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On behalf of all of us at Precision Senior Marketing, we appreciate your business and wish you a safe Memorial Day weekend.

• Standard Life and Casualty Medicare Supplement release
  
• Western Catholic Medicare Supplement release
  

Despite concerns that payment changes enacted in the Affordable Care Act of 2010 would lead to reductions in Medicare Advantage enrollment, the number and share of Medicare beneficiaries enrolling in Medicare Advantage plans has continued to climb. Since the enactment of the ACA, Medicare Advantage enrollment has increased by 4.6 million, or by 41 percent.

As of March of 2014, 30 percent of people on Medicare (15.7 million beneficiaries) were enrolled in a Medicare Advantage plan, a 10-percent increase since March 2013. Most of the enrollment growth since 2013 has been in the individual market, but group enrollment in Medicare Advantage plans accounted for almost one-third (32%) of the enrollment growth in 2014 and has been a major factor in the experience of some firms.

Medicare Advantage enrollment continues to grow … ultimately the form of both the overall Medicare program and Medicare Advantage will be shaped by the policy and fiscal climate.

Source: kff.org

• Standard Life and Casualty Medicare Supplement release
  
• Western Catholic Medicare Supplement release
  

A recent report shows that Baby Boomers’ confidence in their retirement plans continues to decline, a trend dating back to 2011; the percentage of Boomers with a high level of confidence in their retirement preparation dropped from 44 percent to 35 percent. Key findings from the report:

• A quarter of Boomers postponed their plans to retire during the past year
• 28 percent of Boomers plan to retire at age 70 or later
• One in 10 Boomers prematurely withdrew savings from a retirement plan during the past year
• 80 percent of Boomers have retirement savings, and half of them have $250,000 or more
• Three in four Boomers say tax deferral is an important feature of a retirement investment.

Source: myirionline.org.com

• Standard Life and Casualty Medicare Supplement release
  
• Western Catholic Medicare Supplement release
  

An overwhelming majority of Medigap members - 94 percent - are satisfied with their coverage, according to a recent survey from America's Health Insurance Plans (AHIP). Indeed, 91 percent would recommend similar coverage for a friend or relative, and 80 percent of the 500 Medigap beneficiaries surveyed said their policies are an “excellent” or “good” value for the money, a figure that’s constant in recent years (79 percent in 2012; 77 percent in 2009).

Source: www.ahipcoverage.com

• Standard Life and Casualty Medicare Supplement release
  
• Western Catholic Medicare Supplement release