How to be released from Parker
- Thread starter patch36
- Start date
You can check out any time you like ...but you can't ever leave!
Eagles/Hotel CA.
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sunflowergal
New Member
- 19
OMG!
Wade Parker set up shop in Houston in 2006 and unfortunately I was dumb enough to believe what I heard.
I did make some money with them...ha, nothing like they made on me. We got paid the lowest commissions of everyone, paid for appointments in the worst parts of town, and had all our commissions assigned to them.
3 years later my Humana contract is still hung up. Let me try that 90 day gig and see. Thanks for the info and insight!
They also go by lots of different names of agencies. I think good ole boy Hank, was USA something.
black knight
Expert
Thanks all for posting, sounds like this company is one to steer clear of.
Their new name is "One Life America". Entirely out of the medicare business and only doing final expense. www.onelifeamerica.com
sunflowergal
New Member
- 19
Too bad this information can't get out to the public insurance agents better. If wen don't know to search for Parker first, then we get stuck with them unknowingly.
I looked at the sight and they do entice an agent with their leads programs. They say they give 30 to 40 leads a week free and free E & O insurance to. I wonder what they actually give in commission rates. Probably the fabulous starting rate of like 40 or 50%! Oh and once you start they then charge weekly for E & O anyways, and they will change their leads from free to charging you, and remember they will also withhold about 20% or more for any chargebacks.) What you sign will change once you sign.
I am a previous member of get screwed by Parkers in the medicare advantage industry. When I did ask for a release and asked for the $5000 plus I had in my reserve accounts, I was sent an email saying my reserve had been used for massive chargebacks on the old any any any plans and I could send them over more than $6000 and they would release me, otherwise I could stay with them and not owe anything! They showed absolutely no proof of any list of names or chargebacks. A good attorney wants a big retainer, so we know that story.
Don't fall for this crap if you are new. You can easily get 100% contracts and more, even if you are a brand new agent.
With the new final expense agency, are the top people still using the name Parker? I know in Houston they tried to use other sub-companies to hide who you really were getting involved in.
They not only screwed every agent in the MA market, they also screwed over all the companies. No wonder they are now just in the final expense line.
AGENT BEWARE...TURN QUICKLY AND RUN THE HELL AWAY IN THE OPPOSITE DIRECTION!
No, they do not even mention the name PA anymore. They use the name One Life America and whatever brokerage inside OLA that the agent works with, USA Brokerage, Eagle Brokerage etc..
Yes, agents start at 50%.
Yes, agents start at 50%.
write the insurance company...tell them your experience with parker.........if enough people write them...they will drop parker. also ask parker for their e&o...insurance...if enough people complain..their e&o company will drop them. the threat of a lawsuit and complaints to the right people, works, in another words, be a pest...no one wants a e&o complaint...
- 115
The insurance companies DO NOT CARE about how bad Parker has treated and stolen from agents.
Parker makes them money, henceforth, as an individual agent, you could bring Ken Parker to the President of UHC with a heroin needle hanging out his vein, marked 20 dollar bills in his pocket and all the complaints you want from agents who got their reserve monies stolen and THEY WOULDN'T CARE!
It's all about the money...........
It's just like the agents who turn in 60 paper MAPD apps on NOV 15th. Everyone knows they didn't collect 60 signatures on the 15th, but guess what? The Company made a ton of moola and will look the other way.
THE INSURANCE COMPANIES KNOW ABOUT PARKER.
All we can do is pass the word to newbies.
Parker makes them money, henceforth, as an individual agent, you could bring Ken Parker to the President of UHC with a heroin needle hanging out his vein, marked 20 dollar bills in his pocket and all the complaints you want from agents who got their reserve monies stolen and THEY WOULDN'T CARE!
It's all about the money...........
It's just like the agents who turn in 60 paper MAPD apps on NOV 15th. Everyone knows they didn't collect 60 signatures on the 15th, but guess what? The Company made a ton of moola and will look the other way.
THE INSURANCE COMPANIES KNOW ABOUT PARKER.
All we can do is pass the word to newbies.
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