Hospital Indemnity Insurance can help your clients, even when they’re out of network
Here’s an objection you may hear when you talk to your clients about a Hospital Indemnity plan: “I don’t need that coverage, because I already have health insurance.” In response, ask them whether their health coverage pays benefits no matter where they are when they need services. Chances are the answer is no. Many healthcare plans have a limited network of providers at which your client can obtain covered services.
When your client John is on a vacation in Montana and breaks a leg, his healthcare coverage may not pay benefits. But his Hospital Indemnity plan will pay benefits based on each day of hospital confinement at the Montana hospital. And when your client Mary goes from Kansas to Florida, gets severely dehydrated, and is taken to the nearest hospital (which just happens to be out-of-network on her healthcare plan), her Hospital Indemnity plan will pay then, too.
Help your clients be aware of limitations on their healthcare coverage. If they have narrow networks, talk to them about how a Hospital Indemnity plan will pay benefits even when other plans don’t.
AEP is almost here, but you can submit your applications today
Did you know Medico accepts all applications with an effective start date within six months from when the policy was written?
Medico’s online enrollment application, MyEnroller, makes submission easy and results in faster payment of commissions during AEP and all throughout the year.
For questions, call Agent Services at 1-800-547-2401 (option 3).
Go All In with Medico’s agent incentive program
You can earn extra cash for all products with Medico’s incentive program. Just write a minimum of 4 approved applications of any product combination within the same calendar month. There’s no limit to the amount of cash you can earn when you go All In with Medico.
See just how easy it can be to earn $500 in extra cash each month. For example:
- 4 approved underwritten Medicare Supplement applications = $400*
- 4 approved Dental, Hospital Indemnity, First Diagnosis Cancer, Short-Term Recovery Care, and Final Expense applications = $100
- Earn a total of $500 or more in extra cash each month
* Medicare supplement policies sold in Colorado, South Carolina, and Indiana are not eligible for the monthly payout.
Take your business anywhere with the best electronic quoting and application tool in the industry. MyEnroller is the most effective and easiest way to quote and enroll your clients. You can even write multiple policies using one application!
With the ever-changing use of technology, Medico is helping you stay up-to-date.
This webinar includes a demo.
Tuesday, October 9 from 10:00 to 11:00 a.m. Central Time
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