Select quote down 30%. Another losing qtr

[DonP]

What I found interesting is total commission per policy $910 . That includes $250-300 override and huge soft money

 

[DonP]

Down 37%. I’m been preaching for yrs . It’s impossible to make money selling low income mapd over the phone . It’s a transaction. It takes yrs to develop loyalty .

 

[Fisher]

Somebody teach Don how to screenshot, ffs!

 

[DonP]

Was down 48% at one time earlier

 

[MedicareWAA]

Stock tanked because they don’t have enough cash to lean into AEP. Securitizing commissions receivable will take time, and the company has loads of debt. Not as bad as GoHealth though.

It’s wild that we’re still seeing these call centers hang on by a thread. Wait until massive switching destroys their LTVs. Those models are terrible at factoring in plan switches by same client. Everything is at policy level, not customer.

 

[DonP]

Stock tanked because they don’t have enough cash to lean into AEP. Securitizing commissions receivable will take time, and the company has loads of debt. Not as bad as GoHealth though.

It’s wild that we’re still seeing these call centers hang on by a thread. Wait until massive switching destroys their LTVs. Those models are terrible at factoring in plan switches by same client. Everything is at policy level, not customer

Who evers sucuritizing commissions is a fool . The way the rolling of business is about to hit they will be screwed advancing cash on that . To see what kind of clients they write look no further than they only wrote 450 med sups the entire qtr .They wrote 95% flipping dsnp’s