GR Offers Short Term Copays

[Crabcake Johnny]

The new Short Term MedicalSM Copay is now available to consumers seeking temporary health coverage in Alabama, Arizona, Arkansas, Florida, Illinois, Indiana, Iowa, Maryland, Michigan, Mississippi, Missouri, Nebraska, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia and Wisconsin, with additional states expected to follow in the coming months.

UnitedHealthcare's Golden Rule Insurance Company Offers New Choice For Consumers Looking for Flexible Temporary Health Insurance

 

[CHUMPS FROM OXFORD]

Actually, I believe we all received this last week. When you read the specifics, I don't think I'll be using it. But you never know.

 

[YouGotMyMoney]

This STM plan will be a great seller, and since STM is outside of MLR, higher commish!

 

[dgoldenz]

Seems like the STM premiums are about the same as long term...

 

[Crabcake Johnny]

There's not a single thing wrong with STM if sold properly and for the proper situation.

STM only gets bad press when it's sold improperly. I'll put someone on STM before a mini-med any day of the week...if they qualify.

 

[YouGotMyMoney]

Seems like the STM premiums are about the same as long term...

Yes. But it's higher commish, so that's is all that matters, right?

 

[dgoldenz]

There's not a single thing wrong with STM is sold properly and for the proper situation.

STM only gets bad press when it's sold improperly. I'll put someone on STM before a mini-med any day of the week...if they qualify.

But if STM doesn't cover any pre-ex and the rates are the same as long term, why buy STM? Might as well buy the long term and cancel later...

 

[Crabcake Johnny]

...mini-meds also don't cover any pre-ex but at least most are major medical. I'm only talking about clients who don't qualify for long-term coverage, do qualify for short-term and also don't qualify for the risk pool.

 

[ksigmtsu]

The commission on the STM is the same as the long term with UHO. 12% on STM, paid as earned. No extra commission for selling those.

 

[YouGotMyMoney]

The commission on the STM is the same as the long term with UHO. 12% on STM, paid as earned. No extra commission for selling those.

ImageShack® - Online Photo and Video Hosting


According to this, 24% for selling STM if you do 100 or more apps a year.