Newsletter Archive - Jun 12, 2009 Email
News for Life -- Life and Protection Solutions Newsletter

 

Affiliated Marketing Group
2925 Briarpark, Suite 155
Houston Texas 77042
Voice 713.977.0611
Fax 713.977.3877
 
 
 
 
We have everything you need in one place
 
 
 
 
 
 
Volume 13
Issue 2
February 2010
 
 
 
 
 
 
 
EZ Life Sales System
 
The Best Way To Write Term Insurance
 
The Same
One Page Application
For
All Carriers
 
Web Based Submission
 
Full Commissions
 
 
 
 
 
 
Need A Website To Promote Your Practice?  At AMG We Have Web Sites Available For Our Valued Producers
 
 
 
 
 
 
 
 
 
 
 
 
 
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Health Care Reform

Health Care Reform Is Still On the Agenda

The election of now Senator Brown from Massachusetts is not the reason Congress has not passed Health Care Reform. His election did bring to a halt the passage of a bill at the end of last year, but remember that the Democrats held a super majority in both Houses from the day that President Obama made reform his first priority.  In the year that has passed everyone acknowledges the need to control costs and improve access; and everyone from the President down wants it done.......as long as they don't have to give up their piece of the pie.....and therein lies the core of the failure of Congress to pass legislation prior to Senator Brown's election.

So what happens going forward.  Much of the discussion now going on in Washington is more about posturing for the high ground in light of the upcoming November elections than it is about true reform.  Still, it is likely that there will be health care legislation passed this year although no one knows what it's final form will be.

Speaker Nancy Pelosi said "We need to get this done. Process, I don't care about. But we need to get this done, one way or another."  She has indicated that it is her intent to move forward with passage of the Senate Bill in the House and use budget reconciliation (Does not require a 60 vote majority in the Senate) to modify the bill so it will be acceptable to Democrats in both houses.

House Majority Leader Steny Hoyer said Friday that a dispute over differences over taxes, a national clearinghouse for buying insurance and special state exemptions for Medicaid has held up an agreement between House and Senate Democrats.  He was hopeful although he didn't sound overly optimistic in an interview with Maryland reporters in Annapolis.   "I think we certainly have a framework of a basis for an agreement between the two houses but we haven't gotten there yet".

If this can be accomplished is an open question.  Budget reconciliation is limited to those items of a bill that relate to balancing the budget and could not be used to address issues such as the differences in the Senate and House Bills related to abortion and other non budget items.

President Barack Obama is inviting 21 high-ranking lawmakers of both parties to a televised summit on health care Feb. 25. The White House also is asking the top four congressional leaders to designate four more lawmakers each to attend.

Rep. Tom Price, R-Ga., a physician and head of the Republican Study Committee, derided the summit as "simply an attempt by the president to use the White House as a political tool to intimidate his way into a government takeover of health care. "It appears our 'pragmatic' president still hasn't gotten the message and remains immovably wedded to the plans already passed in the House and Senate,"

 

Life
New Substandard Rates for ColonySM Term UL

Effective February 1, 2010, Genworth is offering substandard rates for Colony Term UL that are comparable to their substandard rates for their term life insurance. Not only can the Genworth Financial companies handle your substandard cases, but we they can give competitive offers, especially when your client falls into their targeted market:
  • Up to $5mm of face amount on all life products
  • Through issue age 75
  • Table 4 and Better 
For more information or to obtain a quote contact Steve Gresso via email or at 713.977.0611.

Offering Better Decisions to More Clients with Elevated Liver Function Tests (LFTs)

For life insurance clients with one or more elevated LFTs, take a look at the enhancements John Hancock has introduced that may result in better underwriting offers.


SBLI Steps Up To The Competition

Savings Bank Life Insurance has again revised their term rates to remain in the "poll position" in spreadsheet comparisons. Click Here for more information and then Contact Steve Gresso for a quote.

 

Group

MHPAE Act Small Employer Exemption—Action Required

We are For those of you that deal in groups of 50+ the Mental Health Parity and Addiction Equity (MHPAE) Act excludes small employer group health plans from the requirements mandated by this legislation.  Since the regulation did not address definitional differences between state and federal determination of small employer, many carriers are implementing changes by applying the federal definition of small employer.  If you want more information, click here to access a detailed explanation from BCBS


Cobra Benefits Extended

Click Here to read a word document with detailed information on the additional extension of Cobra Benefits.

Contact Angela Moore or Heather Matias for administrative guidance.

 

Sales Ideas
Email Tips for Business Communications

Tip #1—Read your email out loud to ensure the tone is that which you desire. Avoid relying on formatting for emphasis; rather choose the words that reflect your meaning instead.

Tip #2— Be sure the Subject field accurately reflects the content of your email.

Tip #3—Keep emails brief and to the point. Save long conversations for the phone or face to face meetings.

 

News
The Independent Insurance Agents of Houston Insurance Day

As in the past, this years Insurance Day will be theme based......for 2010 it is a “Salute to TV Sitcom’s”

February 25, 2010

Marriott Westchase Houston

On Briarpark across the street from the AMG office.

If you attend, be sure and stop by our Exhibit and sign up for some great door prizes. 

 

 

For Producer or Broker/Dealer Use Only. Nod to be used as financial or tax advice.   

For Producer or Broker/Dealer Use Only. Not for public distribution nor intended to be used as financial or tax advice.