I Will Lose ___% of My Income Due to HCR

[Crabcake Johnny]

Passionate about hot dogs? Latent homosexuality?

Rick

Ok, maybe I should have said I'd rather open a taco stand.

 

[ksigmtsu]

It almost looks as if the whole market might shift toward supplemental health products, and the commissions on those are pretty good anyway.

I expect the carriers to beg us to come back after the mess that will occur when the exchanges go active, they'll have a huge customer service nightmare on their hands that will be near impossible to rectify.

 

[insurehound]

50%...and everyone keeps saying "diversify". Easier said then done.

 

[GreenSky]

Ok, maybe I should have said I'd rather open a taco stand.

You could have said this, but you didn't. It's okay, Rock Hudson was married at one time also.

Rick

 

[arnguy]

Maybe John should open a doughnut stand. He could sell doughtnut holes, too.

 

[AllenChicago]

According to this article, the Younger agents will earn more than the Old-Timers.

Insurance News - Perspectives: Amid Concerns for Producers, New Opportunities With Health Reform

The guy who wrote this has probably never been an agent!

-AC

 

[SalemInsuranceGuy]

I would like to suggest two books:

1. "Who Moved My Cheese?" The cheese supply is disappearing fast. It's time to leave the old supply of cheese and find a new one.

2. "Atlas Shrugged", by Ayn Rand. It's a long book but I highly recommend it. After you're done reading it I highly recommend you "Go Galt".

 

[davidleekline]

There is too much guess-work involved to figure out how then will change. We need to deal with the P & Qs, Health exchanges may reduce our involvement , fewer sales, tax penalities may expand the market. On the price side--I think a lot will depend on how carriers react to the higher loss ratio requirement. For BCBSIA it looks like commission are going up for the street magnets while the MGA are taking a hit. I go with 669comche. Half-full but play it smart, I'm looking to diversify, keeping eyes open to possible opportunities.