I post at SearchCommander.com now, and this post was published 10 years 20 days ago. This insustry changes FAST, so blindly following the advice here *may not* be a good idea! If you're at all unsure, feel free to hit me up on Twitter and ask.
The Dallas News is reporting that UICI chairman Ronald Jensen was killed in an auto accident last week.
(this post was written way on on Thursday, September 15th, 2005)
Mr. Jensen made a fortune (and his company still does) steering tens of thousands of innocent business owners into believing they are getting high quality insurance with Mega life and health.
The sales force for the National Association for the Self Employed has made a lot of money, selling what many consider to be a poor substitute for traditional health insurance.
Although I sold the product in Oregon during late 2002 and early 2003, these aren’t just my opinions, either. Here is a forum thread with many of those peoples opinions. and here’s a long list of the crap that Mega has pulled
Since it’s technically legal, the NASE / Mega juggernaut cannot be stopped. The salespeople making thousands of dollars each week are, in my opinion, easily blinded to the illegitimacy of Mega’s policy, because the Mega policy is not even reviewed in their own agent training. I know this because I asked on three separate occasions, “When will we be reviewing our own policy?” and in my months there, we never did, not even once.
Only the competitor policies were discussed and torn apart. Since every policy has limitations, the competition is easily torn down, without ever even examining their own policy.
However, some states are catching on. Calling it “health insurance” at all was apparently too big of a stretch for Washington State, who in 2004 forbid sales of their products altogether. At this point in 2005, I guess they’re back again in Washington.
Always be sure to ask anyone that sells you any health insurance this question… “What’s the maximum out of pocket for a calendar year, including my deductibles?”
( Comments are closed on this thread – but consumers and NASE agents are still voicing their opinions here).