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INSIDE EDITION Investigates Sales Tactics of Some Bankers Life and Casualty Agents
Inside Edition Website ^ | Airdate: 6/11/2010 | Inside Edition

Posted on 06/14/2010 3:16:33 PM PDT by swamprebel

"You need them almost in tears. Okay? You need them almost in tears," Marvin Davis told his class of future Bankers Life and Casualty insurance salespeople. "You need to treat these people like you're talking to a child."

Another instructor, Bill Baylog, told his students, "You've actually got to put them in the nursing home."

These men are teaching new insurance salespeople the tricks of the trade. But what they don't know is that an INSIDE EDITION producer is in the classroom with a hidden camera.

Baylog and Davis both teach courses training people for their new jobs as agents for Bankers Life and Casualty, a giant, 100-year-old insurance company based in Chicago, Illinois. Every day the company and its agents reach out to thousands of senior citizens across the country.

They are offering to sell them insurance that would enhance Medicare, the government-provided health insurance for senior citizens.

(Excerpt) Read more at insideedition.com ...


TOPICS: News/Current Events
KEYWORDS: fraud; seniors
Keep a close watch who your elderly relatives let in the house!
1 posted on 06/14/2010 3:16:33 PM PDT by swamprebel
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To: swamprebel

I agree. Still makes me somewhat angry what the ACORN folks can do, and you couldn’t find an investigative journalist within 500 miles. The same with the ANSWER international group of alphabet soup fascists and worse.


2 posted on 06/14/2010 3:23:22 PM PDT by DoughtyOne (J. D. Hayworth, the next Senator, the Great State of Arizona - Sen. Poopdeck, Panama is calling...)
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To: DoughtyOne

In my early days I was recruited to work for them.

After my first encounter with my first client and how my manager “closed the deal” I quit.

They’re some crooks over there in my opinion.


3 posted on 06/14/2010 3:29:39 PM PDT by 1st I.D Vet
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To: 1st I.D Vet

I appreciate your inside on it. I have no personal reason to make this comment, but there are bad players out there. Businesses can be very corrupt on these matters, so I’m not trying to downplay this investigation at all.

Every time I see an investigative report these days, I can’t help but instantly think of the things that aren’t being investigated.

There’s a number of things with our president that can’t be touched.

This report here was run to make the public think the press is really out there doing it’s job.

No it isn’t. THAT angers me, and it doesn’t necessarily come out clearly in a few terse comments.


4 posted on 06/14/2010 3:34:54 PM PDT by DoughtyOne (J. D. Hayworth, the next Senator, the Great State of Arizona - Sen. Poopdeck, Panama is calling...)
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To: swamprebel
They are offering to sell them insurance that would enhance Medicare, the government-provided health insurance for senior citizens.

My Medicare supplemental insurance happens to be from Bankers Life.

I am absolutely satisfied with their performance.

The price is reasonable. And their response to every claim has been faultless. Once Medicare is through with the claim, Bankers pays the 20% co-pay. Without fail. And without urging.

That's no small thing, either. I'm a dialysis patient -- so there are at least three claims a week filed in my behalf.

Bankers has been responsive to every question. Moreso than the Medicare people, I might add.

Based on my experience, this article is a hit job.

5 posted on 06/14/2010 3:43:10 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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To: swamprebel
They are offering to sell them insurance that would enhance Medicare,

I'll be 65 the 29th of this month and have gotten mailers from them, along with AARP garbage, I toss all of them in the waste basket unopened. There have been probably more than a hundred of them in the past few months.

6 posted on 06/14/2010 3:53:16 PM PDT by Graybeard58 (No Romney,No Mark Kirk (Illinois), not now, not ever!)
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To: okie01

Claims experience is not a sales tactic, with a trained sales person taught to visualize a Vulture’s prey. You confuse field representatives with home office processors. Did Bankers every get a Medicare automatic crossover number, or does your Doctor still have to file seperately for the 20%?


7 posted on 06/14/2010 3:53:52 PM PDT by swamprebel (Make Carbon molecules an endangered species, let the libs chase them with butterfly nets.)
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To: swamprebel
Claims experience is not a sales tactic, with a trained sales person taught to visualize a Vulture’s prey. You confuse field representatives with home office processors. Did Bankers every get a Medicare automatic crossover number, or does your Doctor still have to file seperately for the 20%?

The salesman who sold me the Bankers' Life policy employed no high pressure techniques, it was strictly a proper business relationship.

I've no idea what you're talking about with "vulture's prey." Indeed, I'm offended by the inference.

Our medical suppliers bill Medicare, who pass the billing to Bankers', who've covered the 20% co-pay without fail.

We've had the occasional problem with Medicare -- paying somebody else's bill, e.g. -- but never with Bankers.

So far as my experience is concerned, Bankers' is getting a bum rap from the article. And anybody who's merchandising it has -- for some undisclosed reason -- an axe to grind.

8 posted on 06/14/2010 7:38:03 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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To: okie01
I guess you do not want to read the article. I am susprised at the baseless ad hominem attack. Bankers is NOT an automatic cross over company, they also were recently sued by the Insurance Commissioners of 40 different states for failing to pay Long Term Care claims that they contractually owed. In a 2006 deposition, a Bankers Life and Conseco claims adjuster, Teresa Carbonel, testified that she denied claims because of missing records but was prohibited from calling nursing homes or physicians to request the documents. She also testified that when a claim was denied, she was forbidden to phone a policyholder, but instead used a time-consuming mailing system. http://www.newyorkpersonalinjuryattorneyblog.com/2007/03/conseco-insurance-scandal-follows-movie-plot.html http://www.jerebeasleyreport.com/2009/07/maine-settles-with-bankers-life-and-casualty-in-improper-sales-practices-lawsuit/ Your god bleeds!
9 posted on 06/14/2010 7:58:40 PM PDT by swamprebel (Make Carbon molecules an endangered species, let the libs chase them with butterfly nets.)
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To: swamprebel

http://www.ripoffreport.com/Insurance-Companies/Bankers-Life-Casualt/bankers-life-casualty-illega-anccc.htm


10 posted on 06/14/2010 8:14:12 PM PDT by swamprebel (Make Carbon molecules an endangered species, let the libs chase them with butterfly nets.)
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To: swamprebel
I guess you do not want to read the article.

I originally remarked about my own experience. Nothing more.

You object to first hand experience?

11 posted on 06/14/2010 8:18:59 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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