Norvax...On-Exchange Quoting

[TxOnline]

Here's an email I received today from Norvax:


Better serve your clients this open enrollment period and beyond by providing a comprehensive online marketplace to shop for both on and off-exchange health plans!

But how will this affect your quoting?

You’ll keep all of your current quoting functionality, only now you’ll have the added bonus of both client-facing and back-end on-exchange quoting, so your prospects can easily shop, filter and compare both on and off-exchange health plans!

For a chance to pre-enroll in our comprehensive quoting platform, including both on and off-exchange quoting, fill out the form and we’ll contact you shortly!

*Product, pricing and availability subject to pending and non-pending regulatory changes

 

[CHUMPS FROM OXFORD]

$299 set-up and $100 per month extra

$199 set-up and $49 per month extra

$149 set-up and $59 per month extra

$99 set-up and $79 per month extra

Pick one or all. One of them has to be right.

 

[AllenChicago]

Here's an older thread that contains info on Norvax and a couple of its competitors.
http://www.insurance-forums.net/forum/insurance-websites/quotit-vs-norvax-costs-t29187.html

Looks like you can "negotiate" (i.e. ASK FOR) lower monthly fees and even a waiving of the setup fee. If Norvax still has lower-priced competitors in this new Exchange environment AND if they still want agents to subscribe badly enough, the company may accommodate your request.

 

[Yagents]

They will have plenty of takers, and they only have 2 programmers dedicated to make these upgrades. For the first time in years, they have a new product, with pricing power, and leverage, and doubt they will negotiate......... but maybe in June 2014. At least I wouldn't if I were them. What are you going to say......."no"?
You need them more than they need you.

 

[CHUMPS FROM OXFORD]

The biq question is whether they will consider dropping the $199 to $149 for loyal customers. Charles believes he paid $149 instead of $199. In fairness, he is checking on this.

If that is correct, that's a nice reduction for experienced and loyal customers of Norvax.

I have negotiated with them in the past and they have been fair. And why not? I sent them plenty of business.

 

[taterpeeler]

Chumps... Whatever bill says is correct.... I could have to busy to think and mistyped

 

[Yagents]

Chumps, you could make up the $50 difference selling insurance in the time it takes you to negotiate.

You cost me $29 by the time I typed this out.

You owe me a beer

 

[CHUMPS FROM OXFORD]

Next time we're in your great state, I shall pay up!

 

[HealthGuy]

Norvax will never make this work. The smaller regional exchange companies popping up in my market will never integrate with Norvax. Years ago they couldnt get 5 companies quoted right...now 13 or so with integration with a federal tax credit calculator...ha ha ha..those two Norvax wizards have their hands full...call me a doubting Thomas but they can take somebody elses money and rip them off with shiatty software..Norvax will NOT make a good exchange quoting platform. Seriously be cautious about wasting your money.

 

[AllenChicago]

Norvax will never make this work. The smaller regional exchange companies popping up in my market will never integrate with Norvax. Years ago they couldnt get 5 companies quoted right...now 13 or so with integration with a federal tax credit calculator...ha ha ha..those two Norvax wizards have their hands full...call me a doubting Thomas but they can take somebody elses money and rip them off with shiatty software..Norvax will NOT make a good exchange quoting platform. Seriously be cautious about wasting your money.

Thanks for that feedback HealthGuy. You've been in the business long enough to have first-hand experience with these guys. I wonder if they have a money-back guarantee...or for that matter, do any of them provide a refund if certain parameters can't be met within a specified timeframe? (ie. We will have all exchange carriers in your state within 30 days of October 1st, or your money back.) The set-up fees are the rip-off, considering that it's just a cookie-cutter setup for each state. It's akin to MEGA Life's $120 application fee, LOL.
-ac