MIB Report & Script Check

[somarco]

That is one of the reasons why carriers are running Rx checks. More accurate (most of the time, but still not foolproof). Also, medication history (since we are a pill-popping society) is a better gauge of health.

If you want to game the system, there are still ways but the carriers are closing most of the loopholes.

 

[bill3173]

That is one of the reasons why carriers are running Rx checks. More accurate (most of the time, but still not foolproof). Also, medication history (since we are a pill-popping society) is a better gauge of health.

If you want to game the system, there are still ways but the carriers are closing most of the loopholes.

Does it really do any good to game the system? They can always get doctor's records, or get the client to fold under questioning? What's the advantage?

 

[somarco]

No, I never tell folks how to cheat, or game the system. It will always come back to haunt them (and me if I participate).

I attended a CE class on ethics a few years back where the discussion wandered in to ways to hide your medical history from the carrier. It was both a beneficial discussion and disturbing to hear how far some folks will go in an attempt to cheat the carrier.

 

[bill3173]

No, I never tell folks how to cheat, or game the system. It will always come back to haunt them (and me if I participate).

I attended a CE class on ethics a few years back where the discussion wandered in to ways to hide your medical history from the carrier. It was both a beneficial discussion and disturbing to hear how far some folks will go in an attempt to cheat the carrier.

I'd rather be beaten with a rubber hose, than go thru what some do on PI UW. I've only had one case in the last 3 years that failed PI UW miserably and the policy was rescinded.

 

[Y.L. Prinzel]

No, I never tell folks how to cheat, or game the system. It will always come back to haunt them (and me if I participate).

I attended a CE class on ethics a few years back where the discussion wandered in to ways to hide your medical history from the carrier. It was both a beneficial discussion and disturbing to hear how far some folks will go in an attempt to cheat the carrier.

Our reps used to conduct phone interviews with the PI's and one of the agents (one who always sent a money order in as the first premium) called us, after we had left a message for the PI, pretending to be him. Turns out the PI had suffered a stroke, couldn't speak, and was uninsurable. We fired the agent with cause, but imagine how many clients he got through that we didn't catch.

 

[somarco]

As I said, I don't tell folks how to game the system, but I do coach them on what to expect and what the underwriter is looking for.

I know the rules of engagement better than probably anyone. If there is a way to get an app issued legitimately, I can do it. Hardly a week goes by that I am not contacted by someone who was turned down by other carriers and, after listening to their story, will make an assessment if I want to let them hire me.

Took an app today on a guy who was turned down by several carriers. Did a pre-screen with two carriers, one was one where he started the app and then failed to follow through. Both carriers indicated tentative offers.

He currently has some crap mini med and a junk Rx card for a total of $400 month. I will put him in a $2700 HSA 100 for about half that.

My client list is littered with folks like this that could not find coverage on their own or through some bozo agent.

 

[Russ]

I read this thread and ordered my MIB. It came in the mail today and was accurate with my health history.

 

[Mark]

Do share, what kind of things did it know about?

Give us an example of what it shows. Like E.R. visits, conditions or what?