Mega/Healthmarkets Agents Selling Golden Rule???

Nov 13, 2009

  1. CustomInsurancePlans
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    CustomInsurancePlans New Member

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    Couldn't believe my ears when I heard that several UGA agents out of a Division in Texas were heading to an Airport hotel to be trained on selling the UHC Platinum Series....????

    Can anyone back this up?
     
  2. IAC.Ryan
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    IAC.Ryan Super Genius

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    I've actually heard a similar note. From what I was told - UHC bought the mega block - so NASE etc will be selling Golden Rule moving forward.
     
    IAC.Ryan, Nov 13, 2009
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  3. YouGotMyMoney
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    YouGotMyMoney Guru

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    Yep they are currently selling GR Plat.
     
  4. Crabcake Johnny
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    Crabcake Johnny Guru

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    UGA will become InSphere: Insphere Insurance Solutions

    Starting now but totally converting in Jan of '10 they will be selling most major medical carriers and attempt to be the number 1 captive health insurance agency in the country with a full carrier product portfolio.

    HealthMarkets is owned by the Blackstone Group which is financed partially by Goldman Sachs...which means they have all the marketing capital in the world at their disposal.
     
  5. CustomInsurancePlans
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    CustomInsurancePlans New Member

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    What a dumb name.

    I just found out that they didn't buy their book of business (no one wants that)...

    What's stopping these misfits from misrepresenting UHC just like they did Mega products? Will they be selling virtually with electronic apps or continue face to face? Do UGA Agents know how to use computers?
     
  6. brookfieldpartners
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    brookfieldpartners Expert

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    That is very interesting....InSphere is being run by Phil Hildebrand. One of the old powers of New York Life. He knows how to run a career agent system.

    It will be interesting to see what is done. I am sure we will see them around us soon.
     
  7. ins.dave
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    ins.dave Guru

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    Why all that work when we will have "free," health insurance for everyone supplied by Uncle Barry?
    Right.
     
    ins.dave, Nov 14, 2009
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  8. motoxxx
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    motoxxx Super Genius

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    Dave, you just made coffee run out of my nose!

    Great, now I have to deal with Mega Agents again? Man, I thought when I left that company 5 years ago that they all had crawled under a rock somewhere, never to be seen or heard from again.

    Uncle Barry is gonna save us!.............:no:
     
    motoxxx, Nov 19, 2009
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  9. 81Firebird
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    81Firebird Expert

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    What will they pay the agents- 5%? How else will their pyramid manager structure work.
     
  10. Crabcake Johnny
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    Crabcake Johnny Guru

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    My source tells me it's 15% to agents for selling GR. IMHO, I don't think GR would allow InSphere to comp less.
     
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