MEC Plans for Individuals? LOVE Your Feedback

[David Taylor Jr]

I'm sure most people will get more money out of the MEC policy than what the premium for MEC?? Not.

Or, most people just won't use the MEC plan.

Same people could just pay cash and save even more money, then using a MEC plan and premium. Mymedlab.com, goodrx.com and whatever physical dot com you want to use.

If you used every screening, which some of my clients on MEC actually do, it would be a LOT cheaper to have the MEC plan. By HUNDREDS OR THOUSANDS of dollars.

 

[Yagents]

But most dont use it, so it's a waste of money, or you can get same discounted price by paying cash

 

[David Taylor Jr]

But most dont use it, so it's a waste of money, or you can get same discounted price by paying cash

For a lot of people, yes. But you made a universal statement that was false.

 

[Yagents]

Sell what you like, I don't care.

 

[David Taylor Jr]

Sell what you like, I don't care.

I sell whatever makes sense for the client. But we also need to make sure we aren't putting out incorrect or biased information and making it a universal blanket statement.

 

[Yagents]

And how many agents sell it as a stand alone product? Im sure the commission is in the 40% range. And I'm sure the company still makes money due to lack of use.

I only sell insurance policies

 

[David Taylor Jr]

And how many agents sell it as a stand alone product? Im sure the commission is in the 40% range. And I'm sure the company still makes money due to lack of use.

I only sell insurance policies

Well the commission on the one I sell is definitely not anywhere close to 40%. However, I'm not sure why you think these are not insurance. The one I sell covers illness and prescriptions as well.

 

[Yagents]

With a maximum benefit of what for illness and RX? $5k? $500? A million?

 

[David Taylor Jr]

With a maximum benefit of what for illness and RX? $5k? $500? A million?

$750 for Rx.

Illness is no max. Just deductible and coinsurance.

 

[goillini52]

$750 for Rx.

Illness is no max. Just deductible and coinsurance.

That can easily get maxed in the 1st month. What's the co pay?