Brokers Get Lush Trips and Cash Perks to Sell Costly Medigap Plans

[Northeast Agent]

[EXTERNAL LINK] - Brokers Get Lush Trips and Cash Perks to Sell Costly Medigap Plans

Senator Elizabeth Warren has issued a report urging oversight of insurance brokers who are being offered financial incentives to push more expensive plans.

 

[goillini52]

[EXTERNAL LINK] - Brokers Get Lush Trips and Cash Perks to Sell Costly Medigap Plans

Senator Elizabeth Warren has issued a report urging oversight of insurance brokers who are being offered financial incentives to push more expensive plans.

Good old Pocahontas.

 

[DonP]

Lol I was about to post this article . Medigap now in govt crosshairs . I saw uhc offering like $20 k for 200 med sups for vacation . I think the 10 yr future for the agent bleak . I’ll ride the train till the end . I wish I got in this 10 plus yrs ago .

 

[rmhaire]

Good old Pocahontas.

She won't bother you. All you've got to do is identify as a female American Indian.

 

[kstein]

Someone post the whole article??

 

[somarco]

I saw uhc offering like $20 k for 200 med sups for vacation

$100 bonus for 200 apps? Who the hell is willing to work that hard for an extra $100 per app?

And they aren't competitive in my state, so that's a non-starter

 

[Chazm]

$100 bonus for 200 apps? Who the hell is willing to work that hard for an extra $100 per app?

And they aren't competitive in my state, so that's a non-starter

It’s actually a trip valued at $11k

 

[policywunk]

Someone post the whole article??

copy the url in this paywall killer and never pay to read an article again https://archive.ph


[EXTERNAL LINK] - Brokers Get Lush Trips and Cash Perks to Sell Costly Medigap Plans

 

[somarco]

It’s actually a trip valued at $11k

Just quoting the Don . . .

Still, $20k or $11k for 200 apps with a carrier that is not competitive (in my area) is a climb

BTW, so instead of $100 per app in bonus it is really $55 per app. This is going in the wrong direction

 

[BALDELMO]

The idiots in Washington have no idea how an ethical, principaled broker goes about educating and advising a Medicare client. Their solution is to turn all of these insurance products into a commodity that can be sourced by an AI fueled website like Medicare.gov, which we all have experienced that works so well. I have never given a damn about the cash bonuses and goofy trips. It would appear that Pocohantas has been reached by the Medicare Replacement ( MAPD ) lobby.