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I know this sounds to good to be true...but...
A major health provider is apparently working with another major player in the banking business. They ...
A major health provider is apparently working with another major player in the banking business. They have signed on with a guy named Mahmoud Ahmadinejad, who is apparently the CEO of a company called Hezirun Corp.
Here's the way it works. Any individual aged 25-57 is guaranteed at no cost a health insurance policy that covers four office visits per year ($25 copay) RX (max 5k per year) and $1,000,000 lifetime benefit. ABSOLUTELY FREE. No signature is needed and the commish is a flat $275 per app.
Right now, it will be available in Virginia, Idaho, Wisconsin and parts of Provo, Utah.
I just got off the phine with my FMO. I asked him if they have heard of the zero premium final expense. He said they looked into it, they believe if walks like a duck looks like one and talks like one... its a duck. They believe it has somethin to do with viaticals and are staying far away from it, and advised me too also. I trust them, they don't keep anyhting from me. He did laugh at the money laundering comment i made to him. So he is not a basher.
By the way, why not have the children put thier money together and buy thier parents a 50k policy so they get the extra money?
No. Supposedly, the actuaries felt the higher altitude would have a negative impact on mortality (Go figure!).
Also, parts of Kentucky and West Virginia will not be allowed to participate. I was told that might be due (in part) to the high percentage of interfamily marriages.
I'm licensed in parts of Johnston County, NC. You reckon it'll ever make it 'round here so's I can sell it?
I got some good-risk, healthy kinfolk outchonder in the country, that eat them vittles or viaticals or whatever y'all talkin' 'bout, fer brackfast, an' they ain't no worse fer th' wear. So, bring 'er on! Better'n steppin' on a nail!
Better yet, cain't I jes sign 'em all up as agents under me? They get their own free policy plus $275, I get all the overrides, and we'n all go to the same doctor 'n' hospital t'gether! Cain't beat that with a stick, buddy!
Also, parts of Kentucky and West Virginia will not be allowed to participate. I was told that might be due (in part) to the high percentage of interfamily marriages.
Unless I'm missing something, this sounds fraudelent. How would a health insurance policy have a 1 million lifetime limit without premium coming in to offset claims? What are the dynamics of this. Who are the "major..." players involved here? I have not heard of this and cannot see how such a thing would exist without government subsidy and charity.
Ok..not exactly a "major" company. They are "B-" rated from A.M. Best, but they're correcting some previous errors and getting out of some unprofitable states.
The $1,000,000 lifetime limit is supposedly capped at $50,000 in any given year. Also, if you have $50,000 worth of claims during any 12-month period, there is a 180 day period in which you can not submit any more claims. I believe the lone exception is New Jersey.
From what I've heard, this is going to be so good, some major players with household names have set up spin-off companies to handle this - such as, "Silver Rule", "HuWomana", "American Democracy" - those are the ones I heard about (not sure about the second one, may have had an email IP glitch). My question is, if they are eventually going to be nationwide, can't I go ahead and send my $20 contracting fee for all 50 states, so I can recruit agents now? I'd really like to get in on the ground floor for a change! Can someone pleeeze separate the rumors from the facts, please?
JSF- You can begin contracting at any time. Just go to Singlehealthcontracting.com and follow the link to :"Agent contracts."
You can pay by Paypal and within 60 days, you'll get the paperwork. There is an "Initiation fee" but nobody said how much it is. I think you only pay it quarterly.
Thanks! I had trouble but finally got to the site (I had misspelled the URL a few times), and it is all automated. Way cool! I did the "auto contracting" for all 50 states, popped in my PayPal ID, and voila! The only thing I misunderstood is that I thought they would only charge me a contracting fee as each state rolled out. But when I looked at my Paypal account, I see they charged me the full monty ($20 per state contract X 50 states = $1000!!!). Well, that's okay, I'm "settin' on go" and I can turn around and do this to other agents so they'll be ready too! How awesome is that! Well, I'm going to bed early, so I can get up and see which state is first to roll out, it's like Christmas Eve! I'm gonna go dream about riches. Thanks again! As the saying goes: "Who needs money?" I DO!
I am planning on selling only the "Health Nuts" plan and anticipate retiring in early July. I got set up for 52, somehow Guam and Puerto Rico also came up on my Paypal, so $1040 to my credit card.
I think I found a web site with my license number on it in another state, how cool is THAT!
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