Realogy Offers Health Insurance To 250,000 Brokers. Agents. and Families
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
If you are a Real Estate agent, getting health insurance is typically a major headache. Today’s announcement by Realogy that they are offering health plans to their 250,000 brokers and agents is such big news. Realogy, parent of Century 21, Coldwell Banker, Southeby International, and ERA now will offer their associates and their families the opportunity to get health care at group rates without age restrictions.
This is huge news for the industry and should put pressure on the smaller agencies to provide some sort of health services or they may see defections to the Realogy companies.
Operating independently of each other, insurance carriers HM Insurance Group, AIM, and AFID LLC are servicing the plans and are running the first open enrollment period through September 14, 2007. After the close of the initial enrollment period, new sales associates or brokers joining any of the participating Realogy brands, or those existing affiliated members experiencing a life change, will have a 30-day window to sign up for one of the plans with guaranteed issue. The open enrollment period affords a guaranteed issue — no medical questions are asked and all applicants are accepted. Program pricing is competitive, ranging from $114 a month for an individual’s limited benefit medical plan to just over $800 a month for comprehensive major medical coverage for a family. The pricing is plan-dependent and is not affected by the age of the participant. via Realogy
Commercial sales are up in Miami, but not for the benefit of the seller. Many sellers cannot get the ...
I have never visited a "Haunted House" but I think that I would like to. Do you know of ...
A local real estate in Nice estimated this property 2 years ago for only 280 Million euros.
villa Palm Beach on ...
I think the world changed in mid-September with the Lehman bankruptcy and related fallout. Had we just continued on a ...
Too bad "Asia" doesn't mean Chinatown DC! 
Its true that prices are down and its a buyers market but if the lending community does not change the ...
Ha that is way funny, but hey if it works why not use it. People like that are the ...
Hey wait a minute -- did you say illegal and aliens and loans in the same sentence? First of ...
Comment by John on 31 July 2007:
The limited benefit plan is all but useless and the major medical has a huge deductible. If you do not have any health problems, you are better off with a regular private major medical plan. If you have some big medical problems, then the plan is OK. But, do not put anyone on it who is healthy. It is too expensive.
Comment by laurie mindnich on 23 August 2007:
I read this with interest; John’s comment is disheartening. If Realtors are going to have access to group insurance, cost is the primary concern- what good is an overpriced offering? I’m not sure that losing agents to this situation is a realistic view on the part of Realogy; I’m finding our group insurance to be reasonable (but we’re always seeking better programs).