I have been contacted by a group called Cornerstone America. Are they legitimate and reputable?

Question

Recently I went to an "interview" by a company known as Cornerstone America. Basically, if I accept, I will be a sales rep selling health insurance packages mainly for the self employeed but also for individuals and small business. Other names that go along the company are HealthMarkets and Mid-West Life Insurance Company of Tennessee. From the initial interview they sounded very up and up and honest but I am doing my research before falling for a potential scam job. This is part of that research.

Answer 1

yes,there is a site which can provide you all concern information that site is http://wwwinsuranceplan4u.com

Answer 2

Yes, they are legitimate, reputable is a matter of opinion. It's good that you're doing your homework. I'd never work for them, there's been a lot of scandal about the way the agents promote the product. They work under many different names, the most common is NASE and Mega.

The plans they push are not major medical, they are hospital certificates. There is a big different when it comes to using the service. Here is a comparison:

Mega (and all the other names) deductible is per confinement, which means if you go into the hospital 3 times in one year you have 3 deductibles to meet. Most plans’ deductible is per year.

Lifetime maximum for Mega is $1 Million. Major medical plans are $2 to $8 Million.

Mega has an annual maximum per illness of $500,000. Most Major medical have NO annual maximums.

Depending upon the policy, Mega will only pay UP to $500 per day if you are admitted to the hospital. Average daily hospital cost - $3000, Average stay – Three days. For the average hospital stay MEGA will pay up to $1500, you will pay $7500.

Depending upon the policy, Mega will only pay UP to $1500 per day if you are in ICU. Average cost - $8000, Average stay – Two days. For the average ICU stay MEGA will pay up to $3000, you will pay $13,000. Since most people (unless they’re dead) have a hospital stay after the ICU stay you can add in the figures from the previous paragraph.

Doctor visits while you are in the hospital is limited to $50 per visit and limited to ONE visit per day. Average cost - $120, Average number of daily visits – TWO. For the average 3 day hospital stay MEGA will pay $150, you will pay $570.

Ambulance transport is limited to $250 per trip and payable only if you are admitted to the hospital. If you are transported to the ER and not admitted - no benefits. The average cost for ambulance - $1000. For the ambulance (if you are admitted to the hospital) MEGA will pay $250, you will pay $750. For the ambulance (if you are NOT admitted to the hospital) MEGA will pay $0, you will pay $1000.

Air ambulance is not covered unless additional rider purchased. Maximum benefits with Mega are $3500. Average cost - $12,000. Your bill - $8500.

Many other limitations for: miscellaneous hospital inpatient charges, inpatient and outpatient surgery, routine physicals, anesthesiologist and more. Plus you have to pay the expensive yearly dues.

Answer 3

http://www.ripoffreport.com/reports/0/14...

This might help you make a decision........

Answer 4

Don't do it, it is just another scam unfortunately.

This is where I check all businesses before I apply or buy anything.

http://www.ripoffreport.com/reports/0/13...

Sad world when the scam artists start targeting people who already have no money and need a job to fix that.