Why Isn't Plan C Medigap Policy More Popular???

[goillini52]

The only difference between C and F is the excess coverage. Since excess charges are rare, they pay out about the same so not much difference in premium. For $1 a month difference, I'll take the F just in case.

I don't know why some companies charge more for C than F. A 65 year old non smoking female in Illinois is $124.58for Plan C...$124.00 for Plan F with Manhattan Life. They obviously don't want to sell Plan C. Not that many companies are offering Plan C anymore.

 

[Todd King]

The only difference between C and F is the excess coverage. Since excess charges are rare, they pay out about the same so not much difference in premium. For $1 a month difference, I'll take the F just in case.

I don't know why some companies charge more for C than F. A 65 year old non smoking female in Illinois is $124.58for Plan C...$124.00 for Plan F with Manhattan Life. They obviously don't want to sell Plan C. Not that many companies are offering Plan C anymore.

It's all about the claims ratio.

 

[somarco]

Todd, there are some folks on this forum that have no idea how to offer anything other than F . . .

 

[Todd King]

Todd, there are some folks on this forum that have no idea how to offer anything other than F . . .

I can't really make a comment to that as most of my clients opted for Plan F. I would say that my Med Supp book was 99% Plan F.

I've given most of my clients over to other agents over the years, so I have no idea what they are on now. I guess I can't really call them "my clients" anymore, huh?

 

[somarco]

It wasn't directed at you, Todd. Just an observation based on comments some agents have made on the forum.

I also recall one FMO that spent time and money educating agents on how to sell the MOO G plan. How much training does it take?

Over 90% of my clients have G. Most of the balance are evenly split between F, N and a handful of HDF clients.

 

[DS4]

Todd, there are some folks on this forum that have no idea how to offer anything other than F . . .

Wait! There are other letter plans than Plan F???
No wonder I'm such a failure at selling Med Supps.

Why Isn't Plan C Medigap Policy More Popular???

As an example, in my area, comparing Plan C to F, Plan C is $.52/month less.
Why expose yourself to thousand of dollars in excess charges to save $.52/month?

 

[GreenSky]

I sell nothing but Plan C with hospital indemnity to cover the potential costs.

Rick

 

[somarco]

https://www.youtube.com/watch?v=VOmD-xqK2Es

 

[goillini52]

https://www.youtube.com/watch?v=VOmD-xqK2Es

Love Leslie Nielsen. Watching his comedy, it's hard to imagine him playing bad guys in old Westerns.

 

[TampaHound]

https://www.youtube.com/watch?v=VOmD-xqK2Es

I had the opportunity to use that joke the other day and got a blank look. I'm old