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Insurers New 3rd party Billing Service.

It is said that the Insurance companies may be faced with having

a 3rd party dictating their premium rates.

The news is State F may be entering into a new field as a 3rd party Admin.

company while still holding it's current position as the largest insurer in

the USA. Talk is, all Insurance companies would have to run their customers

premiums through State F Solutions and have their rates determined to

them by State F Solutions.They say it would level out the playing field.

That would stop anyone from competing with them and maintain their dominance.

I will keep you posted as more info comes out about this:-)


Re: Insurers New 3rd party Billing Service.

In addition , they will be able to use all other ins. company demographics to determine where to place future agencies . In a statement made over the weekend , CEO Joe Schmoker said " We really love the fact that we are able to see exactly what are competition is doing ... It is so amazing we dont have to spend any research on demographics on a particular area , If we are considering where to place our next agency .. we just pull the reports from our competition and BOOM !! easy peezy , save us millions "

Re: Insurers New 3rd party Billing Service.

BENCHMARK PRICES OF INSURANCE PREMIUMS hashed this all out a month or so ago.

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