Complaint Review: MEGA Life AND Health (NASE) - Fort Worth Texas

Im an employee and am concerned. Dont know how to get out. Im pretty deep with how much I owe the company -over 30K. The products are always getting a liitle bit better each year as they announce it at homecoming. They have moved to an annual deductible now with 90% co-insurance with a 4k max out of pocket Is it worth becoming a broker? Dont all health ins. companies have their pros and cons. Especially Blue Cross of ..... How do I become an independent broker and is it really easier. As a broker does the pay scale work the same? As a Mega agent I have to work my butt off to get between 1K - 3K a week (all advances) If anyone knows how to successfully get out please email me Please email me at [email protected]

I was a top producer for the NASE/Mega Life and Health for several years before the ether wore off. The trips were great--it was exciting being part of the team, and I made a six figure income. Like ALL Mega Agents, this was my first health insurance sales gig (shouldn't that have been a red flag?). Over time, like all Mega Agents, I found that we were offering watered down, inferior health insurance policies that paid very little if any claims. Never a maximum out-of-pocket maximum (check your brochures for that specific terminology--you won't find it), high deductibles, high co-insurance, and if there were co-pays they had low limits (like everything else). We were trained to say that because our clients were now members of the NASE that they would only experience an industry low 8-10% rate increase annually. (Then why am I getting calls every day from my over 400 clients saying that they just got a huge rate increase between 15-40%? Over time, like all Mega Agents, I found that Mega was being sued left and right, getting kicked out of more progressive states, despite name changes and various shell games. How many of your clients have canceled after doing an internet search on Mega? Over time, like all Mega Agents, I saw the effects of the difference between the Mega advances and any other company's commissions (advances are loans with interest you have to pay back) which put me, like all Mega Agents into debt. Over time, like all Mega Agents, I saw that my stock plan that was supposed to take care of my future retirement was a mirage. After three years and over $2 million in production I was vested with less than $10,000 in stock. So I would have to work at this pace for the next 100 years to retire a millionaire (a little different story than I was sold in orientation). That stock didn't even cover my alleged debt to the company when I left. Over time, like all Mega Agents, I saw my bonuses whittle away instead of grow like they were supposed to. After Ron Jensen, the founder, passed away, the company made some changes. The REAP (production bonus) was changed to a QPC (production bonus). My production bonuses went from over $6,000 every other month, to under $1,500 every three months. That is a huge cut in pay. Not very motivating. Over time, like all Mega Agents, I found that I was driving all over the place at over $3.00 a gallon while independent brokers were making all their sales over the phone and internet. Over time, like all Mega Agents, I was forced to buy leads, even though I was producing more than ever before, because that was "expected" of senior agents. Over time, like all Mega Agents, I discovered that independent brokers were making three times as much money with none of the expenses. Over time, like all Mega Agents, I came to believe that there must be a better way. And I found it. If you would like to find a better way--a better way to make even more money, a better way to offer your clients more selection of the best health insurance options available in the marketplace, a better way to realize your dreams ethically, then please email me at [email protected] so we can talk. I can help you in several ways: 1. I can assist you in forming an exit strategy. Don't just get frustrated and quit! Big mistake! You deserve more! 2. I can help you develop a plan to combat that bogus debt that Mega says you owe them. Do you think its fair that Mega is the most profitable insurance company in the world, while the whole time you made them that way and now you owe them money? 3. I can point you in the right direction when it comes to who you should be working with and how to get contracted with them. With the companies I current work with, I make 3 times the commissions, I acquire zero debt, I get 60 quality internet leads a week FOR FREE, I am vested immediately 100% on my residuals which never go away, I don't drive unless I want to, and I have total FREEDOM! CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

I was a top producer for the NASE/Mega Life and Health for several years before the ether wore off. The trips were great--it was exciting being part of the team, and I made a six figure income. Like ALL Mega Agents, this was my first health insurance sales gig (shouldn't that have been a red flag?). Over time, like all Mega Agents, I found that we were offering watered down, inferior health insurance policies that paid very little if any claims. Never a maximum out-of-pocket maximum (check your brochures for that specific terminology--you won't find it), high deductibles, high co-insurance, and if there were co-pays they had low limits (like everything else). We were trained to say that because our clients were now members of the NASE that they would only experience an industry low 8-10% rate increase annually. (Then why am I getting calls every day from my over 400 clients saying that they just got a huge rate increase between 15-40%? Over time, like all Mega Agents, I found that Mega was being sued left and right, getting kicked out of more progressive states, despite name changes and various shell games. How many of your clients have canceled after doing an internet search on Mega? Over time, like all Mega Agents, I saw the effects of the difference between the Mega advances and any other company's commissions (advances are loans with interest you have to pay back) which put me, like all Mega Agents into debt. Over time, like all Mega Agents, I saw that my stock plan that was supposed to take care of my future retirement was a mirage. After three years and over $2 million in production I was vested with less than $10,000 in stock. So I would have to work at this pace for the next 100 years to retire a millionaire (a little different story than I was sold in orientation). That stock didn't even cover my alleged debt to the company when I left. Over time, like all Mega Agents, I saw my bonuses whittle away instead of grow like they were supposed to. After Ron Jensen, the founder, passed away, the company made some changes. The REAP (production bonus) was changed to a QPC (production bonus). My production bonuses went from over $6,000 every other month, to under $1,500 every three months. That is a huge cut in pay. Not very motivating. Over time, like all Mega Agents, I found that I was driving all over the place at over $3.00 a gallon while independent brokers were making all their sales over the phone and internet. Over time, like all Mega Agents, I was forced to buy leads, even though I was producing more than ever before, because that was "expected" of senior agents. Over time, like all Mega Agents, I discovered that independent brokers were making three times as much money with none of the expenses. Over time, like all Mega Agents, I came to believe that there must be a better way. And I found it. If you would like to find a better way--a better way to make even more money, a better way to offer your clients more selection of the best health insurance options available in the marketplace, a better way to realize your dreams ethically, then please email me at [email protected] so we can talk. I can help you in several ways: 1. I can assist you in forming an exit strategy. Don't just get frustrated and quit! Big mistake! You deserve more! 2. I can help you develop a plan to combat that bogus debt that Mega says you owe them. Do you think its fair that Mega is the most profitable insurance company in the world, while the whole time you made them that way and now you owe them money? 3. I can point you in the right direction when it comes to who you should be working with and how to get contracted with them. With the companies I current work with, I make 3 times the commissions, I acquire zero debt, I get 60 quality internet leads a week FOR FREE, I am vested immediately 100% on my residuals which never go away, I don't drive unless I want to, and I have total FREEDOM! CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

I was a top producer for the NASE/Mega Life and Health for several years before the ether wore off. The trips were great--it was exciting being part of the team, and I made a six figure income. Like ALL Mega Agents, this was my first health insurance sales gig (shouldn't that have been a red flag?). Over time, like all Mega Agents, I found that we were offering watered down, inferior health insurance policies that paid very little if any claims. Never a maximum out-of-pocket maximum (check your brochures for that specific terminology--you won't find it), high deductibles, high co-insurance, and if there were co-pays they had low limits (like everything else). We were trained to say that because our clients were now members of the NASE that they would only experience an industry low 8-10% rate increase annually. (Then why am I getting calls every day from my over 400 clients saying that they just got a huge rate increase between 15-40%? Over time, like all Mega Agents, I found that Mega was being sued left and right, getting kicked out of more progressive states, despite name changes and various shell games. How many of your clients have canceled after doing an internet search on Mega? Over time, like all Mega Agents, I saw the effects of the difference between the Mega advances and any other company's commissions (advances are loans with interest you have to pay back) which put me, like all Mega Agents into debt. Over time, like all Mega Agents, I saw that my stock plan that was supposed to take care of my future retirement was a mirage. After three years and over $2 million in production I was vested with less than $10,000 in stock. So I would have to work at this pace for the next 100 years to retire a millionaire (a little different story than I was sold in orientation). That stock didn't even cover my alleged debt to the company when I left. Over time, like all Mega Agents, I saw my bonuses whittle away instead of grow like they were supposed to. After Ron Jensen, the founder, passed away, the company made some changes. The REAP (production bonus) was changed to a QPC (production bonus). My production bonuses went from over $6,000 every other month, to under $1,500 every three months. That is a huge cut in pay. Not very motivating. Over time, like all Mega Agents, I found that I was driving all over the place at over $3.00 a gallon while independent brokers were making all their sales over the phone and internet. Over time, like all Mega Agents, I was forced to buy leads, even though I was producing more than ever before, because that was "expected" of senior agents. Over time, like all Mega Agents, I discovered that independent brokers were making three times as much money with none of the expenses. Over time, like all Mega Agents, I came to believe that there must be a better way. And I found it. If you would like to find a better way--a better way to make even more money, a better way to offer your clients more selection of the best health insurance options available in the marketplace, a better way to realize your dreams ethically, then please email me at [email protected] so we can talk. I can help you in several ways: 1. I can assist you in forming an exit strategy. Don't just get frustrated and quit! Big mistake! You deserve more! 2. I can help you develop a plan to combat that bogus debt that Mega says you owe them. Do you think its fair that Mega is the most profitable insurance company in the world, while the whole time you made them that way and now you owe them money? 3. I can point you in the right direction when it comes to who you should be working with and how to get contracted with them. With the companies I current work with, I make 3 times the commissions, I acquire zero debt, I get 60 quality internet leads a week FOR FREE, I am vested immediately 100% on my residuals which never go away, I don't drive unless I want to, and I have total FREEDOM! CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

I was a top producer for the NASE/Mega Life and Health for several years before the ether wore off. The trips were great--it was exciting being part of the team, and I made a six figure income. Like ALL Mega Agents, this was my first health insurance sales gig (shouldn't that have been a red flag?). Over time, like all Mega Agents, I found that we were offering watered down, inferior health insurance policies that paid very little if any claims. Never a maximum out-of-pocket maximum (check your brochures for that specific terminology--you won't find it), high deductibles, high co-insurance, and if there were co-pays they had low limits (like everything else). We were trained to say that because our clients were now members of the NASE that they would only experience an industry low 8-10% rate increase annually. (Then why am I getting calls every day from my over 400 clients saying that they just got a huge rate increase between 15-40%? Over time, like all Mega Agents, I found that Mega was being sued left and right, getting kicked out of more progressive states, despite name changes and various shell games. How many of your clients have canceled after doing an internet search on Mega? Over time, like all Mega Agents, I saw the effects of the difference between the Mega advances and any other company's commissions (advances are loans with interest you have to pay back) which put me, like all Mega Agents into debt. Over time, like all Mega Agents, I saw that my stock plan that was supposed to take care of my future retirement was a mirage. After three years and over $2 million in production I was vested with less than $10,000 in stock. So I would have to work at this pace for the next 100 years to retire a millionaire (a little different story than I was sold in orientation). That stock didn't even cover my alleged debt to the company when I left. Over time, like all Mega Agents, I saw my bonuses whittle away instead of grow like they were supposed to. After Ron Jensen, the founder, passed away, the company made some changes. The REAP (production bonus) was changed to a QPC (production bonus). My production bonuses went from over $6,000 every other month, to under $1,500 every three months. That is a huge cut in pay. Not very motivating. Over time, like all Mega Agents, I found that I was driving all over the place at over $3.00 a gallon while independent brokers were making all their sales over the phone and internet. Over time, like all Mega Agents, I was forced to buy leads, even though I was producing more than ever before, because that was "expected" of senior agents. Over time, like all Mega Agents, I discovered that independent brokers were making three times as much money with none of the expenses. Over time, like all Mega Agents, I came to believe that there must be a better way. And I found it. If you would like to find a better way--a better way to make even more money, a better way to offer your clients more selection of the best health insurance options available in the marketplace, a better way to realize your dreams ethically, then please email me at [email protected] so we can talk. I can help you in several ways: 1. I can assist you in forming an exit strategy. Don't just get frustrated and quit! Big mistake! You deserve more! 2. I can help you develop a plan to combat that bogus debt that Mega says you owe them. Do you think its fair that Mega is the most profitable insurance company in the world, while the whole time you made them that way and now you owe them money? 3. I can point you in the right direction when it comes to who you should be working with and how to get contracted with them. With the companies I current work with, I make 3 times the commissions, I acquire zero debt, I get 60 quality internet leads a week FOR FREE, I am vested immediately 100% on my residuals which never go away, I don't drive unless I want to, and I have total FREEDOM! CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

Wendy!?!? United American is not owned by Health Markets. Maybe you should do your research.

Josh, Josh, Really United American??? Let me guess the Flex Guard plan?? Seriously don't you know that all these companies are owned by ONE? Do some research.

Uh, Josh, you might want to rethink your relationship with United American. Per NAIC the complaint rations as follows: 2006-3.78, 2005-2.66, 2004- 2.69. Look up the reasons for the complaints and you see a striking similarity to NASE/UGA. Agent Handling & Misrepresentation told the list but denial of claims and cancellations are not that far behind. Are you a captive agent with this company? Try being a broker. I just don't see the reasoning behind a captive agent. Most of them will never say anything bad about their company. They can't if they want to make a sale. And any insurance agent knows there are negatives to every policy. As a broker you can reveal any negatives and let the insured make informed decisions on their coverage.

You seem to have some pent up frustration with your inability to perform your job properly. If your so upset with Mega Life and Health, let the viewers read why! You give no examples. And if Mega is so bad, why did your current employer United American, ask the agents of Mega to offer United American product to potential clients?