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Word is out that Healthnet is discontinuing working with general agencies in Arizona and California. They will be requiring agents to re-contract with them directly. It may be interesting to see who may follow that same path....
This leads me to believe that they are up for sale and want to cut expenses. By not listing overrides on their balance sheet they will look better. If carriers could make more money cutting out their marketing channel why wouldn't others have done this already? If they could cut out agents and sell at a lower acquisition cost they would do that also. So basically, I just don't get it. Rick
Which companies do you think would be potential suitors? God, I hope that United is not one of them.
I know people who have huge books with health net. My book is not as big, I guess I'm going back to life insurance. I'm afraid what's next in the Medicare world.