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GMP
Our office has been very reluctant to increase what it charges for administration post-PPA. It would be helpful to me for future discussions if any people in other offices would share with me what they are billing, relatively, for their PPA administration. After PPA how much did you increase your annual administration charges for plans with 1, 10, 100, and 500 lives? Thanks.
david rigby
Nope. We don't use these Boards for sharing such information. Two reasons:
- anti-trust concerns (ie, "price-fixing"),
- why give information to your competition?
Andy the Actuary
Agree with David. My fees are very proprietary -- Even my clients are given blank invoices.

You may or may not realize that when the IRS increased the JBEA Enrolled Actuaries renewal application fee from $25 to $250, one of their supporting comments was that the increase should be more than offset by the additional work generated by PPA.
AndyH
Tell me one person that wants to pay more for PPA.
Andy the Actuary
QUOTE (AndyH @ Aug 3 2009, 12:05 PM) *
Tell me one person that wants to pay more for PPA.

Little Melvin Cowsnowski who is a lifeguard in a local carwash. As a boy, Melvin's mother took him to the local confectionary. Melvin ask the confectioner how much the candy sitting in the jars was. The confectioner replied, "You can have all you want for a nickel." Melvin plopped down a dime on the counter and asked, "In that case, how much will this dime buy?"
SoCalActuary
QUOTE (Andy the Actuary @ Aug 3 2009, 11:44 AM) *
QUOTE (AndyH @ Aug 3 2009, 12:05 PM) *
Tell me one person that wants to pay more for PPA.

Little Melvin Cowsnowski who is a lifeguard in a local carwash. As a boy, Melvin's mother took him to the local confectionary. Melvin ask the confectioner how much the candy sitting in the jars was. The confectioner replied, "You can have all you want for a nickel." Melvin plopped down a dime on the counter and asked, "In that case, how much will this dime buy?"


Well, if you aren't going on vacation, at least you found a sense of humor. Lifeguard... good line!
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