- 4,125
Especially a company that's guilty of being a good old boys club.
Experience with Senior Life ?
- Thread starter Roses39
- Start date
How could Greg ever believe more company could ever handle all the different situations we run into in final expense ? Forget it's SL an overpriced carrier that drops much of its business to GI . Pick any carrier and it's impossible to place all your business with one . Health insurance by a carrier is a scam . You have a bad month or 2 or want to take some time off and you lose your coverage . I recall SNL had some group health but you had to do $10 k a month . The only downside to being independent is health ins . A family can be near $2 k for crap coverage
BarryNY
Guru
- 271
You're right that private health insurance for someone not low income or medicaid has shit the bed. Policies available at a small company or for self employed are ridiculous high...and with huge deductibles and co-pays.
Not to get political but b4 obama care - a typical insurance policy for a S was about $500-$600 in NY...now it's $925 with a $6,400 co-pay for anything other than a drs visit or blood test...so you're out of pocket huge before the insurance even kicks in.
How crazy is this...for a test I needed the "negotiated rate" to my insurer was $625...but because I hadn't spent $6,400 - I'd be paying that full $625. I asked the radiologist center "what's my self pay for this test"...she goes $450. I said sold. LOL...
I'm a conservative but this country really needs just 1 health plan for every citizen. Can't wait to start Medicare with a Plan G. Save $500/month. That's a Grand Cherokee payment right there!!!
- 4,125
If there was an IMO that required you to be LOA or W2 but you had Health Insurance what would you think?
BarryNY
Guru
- 271
Me? I'd think that if I was any good at what I was doing. SWAT level...Tier One Operator level... Then I'd be making a hell of a lot more and have enough money and freedom to pay for health insurance- it's a cost of doing business like marketing...and don't forget about the residuals...
I preach this to anyone that will listen. For the amount of time that you are going to spend working - all that matters is what program am I going to plug into that is going to net me the most after everything expensed...
If "the" W-2 or LOA deal delivered more net for the same hours worked after accounting for the health insurance lower cost difference and anything else...then that's the program to do?
- 4,125
I think it's just something nobody has been able to figure out how to offer. When I heard the qualifications to get health insurance with Senior life it was absolutely A joke.
BarryNY
Guru
- 271
I think the health insurance laws require W-2 (and I bet the insurance companies do too) for getting onto the company policy...
We really need a strong association that can get us a great plan like a Fortune 100 plan and at a negotiated rate that everyone can tap into.
I sold NASE plans (National Association of Self Employed) awhile ago...it was strictly a b2b health insurance and disability play..
We really need a strong association that can get us a great plan like a Fortune 100 plan and at a negotiated rate that everyone can tap into.
I sold NASE plans (National Association of Self Employed) awhile ago...it was strictly a b2b health insurance and disability play..
$10K per month? SL requires $150K per quarter ($50K per month)... How many agents do you think are doing $600K per year with them?
https://cdn.shortpixel.ai/client/to...ntent/uploads/2020/05/health-ins-benefits.jpg
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BarryNY
Guru
- 271
That's basically a stupid unattainable program - so all it does it allows a recruiter to say "we offer health insurance" without lying...LOL so stupid and I bet they give you that detail AFTER you join up and sign the contracts...
And it reverts to a ridiculous $1,900 prem if you miss the $150k/quarter cut...which you will...
- 4,125
Never thought about it like that
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