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GreatLakesIM.com

  August 2010
Number of Uninsured Grew by 3 Million
2009 Statistics Indicate
     
 
   Stats

    
Help from the new health law may not come soon enough for many Americans, according to a report.

     The Chicago Tribune: "The nation's health system is continuing to fray, raising the prospect that the country could experience a crisis before the law establishes a health care safety net in 2014. ... State governments struggling with budgets savaged by the recession are contemplating further cuts in health care aid for the poor, despite the promise of more federal dollars.

     At the same time, several million unemployed Americans and their families who have used federal assistance to hold on to health insurance from work will lose coverage in coming months as the special assistance program expires. Those with jobs face their own challenges as employers continue to look for ways to pare back health benefits and shift more costs to employees, if not drop health coverage altogether. And people in all walks of life face rising health care prices and skyrocketing insurance premiums, which in many places are rising at double-digit rates this year."

     Nancy-Ann DeParle, head of the White House Office of Health Reform, said the nation would experience a "'bridge period' until 2014, when Americans will get guaranteed access to health coverage along with billions of dollars of federal subsidies to help them pay their insurance bills. The Obama administration believes that a series of initiatives in the new health care law will help hold the line during this implementation period," including tax breaks for small businesses and high risk pools, but "early research suggests" that the early short-term aid "may be inadequate"
New Health Insurance Web Portal
www.HealthCare.gov
  

HealthCare.gov
     The government's new Insurance Web Portal address is www.healthcare.gov. This new website is part of health reform where anyone can go online and find sources of health coverage, both private insurers and public plans such as Medicaid & CHIP.
It doesn't directly impact self-funded plans & employers, except that your plan participants will always have a comparison, and...how all these "unrelated" aspects are evolving is useful insight of how government thinks & acts in health reform.
    
     For example, insurance companies are concerned by the intensive detail being sought by government about their plans, even closed plans. They feel that what is being demanded is far beyond the scope of health reform, and they wonder why.  Meanwhile when the portal website opens ("soon") it is reportedly mostly links.

     For more information Email Bev Gough at Bev@GreatLakesIM.com, or call her at (269)983-0633 or (800)782-8190.
Annuity Lead Generation Tele-Seminar
Focus Will be on Advocacy
     
NAIFA Time & Date
         Wednesday, July 28th at
         2:00 PM Eastern
         1:00 PM Central
       12:00 Noon Mountain
       11:00 AM Pacific

To Reserve Your Spot, and Have The Details, Phone Number, and Pin Code Sent To You Right Now, Simply
Click This Link.

     Anyone Can Be Taught To Get Prospects To Call You! Once you understand these simple concepts getting "Ready To Buy" Annuity Leads to CALL YOU is as easy as flicking a light switch. And just like that, your commissions will burst to a deep six figure level.

     Create A "Dream Business" For Yourself! If you'd like to find out more about these new "Leads Call YOU" marketing methods and start receiving hyper-responsive annuity leads, then join us on Wednesday, July 28th at 2:00pm eastern time on a FREE "Agent Exclusive" Annuity Sales and Marketing teleseminar.

      "With This Upcoming FREE ANNUITY TELE-SEMINAR, We Will Finally Reveal Exactly What 10,753 Small Town, Big City, Young And Old Insurance Agents Are Doing To Get Rich The Easy, Stress Free Way, Selling Annuities To Wealthy People Who ALL CALL YOU..."

     They are gonna reveal how any agent can quickly, cheaply and simply double their commissions in the next two and half months, selling annuities to buyers who CALLED YOU...even if you've never sold Annuities before!
 
     So, if you've dreamed of ending the misery of sitting around praying the phone will ring and want to get rid of the fear of never knowing where your next commission is coming from...this is an event you must attend!

     For more information: See www.naifa.org/webinars or contact the NAIFA Member Service Center, 877-866-2432.

Healthy Access to Individual Market Coverage
National Association of Health Underwriters
   
     Health AccessThe National Association of Health Underwriters (NAHU) is a professional trade association representing more than 20,000 health insurance agents, brokers and benefit specialists. NAHU's members help individuals and businesses purchase private health insurance coverage on a daily basis, and they feel that we must keep private individual health insurance coverage accessible and affordable for all Americans. Since each state's individual market is uniquely regulated, consumers in some states are faring better than in others, but no state's individual health insurance market is problem free.

     Americans deserve to see what can be done at the federal level to provide better access to individual coverage for everyone who needs it, without taking away the ability of states to innovate in ways that
are appropriate for their own citizens. Also, great care needs to be taken when implementing market reforms on a national level so that coverage is affordable. No matter how "fair" a market-reform idea might seem on its surface, it is not at all "fair" if it also prices people out of the marketplace.
NAHU has developed 10 specific policy recommendations to ensure that all people, regardless of their health status and pre-existing medical conditions, have the ability to purchase affordable private individual coverage. Such requirements could either be enacted as part of a transition process to complete guaranteed issuance of coverage or they could be stand-alone requirements. Their recommendations are:

1. Require guaranteed access to individual coverage and create state-level
    financial backstops for catastrophic risks to keep coverage affordable.

2. Give pre-existing condition credit for prior individual market coverage to
    ensure true heath insurance portability.

3. Standardize state requirements regarding the consideration of
    pre-existing conditions.

4. Improve federal group-to-individual coverage portability provisions so
    that people can transition directly from employer coverage to individual
    coverage without hurdles.

5. Stabilize individual market rates by requiring more standardization as to
    how individual market carriers determine pricing.

6. Increase consumer protections regarding individual market coverage
    rescessions.

7. Make it easier for employers to help people purchase individual health
    insurance.

8. Provide federal financial assistance to keep individual health insurance
    coverage affordable, including enhanced deductibility, subsidies for
    low-income individuals and federal financial support for qualified state
    financial backstop programs.

9. Ensure that all Americans have health insurance coverage.

10. Allow state implementation of enhanced consumer protections with a
     federal fallback enforcement mechanism.

     NAHU urges Congress to carefully consider these ideas. We look forward to working with policymakers to fill the gaps in our nation's coverage system and to make private individual health insurance coverage more affordable and accessible for all Americans.
Insurance Companies Empowered
Michigan Companies enabled to 'Spy' on Consumer
Credit Scores to Set Rates

 
    
     On a 4-3 vote in Lansing, Michigan, last week, the Supreme Court of Michigan ruled in favor of insurance companies to use customers' credit scores to determine auto-insurance rates to charge. This recent victory by Shylock insurance companies is nothing but handing down carrot to the haves and stick to the have not, in this case Detroit residents.

     Insurance premium in Michigan is already one of the highest in America, so Detroiters have to brace themselves for the worst with this verdict. It is hard to describe how a city with high unemployment and poverty rates could afford additional burden of auto-insurance alongside renters insurance by red-eye landlords.

     It is unfortunate that Insurance Institute of Michigan, the plaintiff, succeeded despite the challenge posed by the lawmakers and Governor Granholm of Michigan, who argued that this ruling is a punishment to those with financial problems. The question remains, "How many Detroit residents have perfect credit scores or meet all the requirements that insurance companies are looking for? The answer is not very certain now, to say the least. In old English parlance, this victory is 'robbing Peter to pay Paul.'
Attention Michigan Agents
Here's Your Opportunity for 2 CE Credits

 
    NAIFA - Southwestern Michigan will be offering 2 CE credits on August 19th, 2010 at 10:00 am. Registration will begin at 9:30, class will start at 10:00 am.  Coffee & donuts will be available.  Location will be announced at a later date.

     Michaelle Prataher, Regional Marketing Director for State Life will be on hand providing you the opportunity to earn 2 CE credits on Asset-Based Long Term Care.

     NAIFA - Southwestern Michigan Members will not be charged. Non-members will be charged $10.00.
 
Make your reservations today by calling Bev at 269-983-0633 or emailing her at bev@greatlakesim.com.  Reservations must be made by Friday, July 30th, 2010.
Brush Your Teeth, Save Your Life
Dental Hygiene Habits May Help Your Heart

    

Toothbrush
It's a domestic struggle unfolding nightly in millions of households across the nation: Parents nagging kids to brush their teeth, and kids retorting with something along the lines of "Don't have a heart attack, Mom!" Well, actually Junior, it's YOU who might be having the heart attack down the road if you fail to develop good dental hygiene habits as a child.

     
     That's the unavoidable conclusion of a fascinating study recently published in the British Medical Journal which compared dental hygiene and heart attacks among 11,869 middle-aged men and women. Of these, 71% brushed twice a day, 24% brushed once a day, and 5% rarely or never brushed at all! Compared to the conscientious brushers, the brush avoiders were 70% more likely to have suffered a cardiovascular event (e.g., heart attack) over the course of the eight-year study -- while once-a-day brushers were at 30% increased risk (incidentally, 170 of the 555 attacks were fatal).

     Lazy brushing habits may simply reflect an overall lackadaisical attitude toward one's health -- but it's also true that dental neglect can aggravate inflammation, which significantly contributes to heart disease. If you're among the ranks of the non-brushing public, do your heart (and folks around you) a favor by flossing and brushing twice a day, and maintaining a healthy weight, as excess pounds can triple your risk of periodontal disease as well as your odds of having bad breath.

     Bonus: Did you know raisins could actually help you prevent cavities and gum disease, thanks to phytochemicals that suppress bacterial growth? Also try tea to fight tooth decay.

AmericanCommunityLogoA Managing General Agent (MGA) and General Agent (GA), providing assistance to independent Agents and Agencies throughout the Midwest with products and services which increase their sales and market growth in the individual, group and senior insurance markets.

Great Lakes Insurance Management began company operations back in the early 1970's in St. Joseph, Michigan. We provide services to agents via a staff of experienced and trained insurance professionals.
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In This Issue
Uninsured Grew by 3 Million
HealthCare.gov
Annuity Lead Generation
Individual Market Coverage
Credit Scores Used
Brush Your Teeth, Save Your Life
2011 Vacation Getaway
Cruise
SAND, SUN, FUN AND A FEW GREAT PRIZES TOO!
Great Lakes Insurance Management is changing the Vacation Giveaway Program this year!

We will still be giving away a fantastic trip to qualifying agents, but we will also be giving away some great prizes on a tiered level.

Click Here
for information.  Click Here for the trip application.

It will be here before you know it!

Great Lakes Insurance Management offers a world-class quiver of products and services to assist our agents with unparalleled support.  From help with getting your license with various health insurance companies to training and support, let us know what we can do to increase your book of business in any way. 
 
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