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Guest
Guest
I'm getting more and more frustrated with the proposed "reform" for insurance. Even the expectation of removing underwriting for health insurance is affecting my medicare supplement clients - even though Obama, in all his "wisdom," assured that it would not affect the elderly at all. Companies have been going up on their rates preemptively since election - one company boosted its Plan A over 102%. I had to call clients, inform them - Some could not pass the underwriting for a new plan and are going straight Medicare because they can't afford the supplement every month. For some, this is feasible, but I have others that will be in dire straights because of this.
I am exhausted emotionally from knowing that not only are my clients going to be paying way more out of pocket, thus hurting them, but it also shows me that my ability to help them is becoming increasingly reliant on the government. This infuriates me - nothing I do in a private sector when it comes to helping, counseling, and providing good financial advice should EVER rely on the government. I try to be optimistic, but I fear the outlook is grim on any clients - not just mine.
What are your experiences thus far with the preemptive government affect on rates? What do you think is going to change for medicare supplements come the future?
I am exhausted emotionally from knowing that not only are my clients going to be paying way more out of pocket, thus hurting them, but it also shows me that my ability to help them is becoming increasingly reliant on the government. This infuriates me - nothing I do in a private sector when it comes to helping, counseling, and providing good financial advice should EVER rely on the government. I try to be optimistic, but I fear the outlook is grim on any clients - not just mine.
What are your experiences thus far with the preemptive government affect on rates? What do you think is going to change for medicare supplements come the future?
