MY HONORS PROJECT INTERVIEWWith David Riddle

RIDDLE HEALTH INSURANCE

RIDDLE HEALTH INSURANCECompany Selection

COMPANY SELECTION

Riddle Health InsuranceLocated in Tampa Florida

www.riddlehealthinsurance.com

RIDDLE HEALTH INSURANCEWhat The Company Offers

Multitude of health insurance options. Preferred Provider Organization Point of Service Fee For Service plans

Different types of health insurances Individual and family Medicare supplemental Dental insurances Life insurance Disability insurance Hospital and surgical gap Accidental policies

WHAT RIDDLE HEALTH INSURANCE OFFERS

RIDDLE HEALTH INSURANCEOwner’s Bio-Data

OWNER’S BIO-DATA DAVID OWEN RIDDLE

Education:       Montana State University, Havre MT                        B.S. Elementary Education Bloomington High School South, Bloomington, IN            Diploma

Certification:    2006 - Health and Life Insurance License

Accomplishments: 2008 – Sold over 1.3 million dollars worth of health insurance policies 2000-2005 - Increased company sales revenue from 1.2 Million to 3.8 Million 1998 - Instrumental in negotiating the start up of a 700 seat call centers and the creation of 500

additional jobs by renovating and upgrading an old mall.

Work Record:   Owner                             Riddle Health Insurance    10/09-Present Regional Manager    USA Benefits Group   04/10-Present District Manager/    Affiliated Health Insurers        07/06-04/10

Insurance Agent Manufacturer Representative/ Delta Computer Systems   02/00 -04/05 

Regional Sales Manager Real Estate Broker   Coldwell Banker/REMAX        06/91-02/00

RIDDLE HEALTH INSURANCEInterview Questions

INTERVIEW QUESTIONS Riddle Health Insurance Company is a sole

proprietorship. Why did you decide to take this risk over deciding to have a partnership or a corporation?

What capital goods did you invest into your company? Does the use of technology have an impact on your

costs and the supply of health insurance policies you offer?

Being that many people were no longer carried under Large Employer Group Health Insurance, what impact did the recession and rising unemployment have on demand of individual policies?

Considering our government’s new health reform bill, do you believe the private sector will lose consumer sovereignty over health insurance?

RIDDLE HEALTH INSURANCEInterview With David Riddle

INTERVIEW WITH DAVID RIDDLE

INTERVIEW WITH DAVID RIDDLE

Why take the risk by choosing to have a sole proprietorship over a partnership or corporation?

INTERVIEW WITH DAVID RIDDLE

There was no benefit in paying taxes twice with a C-Corporation.

There are the same deductions for either one, the LLC or the personal—or “sole proprietorship”

The same tax deductions There has to be over three

million in sales

INTERVIEW WITH DAVID RIDDLE

Capitol goods are needed?

INTERVIEW WITH DAVID RIDDLE

A thousand dollars to get everything started.

One Needs:A LicenseOffice equipment

Computer Fax machine Printer

INTERVIEW WITH DAVID RIDDLE

The impact that the Internet and technology has on costs and supply of health insurance policies?

INTERVIEW WITH DAVID RIDDLE

It is the vehicle of choice now

Web and Internet marketing and sales is going to have a huge impact

More and more people are using the internet”

It’s going to increase your sales

In every industry it’s going to affect how things are bought and sold

INTERVIEW WITH DAVID RIDDLE

Change in demand for individual policies due to recession and unemployment?

INTERVIEW WITH DAVID RIDDLE

It actually increased demand People have lost their health

insurance through their company or through unemployment

They still want to be able to insure their families

It actually increased our prospects

INTERVIEW WITH DAVID RIDDLE

Will the private sector lose consumer sovereignty over health insurance because of our government’s new health reform bill?

INTERVIEW WITH DAVID RIDDLE That’s the biggest fallacy or

misrepresentation In no way, shape, or form was

the government actually going to take over the health insurance business

Huge number of increased business for private companies

Health insurance in the private sector in this market is going to gain a thousand folds new customers

RIDDLE HEALTH INSURANCEWhat I Learnt So Far…

WHAT I LEARNT SO FAR

David Riddle is knowledgeable about : business, the law, and supply and demand of his

product.  Corporations must make a certain amount of profit

to benefit from being a corporation.   Computer technology is important to our economy

More people of all ages conduct business through this means.  

Government intervention can increase consumer sovereignty in the private sector.   Consumers will be forced to carry insurance

However There is great potential for customers and their

demands to control: what is offered in the market costs

RIDDLE HEALTH INSURANCEWorks Cited

WORKS CITED

Riddle, David. “David R Resume.” Message to the author. 12 June 2010. E-mail.

Riddle, Jean. Telephone interview. 12 June 2010.

Riddle Health Insurance: Answering the Riddles of Health. Riddle Health Insurance,2009. Web. 5 June 2010. <http://www.riddlehealthinsurance.com/>.