How is the Lasso MSA doing?

Feb 12, 2019

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  1. TwoCents
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    TwoCents Guru

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    TwoCents, Feb 12, 2019
    #1
  2. craig_ritter
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    craig_ritter Guru

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    Thanks to all the agents who helped us! We spent virtually $0 marketing, so 90%+ of our enrollment came through independent agents (some folks found us via press releases or through Medicare publications/website or search).

    Doesn't sound like much, but we were pleased with this result. New plans generally have a tough time out of the gate.

    Importantly, we funded 1,254 MSA accounts and paid broker commissions on 1/2/19. We had about 100 additional that we worked through in January (RFI's mostly).

    We filed our 2020 application today, so more on that in 5 months or so!
     
  3. gregj
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    gregj Super Genius

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    Craig, many thanks for the update. HDHP/HSAs had a much bigger eligible population, & a president selling them like the Broker-In-Chief, & as with most 'behavior-driven' innovations, they took a couple of cycles to take hold. Zero to 1,254 feels like pretty strong acceleration to this interested observer :1smile:
     
    gregj, Feb 12, 2019
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  4. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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    Are you hinting to Craig that you might want a contract Greg? :huh:

    Hey, your names rhyme. How cool is that? :laugh:
     
  5. gregj
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    gregj Super Genius

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    I'm already in on the ground floor, g

    Can't claim to have accounted for much of that 1,254 however.... :no:
     
    gregj, Feb 12, 2019
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  6. Devin01
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    Devin01 Guru

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    Craig need a simple answer on how out pocket costs are paid by beneficiaries . We only sold one . like the concept
     
    Devin01, Feb 12, 2019
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  7. LostDollar
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    LostDollar Guru

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    If you have not watched it, I would recommend the video Craig and the Lasso president did. I can't remember for sure now, but I thought the payment process was addressed in that.
     
  8. LostDollar
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    Thank you for posting that. I tried to find info a few weeks back but didn't know the right way or places to look.
     
  9. LostDollar
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    It is nice to see an agent with a positive attitude about the plan.
     
  10. craig_ritter
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    craig_ritter Guru

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    Here is a link for those interested:
     
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