Celtic Sold

Mar 19, 2008

  1. moonlightandmargaritas
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    moonlightandmargaritas Guru

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  2. somarco
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    somarco GA Medicare Expert

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    Just a wag, but this may allow Centene to expand their Medicaid services into other states.

    I used Celtic for years in the self funded market. They had one of the few conversion plans availalble in pre-COBRA days.

    Their individual products never impressed me and I have wondered why they even bother to remain in that market.
     
    somarco, Mar 19, 2008
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  3. Zydo
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    Zydo Expert

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    Holy Cow!! Lol
     
    Zydo, Mar 19, 2008
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  4. CHUMPS FROM OXFORD
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    CHUMPS FROM OXFORD Guru

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    I used to write a fair amount of their contracts about five years ago. But not any more. Rates shot through the roof.

    Side note: I would have thought that a company from Boston would have bought them. Not a St. Louis based group.
     
  5. Crabcake Johnny
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    Crabcake Johnny Guru

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    I was never a fan of their "district sales manager" set up where I to run basically everything, including prescreens past my "manager" who happened to be in NC and never answered his phone. The pay structure was odd; 10% on most products then a bonus structure only if you kicked out a lot of business.
     
  6. InsuranceBenefitsGroup
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    InsuranceBenefitsGroup Guru

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    My European clients would inquire about the company, clearly because of the name only. Contracted with'em for years, wrote about 5 deals. Silly commish schedules and no advances. Pretty competitive rates in SE Florida.
     
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