{"id":4042,"date":"2019-05-17T07:54:18","date_gmt":"2019-05-17T11:54:18","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=4042"},"modified":"2019-05-17T07:54:18","modified_gmt":"2019-05-17T11:54:18","slug":"great-service-doesnt-justify-over-inflated-fees","status":"publish","type":"post","link":"https:\/\/therosenbaumlawfirm.com\/blog\/?p=4042","title":{"rendered":"Great service doesn\u2019t justify over inflated fees"},"content":{"rendered":"<p>I\u2019m a loyal customer and always have been. I\u2019ve always been reluctant to change especially when I\u2019m satisfied with a service. I\u2019m too loyal and sometimes, it costs me money like 401(k) plan sponsors who have misplaced loyalty in their plan providers.<\/p>\n<p>Ever since I got my first cell phone in 1998, I always used Verizon Wireless. The services was far superior in terms of coverage and<a name=\"_GoBack\"><\/a> I was always willing to pay more. I even waited the longest time when Verizon didn\u2019t originally carry the IPhone when AT&amp;T had the exclusivity of it. I even was loyal when Verizon phased me out of unlimited data in exchange for the subsidy of my first IPhone, the 4S.<\/p>\n<p>When my kids needed cell phone, I actually signed them up with T-Mobile because they were less expensive and it was a trial to see if I should make the switch. I dawdled for over a year without making the switch. My wife and I made the switch to T-Mobile because of a promotion regarding new phones. We made the switch and ended up saving $125 a month. In addition, through their T-Mobile Tuesdays, I got a free year of MLB.TV, free Netflix, and a whole host of other goodies.<\/p>\n<p>Verizon still has a better service, but not enough to justify the $125 extra a month. The point here is that while better service should fetch a premium, too much of a premium is going to scare your plan sponsors to seek a less quality with a steeper discount. Everything about fees is reasonablenessand if you charge too much of a premium for your higher quality service, you may end up not being reasonable in fees for the services you provide.<\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>I\u2019m a loyal customer and always have been. I\u2019ve always been reluctant to change especially when I\u2019m satisfied with a service. I\u2019m too loyal and sometimes, it costs me money like 401(k) plan sponsors who have misplaced loyalty in their &hellip; <a href=\"https:\/\/therosenbaumlawfirm.com\/blog\/?p=4042\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4042"}],"collection":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4042"}],"version-history":[{"count":1,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4042\/revisions"}],"predecessor-version":[{"id":4043,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4042\/revisions\/4043"}],"wp:attachment":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}