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FIB - Scams 101 - Ye Olde Archives
Posted By: Larry In Response To: AmeriPlan-Comments Please! (Carol Herron)
Friday, 18 February 2005, at 4:08 p.m.
Ameriplan does save you money IF you use the membership. However, there are many (hundreds) of other plans out there like this so competition is stiff. You will see some similar plans advertised on TV. These other plans can cost you less or more per month then an ap membership and may contain more or less services.
You can make good money at it BUT it will require you to work it as a business and not a hobby.
As was already stated, you will need to know that ap has a limited provider network and the vast majority of their providers are in or around metropolitan areas. Many dentists hate these type of plans and will not join them.
Also, many people joining ap do not realize that there are required membership quotas in order for you to maintain over-ride commissions on the people you bring in. I am not sure when these quotas kick in but the last time I heard, you had to bring in 12 memberships per year in order to be eligible for override commissions. I believe this requirement stops when you reach their top position.
A friend of mine is an NSD with them and making close to $200K/yr last time I had lunch with him. He's approached me more than once about this but I'm the type of guy that wants to see the fine print. Ask to read their independent representative manual before joining. In fact, I think there is a link (PDF) to it at their IBO sites when you first go in to sign-up. If more people read that PDF doc prior to joining, they may have second thoughts.
Good luck in your research!
> OK Guys,
> Here's another business opportunity that I came across and so far, it
> looks pretty good. This company has been around for quite a while and the
> lady I spoke with has been involved for 8 years. She also has three of her
> children working this business. It looks like a good legitimate business
> opportunity where the money-making potential is pretty good. It doesn't
> make over-night millionaires but that's not what I'm looking for. Comments
> Please!!!!!!!
> Carol
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