it your role to try to do me harm?
This says a LOT about you.
I could do the same with you but I am trying to be mature here. I ask you to do the same and get back to work.
I am - and make a great living at it. Sue

I am far from being threatened by you.....I have been in the insurance business for over 18 years ...probably as old as you are...I have made a living not screwing people...the thread title is "Anyone Heard of High Defnation? "....and you got your answer...see you on page one of Google....have a nice day,,,,
 
Don't put my name in a quote with this other person you are referring to. Why are you feeling so threatened by me?
Why is it your role to try to do me harm?
This says a LOT about you.
I could do the same with you but I am trying to be mature here. I ask you to do the same and get back to work.
I am - and make a great living at it. Sue

LDL...almost pee peed my panties reading this one...
 
:skeptical:
Ás bill Clinton said: the arithmetic doesnt add up.

We r a "highly deaf nation" obviously; or just high
 
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