27 Nov 2007
Group Medicare Supplement...Follow up.
For Agents Information Only
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I had a few questions about the Group Medicare Supplements from yesterdays email so let me clarify a couple things.
Group Medicare Supplements are a great way to be a hero to your employer groups with retirees. You can save them huge premium dollars. Our carrier's group dept. is a pleasure to work with. They will get a quote put together, take care of the administration and answer questions etc. etc. They really make it easy for you to do business in the group marketplace.
I am told that the brochures will be available very soon. We are going to do a telenar on this in the very near future so watch your emails for the date(s).
So far this is what information I have on it:
- A+ (AM Best) Rated carrier
- Guaranteed issue
- No networks
- Any MD or Hospital in the US that participates with Medicare
- No wait on Pre-existing conditions
- Part-D Rx. also available
- No paper applications needed - they do it all electronically
- Low pricing - Plan-F = 39% lower than the individual Plan-F
- They do the work (administering it etc.).
- Minimum 25 participants
- 100% funded, partially funded or 100% voluntary are all ok
If you'd like a quote please get me a census with the following info.
NO GROUPS? NO PROBLEM?
Todd Concklin
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