- 487
As a a health and medicare insurance agent I have been very concerned about the future of our industry and the security of our careers as agents. Both candidates have very different proposals for thier solutions to the healthcare crisis. Lets discuss what we think will happen to our industry and careers if either of these candidates become our next president.
I.E. , if Obama is elected he is proposing a national healthcare plan similar to that recieved by federal employees. If this is the case do you think that those clients we have serviced for years and been paid on thier renewal premiums will leave the plan we sold them to go on this national plan therefore reducing our ability to build a residual income? Do you think we will be able to sell some type of supplimental insurance like we do for medicare? Will the role of the health insurance agent no longer be necessary if we have national health coverage?
If mcain is elected he will continue the excess capitation rates (in excess of 13-17% more than the same medicare beneficiary on traditional medicare) to private insureres selling advantage plans. This will cause the medicare trust to become insolvent much sooner than ever before. He will also reduce physician payments over reducing these capitations to private advantage plan companies. This will cause more providers to no accept medicare or medicare assingment. These over payments to advantage plans are detrimental to the stability of medicare. For those of us who focus on the 65+ markets how do you think this will effect our business in the long term?
I.E. , if Obama is elected he is proposing a national healthcare plan similar to that recieved by federal employees. If this is the case do you think that those clients we have serviced for years and been paid on thier renewal premiums will leave the plan we sold them to go on this national plan therefore reducing our ability to build a residual income? Do you think we will be able to sell some type of supplimental insurance like we do for medicare? Will the role of the health insurance agent no longer be necessary if we have national health coverage?
If mcain is elected he will continue the excess capitation rates (in excess of 13-17% more than the same medicare beneficiary on traditional medicare) to private insureres selling advantage plans. This will cause the medicare trust to become insolvent much sooner than ever before. He will also reduce physician payments over reducing these capitations to private advantage plan companies. This will cause more providers to no accept medicare or medicare assingment. These over payments to advantage plans are detrimental to the stability of medicare. For those of us who focus on the 65+ markets how do you think this will effect our business in the long term?
