National States Insurance

[G.Gordon]

Personally I don't worry too much about financial ratings with medsupp carriers in Missouri. We're lucky to have a two/three year run with most companies due to that GI law. In other states I am a little more diligent about doing research about a companies track record. The reasoning is: In MO they aren't trapped on a carrier. If a company goes belly up they are GI for another plan. All claims will get paid.

I'm done with NatState due to their PITA business practices. All supplies have been trashed.

 

[Medicareguy]

AGREE!!! Has anyone said seize and de-list?

"National Snakes" had an issue age policy in WI and failed. Now they are coming in with an age-rated policy with rates under $90 per month with a plan similar to F in other states. Just another come-on rate they simply cannot support. United of Omaha just took a 28% increase 4/1/10 and had a 9.2% in September 09. National Snakes will be a flash in pants like Mutual of Omaha, United World Admiral Life, Central States, Constitution Life, and how Gerber will be. History in WI...low-ball plans cannot survive the market we have here.

 

[5pill]

"National Snakes" had an issue age policy in WI and failed. Now they are coming in with an age-rated policy with rates under $90 per month with a plan similar to F in other states. Just another come-on rate they simply cannot support. United of Omaha just took a 28% increase 4/1/10 and had a 9.2% in September 09. National Snakes will be a flash in pants like Mutual of Omaha, United World Admiral Life, Central States, Constitution Life, and how Gerber will be. History in WI...low-ball plans cannot survive the market we have here.

What companies do you write for? I want the best too.

 

[Medicareguy]

A.M. Best Downgrades and Withdraws Ratings of National States Insurance Company | Business Wire

They are E rated:
http://www.thestreet.com/tsc/rating...ECSU_15DF8F40-EB3E-40C8-9F38-19FC0A6A9344.PDF
- - - - - - - - - - - - - - - - - -

AGREE!!! Has anyone said seize and de-list?

E rated...
http://www.thestreet.com/tsc/rating...ECSU_15DF8F40-EB3E-40C8-9F38-19FC0A6A9344.PDF
- - - - - - - - - - - - - - - - - -

MedicareGuy: 3 THOUSAND med sup clients - come on man!

Yes, 3,000. I'm a direct writer with WPS for 10 years. I write 400-500 each year. I wrote 7 today.

 

[sman]

I really want to know how you get in front of that many people. I'm not trying to bust your chops. I really want to know so I can increase my Med Supp business to your level.

 

[MedSuppPro]

​