ED Magedson – Founder
HealthMarkets / InsphereIrving, Texas USA
HealthMarkets / Insphere Insphere Insurance Solutions Extortion and robbery at its best! Irving, TX Nationwide
HEALTHMARKETS / INSPHERE INSURANCE SOLUTIONS
If anyone wants to work for this company, I'm not going to tell you don't do it because I'm pretty sure you are an adult capable of making your own decisions. What I will tell you is to do yourself a favor and conduct your own research ahead of time. As a former and successfull agent for this company I can only warn you that you will end up deep in debt! Read previous reviews and make your own informed decision...
And in response to all those sales leaders and agents spitting out the bullshit they been told, think of this as a little reminder that while you can have all the education in the world, sometimes all you need is a little common sense, and also to be a man big enough to admit that you've been wrong. No doubt that you only see what you want to see. This company takes advantage of all of you for their own gain, a multi-million dollar gain and it's all there in black and white, all you need to do is open your eyes and stop being stupid!!
We all walked into this company ignorant about the way this organization compensates their agents, and without any knowledge of how much money HealthMarkets/Insphere was making out of us while most of us couldn't even pay for gas! But only we, the smart ones got the hell out as soon as we saw the writing on the wall, while you chose to keep working hard to remain stupid. It's pitiful to see how you all surrender to self-chosen ignorance.
And I believe that you are d**n right that this is not for everyone, because not everyone can stand in a room full of struggling americans and senior citizens and fill their heads with empty promises of big money making working for this company. This is only for the ignorant that enjoys the feeling of praise and pats on the back for writing all those policies. You will never make enough money to pay your bills and you will retire in poverty while the CEO and Executives will retire millionaires with your money! One more thing I agree on with you, "you always get what you put in" but just in case you still have your thick head buried in the sand, here's some news for you, that's true everywhere you go, whatever you do. Try it and see...Amazing isn't it?
As for those "type of people" as you call us; those that you have seen come and go, it is not the lack of time spent, not the lack of effort that we left HealthMarkets/Insphere but rather the lack of ignorance. We were far to smart for HealthMarkets/Insphere and we saw things you so blindly refuse to see; we chose to believe the truth while you were busy being sucked deeper into believing the lies and so desperately wanting to believe they are true, or is it because you are afraid they may be true?
Anyway, but you just want to help people don't you? Well then, let's see how humanitarian you really are; please help me to "grasp the concept of helping people". Agency Managers and Sales Leaders, why don't you start by helping your agents, on your next meeting, give to each one of your agents a printed copy of the Healthmarkets/Insphere Commission Guidelines (even though it is right there in the Resource Center webpage please do print it out) highlight and explain out loud to them their "Unearned Balance Account" and how much interest they will pay on every advance that they take, explaining clearly that the more policies they sale the bigger their debt accumulates. Also, explain the "Agent Account" and the interest they pay on that one too. But most importantly, please don't forget to explain to all of you agents that if they choose to leave the company, HealthMarkets/Insphere will also take an additional 33% of their hard earned commission as a fee called "Vesting Service Fee". Ask if any of that was mentioned to them during the hiring process or training process or even during the years that they have been working their a*s off at the company. And just in case they wonder where is all the money going? well, don't trouble yourself trying to explain that one....send them to check it out for themselves at www.salary.com and www.secform4.com and have them search for HealthMarkets CEO and Executives salaries, stock award compensation and bonuses. Also, show them all the videos and photographs of all those lavish parties, which Healthmarkets/Insphere throws only for those who choose to "hang with the big dogs" and dare to drink their Kool-Aid. Once you do all of this, and if you're "still laughing", please praise yourselves and feel free to give yourselves a pat on the back because you just helped a few people make informed decisions about working for HealthMarkets. Now, that's what I call "being extremely upfront about the way you get paid"!
Shame on you, shame on all of you!!
And before you make a full out of yourself again by putting your stupidity in wirting on here...just quit the ignorance and stop rejecting of something you know nothing about but yet refuse to investigate. do your homework people!!!
This report was posted on Ripoff Report on 05/21/2014 09:28 AM and is a permanent record located here: http://www.ripoffreport.com/r/HealthMarkets-Insphere/Irving-Texas/HealthMarkets-Insphere-Insphere-Insurance-Solutions-Extortion-and-robbery-at-its-best-1148523. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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