The Producers Alliance $10,000.00 Challenge

money · 10-06-2009, 10:23 PM

Does anyone know anything about these guys and there $10,000.00 guarantee???????

HealthGuy · 10-06-2009, 10:31 PM

Goldstein has great newsletters, very entertaining - sign up to get them via email, they are free.

money · 10-06-2009, 10:38 PM

Are the emails fact or fiction?? I have heard good and bad things about Goldstein- whats the real story???

HealthGuy · 10-06-2009, 10:44 PM

What bad things have you heard? He pushes American Community but so what - he is entertaining !!

somarco · 10-07-2009, 08:49 AM

Marketing gimmick.

Seems like he has been using this schtick with GTL, then later American Community.

healthagent · 10-07-2009, 08:51 AM

Agreed. The guarantee was indeed for GTL. They went south and now it's AC. If they fall out of favor with AC it's anyone's guess who the next contestant will be.

HealthGuy · 10-07-2009, 09:05 AM

How about the next contestant: American Republic - the hallowed 3rd tier carrier? I hear there are large general agencies pimping this company again.

money · 10-10-2009, 09:26 PM

I wonder who wanted the divorce between The Producers Alliance and GTL. I think somebody got F&%$ed .

somarco · 10-10-2009, 09:30 PM

GTL has never really been a major med carrier, just a sideline player mostly in the life and ancillary health biz. My guess is the line was heavily reinsured, using GTL as a front with maybe 10% of the risk. They got in, got hosed, got out.

That would be my guess.

HealthGuy · 10-10-2009, 09:30 PM

Money: Who cares - GTL was always a third world health insurer anyway. Just like American Republic. The only people who like to push these dinky boutique health insurers are greedy general agencies who get a large override on these policies. Again, who cares.

money · 10-10-2009, 11:13 PM

Is the Producers Alliance as bad as MEGA????

I started out at Mega and now thinking about signing with The Producers Alliance.

HealthGuy · 10-11-2009, 05:25 PM

Money: If you want Goldstein lighting a fire under your ass every Monday morning to sell, go for it! American Community ROCKS MAN. They are the ONLY health insurance company.

hockeyday · 10-11-2009, 07:19 PM

Health guy who do you sell, every thing is junk with you, who do you sell? and where do you sell? what states?

al3 · 10-11-2009, 08:06 PM

Originally Posted by hockeyday

health guy who do you sell, every thing is junk with you, who do you sell? and where do you sell? what states?

My guess is he sells Primerica life and United American health.

He sounds like the type. (His avatar looks like the type!)

Each carrier has one or two "acceptable" plans (for a certain client (impaired risk, etc.)... but most of them are junk.

YMMV.

Al

HealthGuy · 10-12-2009, 05:52 AM

AL: Why no respect for a dead guy, Dimebag Darrel? By the way, I sell in CA and steal deals away from AL3.

TXINSURANCE · 10-12-2009, 07:12 AM

We start dogging Dimebag I'm going to have to jump in on this thread! Black tooth grin!

al3 · 10-12-2009, 07:21 AM

Originally Posted by HealthGuy

By the way, I sell in CA and steal deals away from AL3.

I'm sure you do. Slime-balls like you who have zero ethics can always con some prospects into buying crap-plans... especially when dealing in the senior market. Yeah, I know who you are... and how you operate. You give ALL of us (or at least the few here in this venue) who are honest and have integrity... a bad name. Fortunately, sooner or later guys like you get fined or shut down by Steve P., the DOI (who is running for governor.)

Just as every dog has his day... your time will come.

Al

jimsthename · 10-21-2009, 06:03 AM

Are the jabs directed towards Producers Alliance or American Community? I am a life agent wanting to take on only one health carrier. American Community seems to have a unique and affordable offering. Would appreciate any feedback, recommendation, etc.

CHUMPS FROM OXFORD · 10-21-2009, 07:19 AM

Not an "A" rated company (A.M. Best Co.)

The downgrades reflect material unfavorable operating results in the last three years with corresponding decreases in surplus. The company's net losses resulted from inadequate product pricing, underwriting and reserving primarily within its group major medical segment in 2007. American Community's write-off of a discontinued information system in 2006 and a subsidiary, Precedent Insurance Company, in 2007 also contributed to the losses. Additionally, the lower surplus level includes two surplus notes representing a sizeable portion of the total amount.
Related Results

American Community's premium revenue and net income are derived primarily from marketing major medical products to individuals and employer groups chiefly in seven Midwestern states and Arizona. Although the company implemented a number of corrective actions over the past few years to improve its performance, A.M. Best expects its future operating results will be challenged by an increasingly competitive major medical market dominated by larger managed care carriers with deeper network discounts.