Ok. It's worse than C
You can't say that either. Newby will report you.
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Ok. It's worse than C
Just bumping this thread for reference.
I have just received the "overthinking advisory" (again ).
It was also suggested that I made a (possibly inappropriate) comment out of inexperience. I am perfectly capable of doing that, and have done it, but that situation was not one of those/these times.
The comment was meant to show that I had, immediately after posting the question, seen a reference to another relevant thread and taken the trouble to read and develop at least a partial answer to my own question.
Reference post 10 in this thread for authority.
Reference also posts 2, 6 and 8 for other useful background.
I was dealing with a nice old lady today that had a United Healthcare Medigap plan C.
She wasn't happy about the pricing and I was able to move her into a Plan G at a lower price...but that got me wondering.
Plan C is not a bad idea...but I know only of only one Company that currently sells it and I'm not sure if it's even sold in all states.
I can understand the popularity of F of course, and G has some advantages over F and C....but any reason why Plan C has never been a popular plan or some reason why more companies don't sell it???
More curious than anything. Thanks.
A few years ago Plan C was the most popular out there. Then the companies decided they wanted to promote Plan F, so they started giving out more commission for Plan F. Once that started, Plan F became to most popular plan. Imagine that!
I was dealing with a nice old lady today that had a United Healthcare Medigap plan C.
She wasn't happy about the pricing and I was able to move her into a Plan G at a lower price...but that got me wondering.
Plan C is not a bad idea...but I know only of only one Company that currently sells it and I'm not sure if it's even sold in all states.
I can understand the popularity of F of course, and G has some advantages over F and C....but any reason why Plan C has never been a popular plan or some reason why more companies don't sell it???
More curious than anything. Thanks.
A few years ago Plan C was the most popular out there. Then the companies decided they wanted to promote Plan F, so they started giving out more commission for Plan F. Once that started, Plan F became to most popular plan. Imagine that!
I don't know of any agent that would base their decision on what to write based on how much commission they receive.
I have a different theory.
C was the most popular plan years when the lettered plans were first offered. It was significantly less expensive than F and almost as good.
However, eventually that policy got more expensive as those policyholders got older and started utilizing more services.
That is truly a mystery.. I don't know of any agent that would base their decision on what to write based on how much commission they receive. Their only concern is what is best for the client.