As consumer demand increases for affordable health product solutions due to rising pricing for products compliant with the Affordable Care Act and the lack of a penalty in 2019 for individuals who do not purchase these policies, IHC’s insurance companies are positioned favorably to capitalize on market expansion though their broad product portfolio and newly added infrastructure, which will support significant licensed agent growth.
MINNEAPOLIS (PRWEB) SEPTEMBER 05, 2018
The HealtheDeals division of IHC Specialty Benefits, an industry leader in affordable short-term medical and ancillary products, has executed several components of its growth strategy and opened new sales distribution centers in Milwaukee, WI and Minneapolis, MN, in addition to expanding its Lake Mary, FL sales operations.
As consumer demand increases for affordable health product solutions due to increasing pricing for products compliant with the Affordable Care Act and the lack of a penalty in 2019 for individuals who do not purchase these policies, IHC’s insurance companies are positioned favorably to capitalize on market expansion though their broad product portfolio and newly added infrastructure, which will support significant licensed agent growth. HealtheDeals anticipates growing to 50 total licensed agents in these locations by November 1, 2018, which is the beginning of the 2019 Open Enrollment Period. The company’s HealtheDeals distribution is in addition to their brokerage, telebrokerage and national account distributions.
In order to supplement IHC’s internally generated lead traffic and to support the anticipated expansion of the market for their products, the company today announced that it has entered into a multi-year contract with one of the largest distributors of health insurance leads in the market. In addition to this distribution contract, the company stated it has taken several steps to broaden their lead activities, and diversify sourcing by executing a number of other lead generation contracts to ensure sufficient lead traffic.
Finally, IHC is actively growing in all sales distribution channels and recruiting independent and career agents nationally. HealtheDeals Advisors is seeking both currently licensed agents and recruits for whom they will provide training, assistance with licensing, technical support, leads and commission advances.
About The IHC Group
Independence Holding Company (NYSE: IHC), formed in 1980, is a holding company that is principally engaged in underwriting, administering and/or distributing group and individual specialty benefit products, including disability, supplemental health, pet, and group life insurance through its subsidiaries (Independence Holding Company and its subsidiaries collectively referred to as “The IHC Group”). The IHC Group includes three insurance companies (Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company), and IHC Specialty Benefits, Inc., a technology-driven full-service marketing and distribution company that focuses on small employer and individual consumer products through general agents, telebrokerage, call centers, advisors, private label arrangements, independent agents, and through the following brands: http://www.HealtheDeals.com; Health eDeals Advisors; Aspira A Mas; http://www.PetPartners.com; and http://www.PetPlace.com.
IHC’s HealtheDeals.com to Greatly Expand its Owned Sales Distribution Capabilities
Source: HR.com Articles