Managedcarevp
Irving,#2UPDATE EX-employee responds
Sat, January 24, 2009
I'm an honest to goodness seasoned executive in the health insurance industry, with long-term experience throughout multiple Top-5 health insurers. I accepted a HealthMarkets offer to join their team under the premise of building a credible managed care organization that would market and deliver industry standard benefit plans (PPO, EPO, POS). I voluntarily left HealthMarkets (and returned to another Top-5 healthplan) after only 18-months, due to their overt unwillingness and dismissive attitude toward creating products/plans that offered true value to their members. I've had the unfortunate opportunity to work among all of the HealthMarkets senior leadership team, including their recent COO and CEO and while I delivered tangible, material managed care savings, HealthMarkets is unwilling to direct these saving into their benefit plans and ultimately to the member/consumer. It is utterly apparent and obvious that HealthMarkets is not and will not accept any MEDICAL EXPENSE RISK, and rather underwrites and prices their products to a DOLLAR-FOR-DOLLAR payout at best. This is best demonstrated by the simple example that HealthMarkets directs their members to a specific network of hospitals and physicians (PPO) in order to reduce medical expenses for themselves and their members - this is a good thing and is what nearly all healthplans do AND HealthMarkets saves MILLIONS OF DOLLARS by doing this every year. However, the even the cost to HealthMarkets for accessing these PPO networks is passed onto their members as part of their monthly premium. As if this is not bad enough, not only does HealthMarkets pass this network access fee onto their members, but they have the nerve to mark it up and actually create an additional revenue stream from it. If you are an uninsured individual, perhaps self employed and seeking individual coverage, do yourself a big favor and put your monthly premium back in the bank and perhaps seek a HSA for yourself. HealthMarkets coverage is not going to help you, even in catastrophic medical situations.
Mr. Obama
Nasesux,#3UPDATE EX-employee responds
Sat, January 17, 2009
What you are in is called the wine and roses phase, you soon will realize that this company's products backrupt thousands of clients and agents. Uga is a scam and your are the scapegoat when one of the naive clients has a major illness and the claims dont get satisfied. They will tell you all the great stories of claims and blah blah blah, but this whole deal is setup to profit the company while lending you money at high interest. Its a scam and you will see in time that your glorious company is nothing but a lie to you and your clients. Make sure and get E&O coverage because you will probably need it regardless of the lying managers telling you not to worry- you dont need it. Lmao They dont want you to be able to deflect a lawsuit without thier help, again using you as the fall guy for thier crap plans. You wouldnt live off payday loans would you? Thats exactly what the advance is. Go work for a real insurance company and get away from the scum at this company.
Uga All The Way!!!!!!!!!!!!!!
Suring,#4UPDATE Employee
Wed, January 14, 2009
I've been with Mega for over 7 months and make a excellent income! Yes, I buy my leads and did with the last company I worked for also. But it takes a determination and a certain amount of skills to be a successful insurance agent. Mega and UGA gave me a excellent opportunity and there has been NO looking back. But when one fails with Mega, they go on here and bash because of there failures! I work with agents that have been with Mega for over 20 years and I plan on being there until my retirement also. So don't bash when you fail instead look at what you failed at. UGA and Mega give you all the training and support you need for success and if you fail? well maybe the insurance biz is not for you.