Somebody has to keep your ass company.
Is Medicare a business without a future?
- Thread starter Marco Capaldi
- Start date
Medicare bro
Guru
- 473
Well then you would be happy to know I have never written a piece of good business. I only do MA only plans to all 1008 of my clients.
Are you going against Don for bragging rights?
Medicare bro
Guru
- 473
Don has 20k clients. He is basically subsidizing his FMO.
Policyholders, not clients . . . maybe . . .
Yes, clients pay many years worth of renewals.
Policyholders maybe one or two years.
DonP probably has about 1300-1400 "policyholders". Somarco has about 700 "clients".
Guess it depends on your business model?
Yup, sure does.
I'll bet they make about the same amount too.
But the big difference is going to be that churn and burn agents like DonP are constantly chasing new business to pay the charge backs from unreliable policyholders.
While the brokers like Somarco that have clients collect reliable renewals, and have to respond to a couple of emails a week about Rx costs and write easy business from referrals.
Nothing wrong with either business model I suppose. It's a matter of preference. Personally, while I do still enjoy the thrill of the sale, I prefer clients over policyholders.
MedicareWAA
Guru
- 582
Definitely close your doors now. There is no future in selling insurance to old people. If you want to sell your book, I might be willing to maybe buy it for like $100, mainly just to be nice.
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