MedSuppGuy
New Member
- 1
I am curious to understand how others would measure their Med Supp Carriers this past AEP. Give me your top five and why?
Rate Your Med Supp Carriers this AEP
- Thread starter MedSuppGuy
- Start date
- 4,707
What do med supp carriers have to do with AEP? Please explain to me as I'm new to insurance.
- 2,177
As you know, AEP is the busiest time of year for most med supp carriers and the agents who sell these products. This is partly due to beneficiaries mistakenly believing AEP is the only time they can change their med sups and also because it's one of only two times per year most can drop an MA for a med sup (the upcoming MADP being the other). I get that you may be a little sarcastic here but it is a reasonable question.
- 15,319
AEP runs from 11/15 to 12/31 and is a time when Medicare beneficiaries can change their supplements without underwriting. After that they are locked in for another year.
If you send me $20/mo I'll teach you this and also why anyone that sells a plan other than F is screwing their clients.
Rick
- 16,880
AEP was crazy busy for us this year and we sold eight supplements to every one Advantage. You can't get them to understand that AEP doesn't apply to them so just roll with it.
We wrote Aetna, CSI, MOO, Oxford and Equitable.
We wrote Aetna, CSI, MOO, Oxford and Equitable.
Well worth the money! Lol
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I wrote mostly Transamerica, MOO, and AARP in Missouri.
Trans was biggest player for me as their rates were most competitive. That is the biggest driver of volume for the most part. AARP is nice for their limited underwriting as well as allowing people to GI off employer coverage onto Plan N.
Trans was biggest player for me as their rates were most competitive. That is the biggest driver of volume for the most part. AARP is nice for their limited underwriting as well as allowing people to GI off employer coverage onto Plan N.
- 4,707
I don't understand Medicare, the deductibles, and, coinsurance. Therefore, I sell Plan F. Why would I send you $20 other than to make you rich?
- 15,319
I'll teach you how to sell Plan F and add a hospital indemnity plan so your client won't have bills if they're hospitalized.
Clearly you are missing the boat here.
Rick
- 1,908
1. Equitable
2. Mutual of Omaha
3. AARP
4. Manhattan Life
5. New Era
2. Mutual of Omaha
3. AARP
4. Manhattan Life
5. New Era
