Over 10,000 persons per month will turn 65 in 2012
Dear Agents,
The enrollment in Medicare Advantage has increased from 2010 to 2011 by 10%, while costs have decreased overs 7%. In the agency, while during AEP of 2012, the overall number of enrollment increased by 5%, the number of enrollments for February 1st and March 1st effective dates, have increased by 20% which is a good indicator or months ahead. Combine these agency numbers with the fact that 10,000 persons a month are turning 65 in 2012, this translates into more Seniors looking for your services, we have a lot to do!
While we have keep focused on Medicare Advantage and Supplement insurance, we are entering slowly but securely in other areas related to the Senior insurance industry, primarily focused on Final Expense and life. While we will continue to represent all life insurance companies, we are pleased to inform you that we have signed three main IMO/MGA contracts, becoming new partners of their distribution system:
Foresters, Final Expense
Columbia Mutual, Final Expense
Security Mutual Life
Final Expense is a natural extension of your Senior portfolio, it has three important characteristics for your clients: It will provide protection, peace of mind and affordable pricing; if clients will ask you about financial and retirement planning, we do not want you to leave business behind. However, the placement of business with several carriers dilutes the real value of your book of business, reason why we recommend leading and placing business with one carrier only. It is by design the selection on these new partnerships, as an agency we opted out of many other options.
By May 1st our newly design website third version, will be out and running, with all information; in the meanwhile call our office for contracting or any assistance you may need at (914)-909-2548 or at (888)-392-4639.
We need to grow responsibly, keeping focus on providing quality broker service and leading with our flagship product: Medicare.
Thank you.
Gustavo N. Pacheco
CEO/President
Genesis Business Capital, Inc.