I guess I could be wrong but why on earth would a "larger" producing agent as you say go to a brokerage for "support" If they are large producing agents why not just go direct and why need support? Advancing?
Summary of Benefits Mandate - Effective September 2012.
- Thread starter AllenChicago
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One moved to Florida to focus on LTC with an agency that's successful in that discipline. Another is now with an agency here in the Chicago area that provides (according to her) a 12 month advance upon app submission that focuses on Health Insurance that isn't Obamacare scrutinized. Probably defined-benefit stuff. -ac
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Having lived in both Chicagoland ("the Hawaii of the Midwest") and here in Florida, I can say with authority that the weather is way better here. Focusing on LTC? Not so sure.
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The grass is always greener ...
and those claiming to be big producers living off advances are just a house of cards waiting for the cool breez to blow
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Is AllenChicago saying that the SOB is now requiring an SOB?
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Blue Cross of Illinois sent out an e-mail on 10/26/2012 stating that due to technical challenges, they do not yet have the Summary of Benefits available for existing customers. They will let us know when they do.
If setting up the software to match a one-page SOB up with each customer's policy is a challenge, imagine the intricacies involved with calculating subsidies and correctly billing each customer who buys a plan on one of the new exchanges in 2014. I suppose BCBS will work with the IRS, which means that BCBS will make a lot of customers angry due to the IRS providing incorrect and/or delayed income information. Lots of finger pointing while the customer gets sick with no active insurance policy.
If setting up the software to match a one-page SOB up with each customer's policy is a challenge, imagine the intricacies involved with calculating subsidies and correctly billing each customer who buys a plan on one of the new exchanges in 2014. I suppose BCBS will work with the IRS, which means that BCBS will make a lot of customers angry due to the IRS providing incorrect and/or delayed income information. Lots of finger pointing while the customer gets sick with no active insurance policy.
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