ok texas....get ready for.....

ok.... how can this company Precedent market insurance in texas under the Precedent name and not be licensed in texas....
 
There is some kind of connection to American Community. Haven't researched it enough to see what the connection is.
 
They underwrite the policy...but you can not market under a named insurance co. without being lic in that state........

There is some kind of connection to American Community. Haven't researched it enough to see what the connection is.
 
my contact at the DOI just sent me cc email that it has been turned over to advertisement enforcement ......
 
Here is what the plan looks like for a 21yr old male NS that live in Austin.

Plan Name: Tempo
Premium, Coverage Level 1 Monthly:$87.32 Quarterly:$261.96 Annually:$1,047.84 Coverage Levels and Activation Premiums: Coverage Level:Maximum Benefit Payable:Activation Premium:1$ 1,000none*2$ 7,500$1,7003$15,000$2,0004$ 5 million$5,700Benefit Levels Deductible: none Medical Benefit Coverage Percentage Coverage Level 1 Participating ProvidersNon Participating ProvidersWe pay60%50%You pay40%50%
Coverage Level 2 - 4 Participating ProvidersNon Participating ProvidersWe pay100%70%You pay0%30%Prescription Drug Benefit Coverage Percentage We pay 60% of participating pharmacy costs Special Benefits and Provisions, all Coverage Levels: Preventive Care: $400 per benefit period Accident Benefit: We will waive the Deductible and pay the Covered Charges at the Network Benefit Percentage. The Deductible will be applied to any Covered Charges incurred after the 30 day limit has been met. Dental Benefit:$250 per benefit period Vision Benefit: 1 vision examination per benefit period Lifetime Maximum Benefit:$ 5 million For a full description of your plan benefits,view Plan Details.
* Premiums for Coverage Level 1 benefits. Activation Premiums for Coverage Level 1 do not apply
 
Sorry I could not get it to paste better.

Plan Name: Rhythm
Premium, Coverage Level 1 Monthly:$88.96 Quarterly:$266.88 Annually:$1,067.52 Coverage Levels and Activation Premiums:
Coverage Level:
Maximum Benefit Payable:Activation Premium:1$ 2,500none*2$10,000$2,1503$20,000$2,5504$ 5 million$3,800Benefit Levels Deductible: $250 Medical Benefit Coverage Percentage Coverage Level 1 Participating ProvidersNon Participating ProvidersWe pay70%50%You pay30%50%
Coverage Level 2 - 4 Participating ProvidersNon Participating ProvidersWe pay100%70%You pay0%30%Prescription Drug Benefit Coverage Percentage We pay 60% of participating pharmacy costs Special Benefits and Provisions, all Coverage Levels: Preventive Care: $400 per benefit period Accident Benefit: We will waive the Deductible and pay the Covered Charges at the Network Benefit Percentage. The Deductible will be applied to any Covered Charges incurred after the 30 day limit has been met. Dental Benefit:$250 per benefit period Vision Benefit: 1 vision examination per benefit period Lifetime Maximum Benefit:$ 5 million For a full description of your plan benefits,view Plan Details.
* Premiums for Coverage Level 1 benefits. Activation Premiums for Coverage Level 1 do not apply
 
Back
Top