Anybody ever here of AIM Guaranteed Issue Insurance? Just saw their website and they are looking for health insurance agents. They will set you up with free leads and your own website all you have to do is sign-up online. Is this a legitimate company?
Anybody ever here of AIM Guaranteed Issue Insurance? Just saw their website and they are looking for health insurance agents. They will set you up with free leads and your own website all you have to do is sign-up online. Is this a legitimate company?
Post the link to this website so that we can see what you are talking about.
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Make sure that brain is in gear before operating mouth
Individuals, families and groups should discuss with the insurance agent the importance of HIPAA compliance regarding pre-existing conditions and portability. AIM Health Plans utilizes America's largest PPO network (Multiplan), over 500,000 providers, and offers impressive savings when network providers are used.
You do realize that limited benefit plans are not HIPAA compliant, right?
This thing has been floating around for at least 2 yrs, maybe longer. Supposedly Pan Am was the issuing carrier, then it was Chesapeake, then Fairmount.
I poked around a bit, but not that much. Failed to see a carrier. Major red flag.
I note they are using an online app now instead of a paper one (which had never been filed in GA and probably not in any other states either).
GENWORTH LIFE AND ANNUITY INSURANCE COMPANY1/10/20058/31/2009STATEPalm BeachJOHN HANCOCK LIFE INSURANCE COMPANY1/10/20038/31/2009STATEPalm BeachUNICARE LIFE & HEALTH INSURANCE COMPANY7/17/20078/31/2009STATEPalm BeachSTERLING INVESTORS LIFE INSURANCE COMPANY5/16/20078/31/2009STATEPalm BeachHUMANA HEALTH INSURANCE COMPANY OF FLORIDA, INC.8/10/20048/31/2008STATEPalm BeachALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA6/4/19988/31/2008STATEPalm Beach
HEALTH(0240)
Company NameOriginal Issue DateExp DateTypeCountyMUTUAL OF OMAHA INSURANCE COMPANY2/27/19978/31/2009STATEPalm BeachCAREPLUS HEALTH PLANS, INC.6/1/20058/31/2009STATEPalm BeachVISTA HEALTHPLAN, INC.7/1/20018/31/2009STATEPalm Beach
Has to be from one of the above, if it is a legit plan.
AIM Health Plans has its place and is not "100% bogus", as somarco states. Where people get into trouble is when they try to pass this off as an actual Major Med plan, which it is not.
It is clearly a defined benefit health plan that should be marketed to only two types of clients: 1) Those who are medically declined for Major Medical insurance, & 2) Those who are priced-out of Major Medical insurance. Marketing to any other groups is clearly irresponsible. Furthermore, AIM HP has never had the first negative issue regarding HIPAA compliance issues. Also, paper applications are used as well as online apps.
Somarco, go do your homework before you open your blow-hole concerning matters on which you are not well-versed. I thought that I taught this lesson to you back on the ACA thread.
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Tim Lett
P.O. Box 1617
Gadsden, AL 35902
You must mean things like the websites that claim it is HIPAA compliant. Apparently that does not mean your definition of bogus.
Perhaps a course in remedial English is in order.
A few questions for you.
Which carriers name appears on the application? What is the policy form number that is reference in the marketing material and on the app? What is the revision date on the app? Has your state approved the plan and app? Are you certain?
You must mean things like the websites that claim it is HIPAA compliant. Apparently that does not mean your definition of bogus. Perhaps a course in remedial English is in order. A few questions for you. Which carriers name appears on the application? What is the policy form number that is reference in the marketing material and on the app? What is the revision date on the app? Has your state approved the plan and app? Are you certain?
Somarco, first of all, I speak and write perfect Southern English and have no need of remedial English. Secondly, if the plans are being sold to folks who need something like this and it benefits them, then why should you stress yourself out by yelling at the rain and trying to discredit something that is beneficial to someone. You know, you'd feel much better if you'd just quit bitching about everything and get the facts straight before you show your ignorance in public. The fact is that there are some people who need a plan of this nature. Some folks are priced-out of Major Medical. Some folks are not able to be medically approved for Major Medical. So, chill out. These folks need a little protection, too. You sound like someone who has never studied the benefits that can be received by the client.
The plans are HIPAA compliant in that if someone comes to the plan presenting a certificate of creditable coverage, they will receive proper credit toward any waiting period for pre-existing conditions. Also, someone leaving the plan will receive a certificate of creditable coverage.
The carrier/underwriter is American Medical and Life Insurance Company out of New York.
As for the forms, I have them all if someone would like to see them. Each product has its own brochure and enrollment form.
The carrier/underwriter is American Medical and Life Insurance Company out of New York.
I did some due diligence on this thing about two years ago. I believe there may even be some old posts (how far back do the archives go?).
Caught up with the guy "marketing" it, in I believe, Valhalla NY. No business listing of any kind, guy workin' out of his house with a cell phone.
Called American Medical & Life (in NY), and talked with their CEO. He told me specifically it was NOT approved in Florida, even though the marketing stated that it was.
Bottom line: best to check with your state's DOI to make sure it's approved - if not you could be in deep sh*t!
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[COLOR=blue]Don't steal - the government hates competition.[/COLOR]
Caught up with the guy "marketing" it, in I believe, Valhalla NY. No business listing of any kind, guy workin' out of his house with a cell phone.
Same deal.
Lou DeLuca at Insurance Resource Group.
At the time he called the product Health One. Said it was fully insured and Chesapeake was the issuing carrier. Finally sent me an app which I turned over to the GA DOI.
Here is what I got back from the DOI.
[COLOR=navy][COLOR=navy]Bob:[/COLOR][/COLOR]
[COLOR=navy][COLOR=navy][/COLOR][/COLOR] [COLOR=navy][COLOR=navy]The specimen you provided had a number that seemed to follow the pattern of their filings, but was not a match, and did have a TX suffix included that would seem to indicate it was probably a state of [/COLOR][/COLOR][COLOR=navy][COLOR=navy]Texas[/COLOR][/COLOR][COLOR=navy][COLOR=navy] filing, rather than a [/COLOR][/COLOR][COLOR=navy][COLOR=navy]Georgia[/COLOR][/COLOR][COLOR=navy][COLOR=navy] filing.[/COLOR][/COLOR]
[COLOR=navy][COLOR=navy][/COLOR][/COLOR]
[COLOR=navy][COLOR=navy]Tom Carswell[/COLOR][/COLOR]
In later correspondence he went on to say the policy was not filed, or approved in GA. Further, the policy would NOT be approved based on the marketing information provided.
He also said it was not HIPAA compliant . . .
Not that it would mean anything to those who think they understand HIPAA.
The guy would talk to me while washing dishes and feeding his dog. I never felt comfortable with it.
Sent it to a buddy in OH who also ran it by the OH DOI.
Same kind of feedback.
Paul, you know this, but for those who are trying to follow the bouncing ball, limited benefit plans are not considered creditable coverage by any carrier.
In most states, STM plans are not considered creditable coverage.
States are allowed to pass laws that are less restrictive if they wish, and Georgia has deemed STM to be creditable coverage when transitioning back to group cover.
Also, you make premium payments to "IRG" - Insurance Resource Group that has no website, no physical address. they listed a NY address that turned out the be bogus.
After several emails they told me they're based in DE, not NY - I asked why they list a NY address; no reply. I asked why premiums when into their bank account when "IRG" has no business listing.
They, to date, will not provide their physical address in DE nor will they explain with "IRG" doesn't seem to be a company filed in any state.
2 years back they said they were underwritten through Chesapeake - that proved to be false and "company headquarters" turned out to be a house.
------------------------------------ Health Insurance Agents: Training, Support, Discounts, E&O for $440 www.ihiaa.com
What difference does it make if they are paying claims or not?
If the product is not properly filed with the state DOI (which it is not), and all attempts to track it back to a carrier or real business address, why would you want to sell it?
Premiums seem to go into their account yet they are obviously not the one cutting claims checks. so how does the insured know that they are forwarding the premiums to the underwriting carrier?
Assurant collects the premiums for AIG/Suite Solutions however Assurant is not operating from a cell phone with no established business address
What difference does it make if they are paying claims or not?
If the product is not properly filed with the state DOI (which it is not), and all attempts to track it back to a carrier or real business address, why would you want to sell it?
AIM Guaranteed Issue Insurance
I thought that I taught this lesson to you back on the ACA thread. 
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