CNO Financial Group, Inc. (CNO)

--Careeragent 18:52, May 28, 2012 (PDT)Bold text[[Image:[Example.jpg]Italic text]] Colonial Penn is, as of 2010, the underwriter for Bankers Life Medicare Supplements. The vast majority of it's Medicare Supplement new business is in the "turning 65" Open Enrollment window and is therefore an unknown quantity. Heavy turnover in agent contracting serves as a means to avoid payment of renewals but provides a workforce that is unprepared to target replacement business (outside of open enrollment) that would need to meet underwriting guidelines. Targeting non-underwritten business, to the exclusion of a reasonable percentage of underwritten policy holders, will create a risk pool so expensive to maintain that the healthy members will flee to more stable companies. The unhealthy in such a pool will have to remain and suffer the rising cost or join the ranks of Medicare Advantage members.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.