So you've stumbled upon a business opportunity with a company called AmeriPlan. They claim to be one of the country's "finest home based business models". But is AmeriPlan a legitimate company?
It definitely souds good. Make money and work from home.
But is this opportunity a good one? Is AmeriPlan a scam? Is it really possible to save money while making money with this company?
Continue reading my review to find out...
Company Name: AmeriPlan
Cost: Different packages available from $20 up to $280
Summary: AmeriPlan is an MLM company that pushes the recruitment of people into the organization. Even though the company does have real services, they are available only in a limited number of US states. So for anyone outside of the United States, you will not be interested.
AmeriPlan bills themselves as the top Discount Medical Plans Organization (DMPO) in the nation. It also claims that it's the biggest value-oriented & discounted fee-for-service plan.
That's great. But what does that even mean?
Pretty much it means that AmeriPlan offers its customers discounts for several healthcare services for a monthly fee.
This is sort of similar to insurance but not quite the same.
AmericPlan behaves as a middleman in between people looking for healthcare plans and the actual dentists, doctors, and pharmacists providing these services.
AmeriPlan works with the providers to negotiate lower prices for its members.
How low they can get the price depends on the service. For the most part the discount will be somewhere between 15% and 50%. But there are some services, for example in the dental plan, that could be discounted as much as 80%.
In order to get these discounts members of AmeriPlan must pay a certain amount per month. How much they pay depends on which package they opt for.
In this way AmeriPlan sets themselves up as an intelligent option for people without insurance or not enough insurance.
When AmeriPlan began in 1992 they just provided dental packages. The founders, Daniel and Dennis, felt there was a demand for these dental services.
As many as 58 million Americans at the time did not have any plan for health savings.
AmeriPlan added to their offerings because of this huge demand and offered discounts for the following services:
- Hospital Advocacy
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AmeriPlan Business Opportunity
Everything to this point has been about their saving money opportunity. But what you'd probably like to know more about is the opportunity to make money.
AmeriPlan has two methods in which you can make money:
- You can profit from sales of the healthcare packages
- Recruit others into the company and get commissions from their sales
AmeriPlan is a Multi-Level Marketing (MLM) company.
In order to make money at this company you must pay a monthly fee and become what they call a Benefit Consultant(BC). This is their title for their salespeople.
When you become a BC at AmeriPlan they will give you specialized training, as well as resources that will assist you in building a business. Here is a sample of what you get:
- AmeriPlan E-Kit - online tools and resources to help you with your AmeriPlan business.
- Three E-commerce Websites - one site to send your prospective members to, another one for other business opportunity seekers, and one site for prospects who are undecided between wanting to save money or earn money.
- BC Back office - website for members to track their business performance, access training materials, tools and other resources.
These tools are provided to members to help them sell products and also to recruit others to the company.
AmeriPlan is similar to any traditional MLM company in that members make commissions off of the sales that their downline makes.
AmeriPlan Product Plans
There are AmeriPlan has 3 main product packages...
1. AmeriPlan Dental Plus ($19.95/month)
The plan saves you money on:
- Chiropractic services
2. AmeriPlan TeleMED Plus ($24.95/month)
The plan is $5 more than the Dental Plus plan and sames you money for:
- Prescription Drugs
- Ancillary Services
- BIll Negotiator
- Healthcare Navigator
- Surgery Saver
3. AmeriPlan Deluxe Plus ($39.95/month)
Deluxe Plus combines both of these plans plus some other non-medical discounts. This plan gives you the benefits of both plans at a discounted price.
A big plus of these plans at AmeriPlan is that they all will extend to every member of your family and not only you.
This makes it worth the price you pay for them.
But if someone wants to be a BC and make money they will be required to pay the $24.95 fee plus a $20 fee for registration.
For example, with the Dental Plus plan you will have to pay $19.95 plus the $24.95 and the $20. So it will cost you $64.90 to start this business.
In addition you will have to pay the $19.95 every month thereafter plus the $24.95 every year.
Looking for more info on MLMs? Check out these other reviews.
AmeriPlan Compensation Plan
AmeriPlan BC members receive a 40% commission payment for all members they bring in.
In addition to this there are multiple bonuses to incentivize members to do their best to recruit more members.
Probably the best example of this is their Cadillac Club. A member who earns at least $50K in a 12 month time period while also maintaining $4,000 a month in income could win a Cadillac.
This bonuses sound great, but in reality only the top tier sellers will ever reach this level. Most members won't be able to get these rewards.
If you reach the rank of SESD by having 9 more RSD sales, then you can make commissions down three levels of your downline.
It is pretty difficult to comprehend this plan because it is so complex.
The most important thing to remember about their compensation plan is:
- Members make 40% commission on any sales they make
- Members could make commissions from their downline five levels down. These are the multiple levels that make it an MLM.
Is AmeriPlan a Legitimate Company Or A Scam?
AmeriPlan is not a scam. Companies do not usually last 27 years if they are a scam.
If AmeriPlan was a scam, the company probably would get shut down pretty quick.
But a big negative for me is how much they push the recruitment of new members to the company instead of pushing the products more. This problem is common among MLM companies.
In addition, in order to make any money at AmeriPlan, you will more than likely have to try selling to your family members and friends on the benefits of AmeriPLan.
Next thing you know you've damaged relationships and become "that guy" who's always selling his business opportunity.
Although AmeriPlan isn't a scam, it is not a company I would recommend.
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