Thursday, 7 November 2019

Insurance Tips and trik auto insurance, auto insurance quotes, auto insurance companies, auto insurance florida, auto insurance quotes online, auto insurance america


Hunh:

"In week one of the 2020 Open Enrollment period, 177,082 people selected plans using the HealthCare.gov platform. As in past years, enrollment weeks are measured Sunday through Saturday. Consequently, week one was only two days long this year - from Friday to Saturday."

This tracks with what we've seen in previous years: a big rush up front, then things taper off, and a last-minute flurry as folks actually pull the trigger the last few days of Open Enrollment.

Of course "selecting" a plan doesn't necessarily mean buying one: just as with eBay and Amazon, people often leave their shopping carts unclaimed. Which we can sort of see in this infographic:



[click to embiggen]

I must admit that I'm puzzled by what, exactly, "Consumers on Applications Submitted" means.


from InsureBlog https://ift.tt/2JVn5le
via

Tuesday, 5 November 2019

Insurance Tips and trik auto insurance, auto insurance quotes, auto insurance companies, auto insurance florida, auto insurance quotes online, auto insurance america

Regular readers may recall this from a few years back:

"Due to the significant changes carriers have made to their compensation schedules (aka commissions), I don’t believe that I can continue to offer the kind of comprehensive service to which I, and you, have become accustomed."

I still do the annual re-certification, and dabble in the individual market as needed (current clients, referrals, that kind of thing).

Recently, Sen Iron Eyes Cody Elizabeth Warren had this observation about folks like me under her #Medicaid4All plan:



Hunh.

It's true that home and auto insurance share a common principle:

"
Yes, they are both predicated on the principle of "indemnification," but then so are disability and homeowners insurance."

But that's where it ends. For one thing, they are two completely different licenses, and markets, and marketing strategies.

For another, she seems to be forgetting all the support folks at various home offices, not to mention plan administrators and the like. And of course, this also means the end of Medicare Supplement and Advantage plans (why does her party keep throwing seniors under the bus?).

And, of course, there's the matter of how much this while shebang's going to cost.

But hey: details, shmetails.

[Hat Tip: FoIB Bob G]


from InsureBlog https://ift.tt/32o2nkB
via

Monday, 4 November 2019

Insurance Tips and trik auto insurance, auto insurance quotes, auto insurance companies, auto insurance florida, auto insurance quotes online, auto insurance america

So last week my Better Half and I took a long-anticipated, week-long trip to The Big Easy. I had been there as a very young lad, so no real memories, and she had never been. Had a great time, ate too much really good food, and spent some time in some amazing museums (among other things).

Mid-week we spent the day at the United States World War II Museum. We spent the day, but could easily have spent several more. Just extraordinary.

But what was very special was the completely unanticipated personal connection to one of the exhibits.

As we rounded a corner, we found a display of a carpenter's tool kit, and a plaque explaining it:



[click to embiggen]

The gentleman's name (redacted for privacy reasons, which you'll soon understand) rang a very loud bell:

Some 30 years ago, one of our carriers imported a new rep from Louisiana. Roger D and I soon became fast friends, and he's since become my local Medicare "guy." His last name is unusual for Ohio, but maybe not for Cajun country, and it appeared on that plaque. So I texted him the pic, and asked "Anyone you know?"

He replied "Wow, will have to ask my Dad about this."

A few minutes later he texted again:

"Turns out this my grandfathers brother. My dad knew about him and told me stories about how he went to Hawaii to help rebuild. Came back and opened several grocery stores. Thanks for sharing this photo."

Wow, traveled over 800 miles for that connection...

Worth the trip all by itself.


from InsureBlog https://ift.tt/36xyVMg
via

Saturday, 2 November 2019

Insurance Tips and trik auto insurance, auto insurance quotes, auto insurance companies, auto insurance florida, auto insurance quotes online, auto insurance america

$52 trillion is the amount Elizabeth Warrens campaign is conceding her Medicare for All proposal will cost over its first 10 years.  That would be $5.2 trillion each year.  All of this ignores inflation which Senator Warrens plan would supposedly make vanish.

Anyway, after the laughter subsided, I wondered how to express $5.2 trillion in more understandable terms.    Here’s one way.

The CBO projects 2019 federal spending to be about $4.4 trillion. 

Senator Warren is saying that the projected annual cost of her plan is greater than this year’s total annual federal expenditures.

Show of hands please.  Who wants your taxes more than doubled? Anyone?  Anyone?




from InsureBlog https://ift.tt/2WBp6Ij
via