Looking for Quote Engines for Med Supp's
- Thread starter JNJ
- Start date
G
Guest
Guest
Why would you need a quote engine, if med supps are all about price? Wouldn't you just sell the lowest priced company? As long as they're reputable?
Unless you want it to discern what's lowest in your state.
Unless you want it to discern what's lowest in your state.
- 7,066
Why would you need a quote engine, if med supps are all about price? Wouldn't you just sell the lowest priced company? As long as they're reputable?
Unless you want it to discern what's lowest in your state.
There really is no such thing as "the lowest priced company". Med Supp premiums with the same company are going to vary greatly from one state to another. Company X may be the most competitive in one state and be the highest in another state.
One should only be concerned with the premiums the different companies charge in the state/states he/she sells in.
G
Guest
Guest
I'm not sure why so many people are concerned with semantics when it comes to these posts. Most competitive or lowest price? I think most people could have figured out the meaning.
I didn't think I had to specify my post was pertaining to the state you're selling in but thanks for clarifying.
- 7,066
I'm not sure why so many people are concerned with semantics when it comes to these posts. Most competitive or lowest price? I think most people could have figured out the meaning.
I didn't think I had to specify my post was pertaining to the state you're selling in but thanks for clarifying.
Rob,
This is what you posted, "Why would you need a quote engine, if med supps are all about price? Wouldn't you just sell the lowest priced company? As long as they're reputable?
Unless you want it to discern what's lowest in your state."
In the first paragraph you state "just sell for the lowest priced company". Then you say "Unless you want to discern what's the lowest in your state".
That implies two different thoughts. The first is the "lowest priced company" and the second is "lowest in your state". If you intended it to be one thought then why did you use the word "unless".
It's not being "hung up on semantics" it's about trying to figure out what you were trying to say. I would think, as a professional trainer, you of all people would know that.
I know you are new to Med Supps and I was just trying to understand your comments and respond in a helpful way. Apparently you didn't see it that way. Sorry for trying to help.
- 15,319
When an agents sells in many states, it can be a bit difficult to keep up with rate changes, new carriers, and new plans (ie. MOO Plan J). The question about a quote engine is very valid.
I have not found any place other than Ritter's website (www.ritterim.com) where I can run quotes on multiple carriers.
I keep up quite well with pricing in California for the 6 carriers writing most of the business. I have looked for the little used carriers here to differentiate myself from 99% of the agents. But I only occasionally get a request for a supplement in one of the other states where I am licensed. I want to do the best I can for my prospect and a quote engine would be helpful.
A few days ago there was a post offering advances on BCBS in California. There is no such company. But why is it that advances are more important than providing your client with value?
However, I'm not promoting myself as a trainer or recruiting agents for Med Supps. I've also been in this part of the industry for about 10 years (not 2-3 months) so what do I know?
Rick
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What else do you think a quote engine does?
Rick
I have not found any place other than Ritter's website (www.ritterim.com) where I can run quotes on multiple carriers.
I keep up quite well with pricing in California for the 6 carriers writing most of the business. I have looked for the little used carriers here to differentiate myself from 99% of the agents. But I only occasionally get a request for a supplement in one of the other states where I am licensed. I want to do the best I can for my prospect and a quote engine would be helpful.
A few days ago there was a post offering advances on BCBS in California. There is no such company. But why is it that advances are more important than providing your client with value?
However, I'm not promoting myself as a trainer or recruiting agents for Med Supps. I've also been in this part of the industry for about 10 years (not 2-3 months) so what do I know?
Rick
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I assume you are suggesting that the use of a quote engine might be to determine the plan with the lowest rates.Why would you need a quote engine, if med supps are all about price? Wouldn't you just sell the lowest priced company? As long as they're reputable?
Unless you want it to discern what's lowest in your state.
What else do you think a quote engine does?
Rick
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You can access JSA's Medicare Supplement Rate Illustrator - MSRI by creating an accout here...since I have not made 10 posts on this site I cannot attach a URL. However you can simply do a Google search of JSA online.
The JSA MSRI has Texas represented with 8 carriers. Thanks.
The JSA MSRI has Texas represented with 8 carriers. Thanks.
- 3,863
If you have 3 reputable medicare supp companies selling a F plan, at $150/mo, $165/mo and $180mo - what would be the reason for anyone to buy anything other than the $150/mo carrier?
Assuming all carriers are fairly reputable and well known.
Assuming all carriers are fairly reputable and well known.
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