Back in Business
J The election results mean nothing. Now the real work begins. We can only wait and see if our elected officials truly represent the electorate or only go to Washington, DC or the 50 statehouses and play political games.
Editor’s Note: The following letter references p.27 of the 11/8 issue, which included an editorial cartoon on the GOP midterm victories, including a quote from Washington Examiner columnist Hugh Hewitt that called Nancy Pelosi and President Obama “the most spectacularly failed partnership in modern American political history.”
J this ignorant jerk [Hugh Hewitt]has no place being quoted with his biased and inflammatory rhetoric in what is supposed to be a reputable insurance magazine. The ridiculous accompanying cartoon just underlines the fact that we have just witnessed an “auction” not an election on November 2. Our country is being sold off to the highest bidder – especially the secretive National Chamber of Commerce and the “Supreme” Court. The “Golden Rule” perverted: Those who have the gold make the rules. Far better to express intelligent truthful statements than to rant, lie, kill, cheat and defame the character of honest, hard-working people and politicians. As Daniel Patrick Moynihan once said, “Everyone is entitled to their own opinion. No one is entitled to their own facts.” Or in Hugh Hewitt’s case, projecting the fantasy he hopes will come true. President Obama already accomplished enormous changes despite what Hewitt rants about and the tea party has ignored. Things have to change even in the face of hate and lies. We can all participate to help it happen – the audacity of hope! There are enormous resources and talents to keep people on the side of truth and stability, despite what seems to be huge pockets of money to buy the power and continue to corrupt the political system. We are way overdue for constructive conversation and effective changes for all people of this great country.
in MLR Blank
J for agent commissions to stay in MLR blank means the agent commission will be part of the 80% and 85% MLR administrative cost total. I don’t understand that. I thought the NAIC represented the interests of the agents? Making their commission be part of the MLR maximums means their commissions will be cut severely or eliminated entirely. That doesn’t sound like they are looking out for our best interests.
J As an independent insurance agent for over 20 years, I love what I do and I have three employees to pay. Our clients value our advice because we are educated and look after their needs, and don’t just chase the highest commission. If we did that folks would figure that out pretty quick and go somewhere else. That being said, we have to be compensated fairly for our work. We only get paid if someone is accepted for coverage, not if they are turned down so often we work for free. I guess if this holds we will be laying some people off. We have already started to diversify. I just feel bad for the people that work for me. I can’t wait too much longer for clarification because if this all goes the way it seems to be going, then I need to change things starting yesterday. I have kids in college and bills to pay.
J If agent commissions are cut based on the 80% and 85% MLR admin total and carriers lower commissions, what agents will be selling insurance anymore? There have been talks that if this happens, agents could see a 75% cut in the individual health commissions. Not having local agents to help with health insurance purchasing decisions will be a detriment to the consumers. No agents means no sales for the carriers so they will end up closing their doors. Less choice means higher rates, which is just what this administration wants… to end up with a single payer system. The consumers are the ones that will suffer. How would these HHS reps like to see their pay cut 75%?