Thanks for dropping by............

Hi Insurance Agents,

Welcome to my Blog. I'm excited to be offering tips and ideas that have helped me through the years selling insurance. Here you will find articles, strategies and recommendations on increasing your productivity in the insurance industry.



In the eight years I have worked in the Insurance industry, I have been fortunate to work with many top producers that have shared successful ideas from which I have been able to form some practical strategies.



The tips that I will offer here will keep you increasing productivity and income.



Please check back weekly, as I will be adding articles and tips to increase your bottom line.

Cheers,

Ethan Selph


Wednesday, March 24, 2010

Health Care Reform opens up new markets

In this post I will explain to you how health care reform could open up new markets. Whether you are pro or con health care reform, hopefully you as an agent can find new ways to make money.

1. Medicare reimbursements and services will be brought to a lower lever over the next 7 years. Eventually the Medicare Advantage plans will be replaced by the supplements. With the baby boomers shifting to the supplements, the annual commissions from your medicare supplements should increase.

2. Remember all of those kids and spouses that got declined health insurance last year? Now is the time to contact everyone in your database and let them know that you will take care of them this year and beyond.

3. Your current clients know of those that will be fined for not getting health care. Now is the time to contact all of your customers and ask for referrals. Don't wait for another agent to start contacting them. Call and email them today.

Warning! Some of the people you contact will immediately assume that you are against health care reform. Do not in any way try to argue your point as you will lose the opportunity to inform them of what is really going on and offer them coverage down the road. Also don't send out an email opposing health care reform as you will get a lot of angry feedback. These people have already made up their minds about health care. If you are going to send out an email like this to encourage a pro health care reform approach I would recommend you use a different email address and different campaign. You don't want destroy your database and not be able to help those uninsured get health coverage.