Cancer & HI Plan Sales Prohibitions

[axeman462]

I use to write a few GTL's until they ran afoul of the Fla. DOI.
Anyone using Medico?

I use them. They advertise to use the Medico HIP to cover copays for MAPD plans.

in reference to the OP questions. My understanding is that you cannot sell the product to act like a supplement to Original Medicare.

i personally have almost 1/4 of my MAPD clients with a HIP its a great upsell MAPD + HIP = about $600 commish

 

[vic120]

I sold some GTL in Fl mostly to G.I T65 especially if client was a claim ready to happen and they didn't see they value in stretching their budget a little to pay the premiums for a med supp/pdp combo or if they were were healthy and the biggest obstacle to the MA was a 200.00 a day IP co pay .I rarely sold a plan where premiums was more than 30% of a med supp because most care received under Medicare/MA plan are outpatient based services and the value vs a med supp was not there.

Yup that is exactly what I did T65 premiums range $30-$45
unfortunately they are not in FL anymore and never been in NY

Most other states Supps are much more competitive priced
While I may do 30% MA in NY FL and CA

I do maybe 10% in other states
So I don't think I've sold a GTL in a year

I was suggested anther Company in FL but I think they only allow Face to Face

 

[SafeHarbor]

Have you considered a Term Life with Living Benefits Plan? That would include Cancer (critical illness), along with Long Term Care type benefits (chronic illness).

The Phoenix SafeHarbor product will issue up to age 80.