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I have no med supp experience yet. In looking at med supp rates for my state, I see that several of the carriers are up around 2400-2600 for Plan F. At the lower end is AARP and a couple companies such as Continental General in the range of 1400-1500. Mutual of Omaha is about 2000/yr for Plan F non-smoker.
I am still uneasy about getting involved with Continental General because of mixed reviews and financial rating and lack of name recognition. Maybe those are critical factors. Maybe I just need to get over it. Have not decided yet. Mutual of Omaha (not united world, that is not approved in this state) is a very solid company not only in name recognition but in rating, and their rates are good although not excellent.
So, the question is, how price sensitive are these products in your experience? I know that everyone wants the lowest price but at some point the company presumably becomes a factor. If you were or are experienced in this area would you be more likely to want to get your arms around a solid company like Mutual of Omaha and play the strengths that go with that or would you be more likely to just say that this is a price war and get in bed with whoever has the lowest price and is not under indictment for anything Is there anyone here successful who is working primarily with a company that has rates that are moderately competitive such as Mutual of Omaha's in the scenario above but not one of the bottomfeeders.
I know you can do both and be appointed with both and every client is different and some want this and some want that blah blah blah but you get the drift of my question.
Thanks for any comments.
Mainer
I am still uneasy about getting involved with Continental General because of mixed reviews and financial rating and lack of name recognition. Maybe those are critical factors. Maybe I just need to get over it. Have not decided yet. Mutual of Omaha (not united world, that is not approved in this state) is a very solid company not only in name recognition but in rating, and their rates are good although not excellent.
So, the question is, how price sensitive are these products in your experience? I know that everyone wants the lowest price but at some point the company presumably becomes a factor. If you were or are experienced in this area would you be more likely to want to get your arms around a solid company like Mutual of Omaha and play the strengths that go with that or would you be more likely to just say that this is a price war and get in bed with whoever has the lowest price and is not under indictment for anything Is there anyone here successful who is working primarily with a company that has rates that are moderately competitive such as Mutual of Omaha's in the scenario above but not one of the bottomfeeders.
I know you can do both and be appointed with both and every client is different and some want this and some want that blah blah blah but you get the drift of my question.
Thanks for any comments.
Mainer