Premium Pricing on Med Sups... How so Low ?
- Thread starter Davis B
- Start date
You would be correct.
- Thread starter
- #13
- 6,462
Please chill a bit.
First: you asked.
Second:
Some agents will not sell the High Deductible Medigap plan because they see only the maximum financial exposure the plan represents to the plan holder. They (the agents) are unwilling to let the prospective client make some judgement calls about their own future insurance needs. I have experienced this bias in conversation here. I have also personally experienced it while shopping for an HDF plan.
Some agents will not sell the High Deductible Medigap plans because of low commission levels. Some agents have repeatedly and pointedly told me that in forum posts. I believe I have also personally experienced that while shopping for an HDF plan.
Your own personal opinions about insurance deductibles:
(Also note the insurance carrier has claims processing costs even before they make any actual claims payments.)Agreed...its a Gimmick (like car sales). Agent says 'Payments from $39/mth'...but the fine print says 'deductible of 4k must be met PRIOR to insurance paying 1 dime'...
And your personal opinions about the High Deductible plan commissions:
do not make the High Deductible Medigap plans an invalid Medigap plan choice for some Medicare beneficiaries.
(Again, Caveat NOT an agent, but I am an older Medicare Beneficiary holding an HDF plan.)
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- 4,707
I use HD G as a loss leader to get to the real money! Selling the Medicare Part D!
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