UCT's Dental, Vision, Hearing Plan, Any Good?

[GoCubsGo]

Most indemnity plans like Assurant, UCT and Medico pay the most commissions first year and then barely nothing the second year. These indemnity plans have the worst retention.

The network plans like Golden Rule, Humana, Aetna, Delta, etc. are the better plans for your clients but pay 5-10% level commissions. Network plans have the best retention.

The best network plan I've come across is with Ameritas.
- Ameritas is the 2nd largest Dental Network behind Delta Dental
- Can use any provider.
- 2,500 max limit
- no waiting periods for preventative, basic or major services
- vision insurance included w/ no waiting period
- up to 28% level commissions (new/renewal)
- 12 month advance
- paid weekly
- easy online enrollment

I hope this helps

Ameritas offers individual dental?
- - - - - - - - - - - - - - - - - -


FOUND THIS BROCHURE
http://www.healthplan.com/ameritas/docs/brochure_dental.pdf


Shows lower limit and waiting periods

.

 

[The HIC Group]

Any more info on this? maybe a link or brochure. Thanks.

Hello Jimmy,

I emailed you an overview of this unique program and contracting instructions.

If anyone else is interested in learning more, feel free to send me a note to ssok @ thehicgroup.com
- - - - - - - - - - - - - - - - - -

Ameritas offers individual dental?
- - - - - - - - - - - - - - - - - -


FOUND THIS BROCHURE



Shows lower limit and waiting periods

.

This is not the Ameritas individual dental program we are discussing. If you would like more info please send me a note to ssok @ thehicgroup.com and I will be happy to forward you a full overview of the program.

 

[retread]

Most indemnity plans like Assurant, UCT and Medico pay the most commissions first year and then barely nothing the second year. These indemnity plans have the worst retention.

The network plans like Golden Rule, Humana, Aetna, Delta, etc. are the better plans for your clients but pay 5-10% level commissions. Network plans have the best retention.

The best network plan I've come across is with Ameritas.
- Ameritas is the 2nd largest Dental Network behind Delta Dental
- Can use any provider.
- 2,500 max limit
- no waiting periods for preventative, basic or major services
- vision insurance included w/ no waiting period
- up to 28% level commissions (new/renewal)
- 12 month advance
- paid weekly
- easy online enrollment

I hope this helps

All good for the agent, but how about the client? Most dental plans like MetLife (which I also have) etc only cover 50% for type 2/class 2 (or whatever nomenclature they use to group procedures) that generally include crown work. Supplemental plans are named (limited) benefit plans, but at least when they say they cover a benefit, it is at a higher reimbursement rate. Furthermore, if the client needs a lot of dental work, supplemental plans do not coordinate, therefore they pay in addition to comprehensive plans such as the ones you list. Not every client is going to go for this much in premiums, but with a little planning and thought, could result in savings should they have a number of crowns. As always, have a reason for the product and you may have a sale.... not every product is good for every client. If you have to work harder to make more sales in the event of poor retention, so what? Residuals are nice, but I like to put the client's needs first. Sometimes having a dynamite strategy is what a client wants. Also, there is a big difference in the needs for a young family and those of a senior.
As previously stated, not for everyone. YMMV.

 

[tins]

@ retread, I completely agree. Depending on the clients needs you MUST offer the appropriate coverage. I have access to almost every dental plan and I find that I am offering this Ameritas Program to more than 90% because it is that much better. If you like, I can forward you an overview. Just send me a note to ssok @ thehicgroup.com

Who pays the commissions to the agent, you are the insurance company?

 

[retread]

@ retread, I completely agree. Depending on the clients needs you MUST offer the appropriate coverage. I have access to almost every dental plan and I find that I am offering this Ameritas Program to more than 90% because it is that much better. If you like, I can forward you an overview. Just send me a note to ssok @ thehicgroup.com

Thanks for the offer, but I am winding down my business, not adding more products at this time.

Also, keep in mind that both the UTC and Medico products are 3in1. My clients (mostly seniors) see a product that will cover eyeglasses as well as dental.... not to mention hearing. This approach is more tangential to those who are aging. I didn't need glasses until I was over 40, and didn't need hearing aids until I was over 60. Now my crowns are having to be replaced. I use my network dental plan AND my UTC D/V/H plan to cover the expenses. A crown replacement runs me about $1000 each. I had two this year already. Between both plans, I covered almost 100% of the costs of crowns plus cleanings. Premiums run about $1000 annually, but I am careful to schedule eyeglasses (about $200) so that I get them covered also, getting more mileage from the coverage. (If I eventually need dentures, then I will drop the extra dental coverage I will no longer need. Since I am a senior, I think like my clients. )

 

[The HIC Group]

Who pays the commissions to the agent, you are the insurance company?

I do not believe in assigned commissions. I would highly recommend any agent not to go that route.

With this plan, commissions are paid directly from the company.

 

[GoCubsGo]

I emailed for the info and all I got was a copy of the info posted here already with a requirement of more info from me to get more details. Sorry, I'm not playing. Doubt there is a plan that has a $2,500 max with no waiting period for major services unless it only pays like 10% and has high premiums. No plan is going to be set up where you can sign up, use the max in a month and then quit. I have never seen a individual plan that was worth it. Still haven't. These are dental budget plans. ha

 

[The HIC Group]

I emailed for the info and all I got was a copy of the info posted here already with a requirement of more info from me to get more details. Sorry, I'm not playing. Doubt there is a plan that has a $2,500 max with no waiting period for major services unless it only pays like 10% and has high premiums. No plan is going to be set up where you can sign up, use the max in a month and then quit. I have never seen a individual plan that was worth it. Still haven't. These are dental budget plans. ha

@mustfastpitch - I understand your concern. Other's, just on this thread, have received the full info with online contracting and am sure can vouch for this program. I apologize for being vague, but I like to do business in a professional manner not with a [email protected] email address, no name, no agency name, etc.. Good luck with all of your future endeavors.

 

[STIBROKER]

Other's, just on this thread, have received the full info with online contracting and am sure can vouch for this program.

really............and how exactly can they vouch for this program...

I apologize for being vague, but I like to do business in a professional manner not with a [email protected] email address, no name, no agency name, etc.. Good luck with all of your future endeavors.

so spamming my forum is a professional manner....interesting.....



.

 

[The HIC Group]

really............and how exactly can they vouch for this program...





so spamming my forum is a professional manner....interesting.....



.

Hello STIBROKER,

I have been promoting a dental insurance program that really is the best thing that I have seen in all of my years selling dental insurance. I can provide you with all of the information if you like so that you know it is a completely valid and legal program that will provide value to all agents and agencies.

If I am doing something wrong, please let me know and I will stop immediately. I am pretty new to this forum and do not want to overstep my boundaries.

Please advise.