G
Guest
Guest
I agree, this is the money maker. Frank knows his stuff, he and Craig Ritter are super experienced gurus, so unlike underage (health) where we knew changes were coming, there is nothing on the board for med supps, just med advantage which makes med supps even more viable.
Because I said so? haha
I have never been one to run around yelling "the sky is falling" nor do I believe in "blowing smoke" at people. Everything I do I have always approached with a positive attitude. I look at all the information available at the time and use that to make what I think is a well informed, intelligent decision.
Could it happen? Sure, anything is possible. Rick could become a borne again Christian, Al could start agreeing with everyone and become a Republican.
Med Supps have always stood out as a unique product in the insurance industry. No other kind of insurance that I am aware of pays the agent first year commission for the first six years in almost all states. The plans are standardized and must be the same from company to company and state to state with only a couple of exceptions.
They do not fall under the definition of the recent legislation even though a lot of agents, the "sky is falling" group, argued with those of us who knew they didn't.
But, answer this question. Why weren't Med Supps included in the recent legislation? Why did MOO increase the commission? In seventeen years I have never seen that happen, not ever. It doesn't sound to me as though commissions are going to go South.
None of us "really" know much of anything before it really happens. They say the world is going to end in 2012 but I'm not concerned about that either, at least not today.
In other words I can't tell you why I don't think it will happen for the same reasons others cannot present information saying that it will happen. Most things in insurance are just a WAG at best until it is reduced to writing.
I have no plans to change what I'm doing.