Initial's Meanings

[newkidontheblock]

I have a lot of questions, but first is there somewhere I can learn what all the initials stand for.

 

[insuranceexec]

Mark, I think she is talking about professional designations.......

The American College

This should help..................

 

[newkidontheblock]

Since this forum was Getting Started Selling, I was hoping my lack of knowledge would not be so evident. I went to the link you posted but that was not any help. When I read through different threads and see various initials, I wind up searching other threads just to figure out what they mean. I was hoping there might be somewhere on this board that could show me what the acronims stand for.

I don't have a license yet, I am seriously considering insurance for seniors. So before I make my final decision, I am doing research. This board has been very helpful in that (only found it 2 days ago). So please forgive my ignorance. My experience is with in home sales, and I enjoy working with seniors, that is why I am leaning toward insurance

 

[insuranceexec]

So again; what initials are you talking about?

 

[souldeux]

I'll take a stab:

FMO: field marketing organization
IMO: insurance marketing organization
GA: general agent
MGA: managing general agent
MAPD: Medicare Advantage Part D
CMS: Centers for Medicare Services
HMO: Health Maintenance Organization
PPO: Preferred Provider Organization
POS: Point of Service
AHCP: American Health Care Partners
HCO: Health Choice One
BCBS: Blue Cross Blue Shield
BX: Blue Cross
FYC: First Year Commission
CRM: Client/Customer Relations Management
CFP: Certified Financial Planner
CLU: Certified Life Underwriter
NAIC: National Association of Insurance Commissioners
NASE: National Associaton for the Self Employed (boooo)
NAHU: National Association of Health Underwriters

Those are all that I can think of off of the top of my head.

 

[xrac]

Here are some sources for understanding insurance acronyms:

Insurance Acronyms | Sugar Creek Mutual Insurance Company

Acronyms for Life, Accident & Health Insurance and Managed Care - Illinois Division of Insurance

http://www.naic.org/documents/library_Acronyms_Proc.pdf

Acronyms for Life and Health Insurance and Managed Care

 

[chp]

POS means Point of Service?

I thought it meant something else....

 

[souldeux]

POS means Point of Service?

I thought it meant something else....

When I'm telling a client about Humana's National Open Access POS and they start giggling, I know I've got 'em

 

[arnguy]

One minor correction, Nick. CMS= Centers for Medicare & Medicaid Services.

 

[VaDwayne]

I'll take a stab:

FMO: field marketing organization
IMO: insurance marketing organization
GA: general agent
MGA: managing general agent
MAPD: Medicare Advantage Part D
CMS: Centers for Medicare Services
HMO: Health Maintenance Organization
PPO: Preferred Provider Organization
POS: Point of Service
AHCP: American Health Care Partners
HCO: Health Choice One
BCBS: Blue Cross Blue Shield
BX: Blue Cross
FYC: First Year Commission
CRM: Client/Customer Relations Management
CFP: Certified Financial Planner
CLU: Certified Life Underwriter
NAIC: National Association of Insurance Commissioners
NASE: National Associaton for the Self Employed (boooo)
NAHU: National Association of Health Underwriters

Those are all that I can think of off of the top of my head.

Thank God you cleared that up. Understanding some of the post has been like understanding my childrens text messaging.