- Thread starter
- #21
- 9,744
And the hits just keep on comin'!
2 Calif. health insurers to pay $13M for dropping clients - USATODAY.com
2 Calif. health insurers to pay $13M for dropping clients - USATODAY.com
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
And the hits just keep on comin'!
2 Calif. health insurers to pay $13M for dropping clients - USATODAY.com
On the other hand, insurance companies would want nothing better than having the government declare you must have health insurance. Then the insurance companies can offer plans no longer need a sales force and the companies can offer plans without health agents.
In my state, auto insurance is required and there are P&C agents on most every corner. I can count 5 within a 2 mile drive in one direction. If (and that's a big if) the government mandated it, I believe there would still be a need for agents. Just my opinion.
And what is the commission?
You mean just like Individual Health sales in Massachusetts, New Jersey and New York? How is that going? GI works so well in these states and agent commission? Ohhh wait there is none other than a token maybe a few dollars.
In my state, auto insurance is required and there are P&C agents on most every corner. I can count 5 within a 2 mile drive in one direction. If (and that's a big if) the government mandated it, I believe there would still be a need for agents. Just my opinion.
And what is the commission?
You mean just like Individual Health sales in Massachusetts, New Jersey and New York? How is that going? GI works so well in these states and agent commission? Ohhh wait there is none other than a token maybe a few dollars.
But if we did have universal coverage (i.e. - Medicare) there would likely be supplements for that coverage and thus a need for agents.
The commission is 10%-15% for most P&C agents. Not really that different than health insurance.
But the more I think about it, this really isn't an accurate comparison so I shouldn't have even brought it up. You see, auto insurance is required if you are going to drive a car. But it is not guarantee issue. If you have a bad driving record, you are going to have a tough time getting coverage. And at the very least, pay a much higher price.
Even with GI health insurance, we are talking about two different things when discussing universal coverage. When I think of universal coverage, I think of Medicare. I definitely don't want GI since it actually increases the cost of coverage. And I don't want universal coverage either. I'm all for a state high risk pool. But if we did have universal coverage (i.e. - Medicare) there would likely be supplements for that coverage and thus a need for agents.