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Medicare Blog | Medicare News | Medicare Information

Happy New Year and Thank You For Your Business

Posted by www.psmbrokerage.com Admin on Tue, Dec 31, 2019 @ 10:33 AM


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Grow Your Medicare Sales with PSM

Posted by www.psmbrokerage.com Admin on Tue, Dec 31, 2019 @ 09:42 AM

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Tags: Medicare Advantage, Medicare Supplement, Leads, Medicare Sales, Part D, Enrollment Tools, Medicare FMO, online sales

Aetna Supplemental: New year, new chance to earn a bonus

Posted by www.psmbrokerage.com Admin on Fri, Dec 27, 2019 @ 11:36 AM


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Tags: Aetna Medicare Supplement

Happy Holidays and Merry Christmas

Posted by www.psmbrokerage.com Admin on Thu, Dec 26, 2019 @ 01:57 PM

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Repeal of health insurance tax could bolster Medicare Advantage insurers' earnings, enrollment

Posted by www.psmbrokerage.com Admin on Wed, Dec 18, 2019 @ 04:35 PM


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Tags: Humana, Medicare Advantage, UnitedHealthcare

Aetna - What you need to know: SEP for non-renewing plans

Posted by www.psmbrokerage.com Admin on Wed, Dec 18, 2019 @ 02:54 PM

Tags: Medicare Advantage, aetna

Mutual of Omaha: 2020 Q1 Broker Bonus Program

Posted by www.psmbrokerage.com Admin on Wed, Dec 18, 2019 @ 01:41 PM


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Tags: Mutual of Omaha Medicare Supplement, Bonus Program, Incentives

Top 5 Viewed PSM Guides of 2019

Posted by www.psmbrokerage.com Admin on Mon, Dec 16, 2019 @ 03:01 PM

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Tags: Sales Tips, Medicare Advantage, Medicare, Medicare Supplement, Leads, Medicare Sales, tips on selling insurance to seniors, Social Media Marketing, online sales

House Passes Drug Bill That Could Add Dental Benefits to Medicare

Posted by www.psmbrokerage.com Admin on Fri, Dec 13, 2019 @ 04:45 PM

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Tags: Medicare, dental

A Brief Analysis of the Medicare Market in Six Major Metro Areas

Posted by www.psmbrokerage.com Admin on Fri, Dec 13, 2019 @ 02:09 PM


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Tags: Medicare Advantage, Medicare

Why is Creating Medicare Advantage Supplemental Benefits so Difficult?

Posted by www.psmbrokerage.com Admin on Thu, Dec 12, 2019 @ 02:44 PM

Why is Creating Medicare Advantage Supplemental Benefits so Difficult?

Business Key Challenges

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Medicare Advantage plans are slow in creating benefits that serve more than medical needs for severely ill members, potentially because designing and implementing a new healthcare benefit is challenging and time-intensive,  researchers from the Duke-Margolis Center for Health Policy
found.

“The Medicare Advantage market is a fertile testing ground for new care delivery models for people with serious illness,” said Robert Saunders, PhD, research director at the Duke-Margolis Center for Health Policy and one of the study’s co-authors

“The program’s capitated payment structure encourages new approaches because plans share in cost savings, earn bonus payments, and receive rebates (that they can use to offer enhanced benefits or reduce member cost sharing) if they are able to reduce costs while maintaining or improving the quality of care delivered, as measured by Medicare’s Star Ratings program.”

The study found that between 2019 and 2020 the number of plans taking advantage of greater supplemental benefit laxity was rising but not impressive. Sixty-three plans added an adult day care benefit for severely ill members. A total of 148 plans will offer in-home support and 58 will offer palliative care benefits, both double the number of plans that did so last year.

Plans serving urban demographics were more likely to offer serious illness supplemental benefits, with nearly 50 percent of areas that had a serious illness supplemental benefit identifying as urban. Also, areas with higher concentrations of MA plans tended to have greater access to supplemental benefits, with on average 32 percent MA plan penetration for 2020.

These trends help illuminate the challenges health plans face in implementing new supplemental benefits

For example, despite wider parameters for supplemental benefits, plans have difficulty financing the changes. They are being asked to make new benefits for Medicare beneficiaries without receiving new funds. For many, this means reworking existing benefits to incorporate serious illness supplemental benefits instead of creating new benefits.

Developing a social determinants of health strategy for MA seemed counterintuitive to payers. Some struggled to justify creating a new social determinants of health strategy for their MA plans when they already had an approach in place across all products. Others said that other plans’ social determinants of health approaches were by its nature incompatible with MA.

The researchers suggested that plans should gather data to evaluate how members would use the new benefit and its impact. Many plans try to do this through pilot programs. However, pilots increase administrative burden and can have little buy-in from consumers due to limitations on pilot program advertising.  

Read the entire article on Health Payer Intelligence

 

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Tags: Medicare Advantage, Medicare

Medicare Advantage rebates to hit new highs in 2020

Posted by www.psmbrokerage.com Admin on Mon, Dec 09, 2019 @ 02:42 PM


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Tags: Medicare Advantage, Medicare

Ameritas Dental Network Expansion

Posted by www.psmbrokerage.com Admin on Mon, Dec 09, 2019 @ 02:34 PM


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Tags: ameritas, dental plans

Get to know the New PlanRight from Foresters

Posted by www.psmbrokerage.com Admin on Thu, Dec 05, 2019 @ 02:32 PM

Effective date December 8, 2019
 
Foresters Financial Log on to ezbiz
Get to know the new PlanRight. Download the Product Guide.
Effective December 8, 2019, Foresters Financial™ is introducing a brand new PlanRight! It’s fast, flexible protection that’s been enhanced to help meet the needs of your clients.
 
    New Branded Plans  
 
 
 
Level, Graded, and Modified are now Preferred, Standard, and Basic
 
New minimum face amount of $5,000 on all plans
 
A death benefit amount, based on 100% of the face amount, from day one on our newly branded Standard plan
 
 
    Simplified Application and Shorter PHI  
 
 
 
Streamlined health questions improving application flow
 
Easier to qualify for Standard and Preferred plans
 
Shortened PHI providing instant medical eligibility over the phone. And now 5 minutes faster!
 
 
    New Riders & Competitive Rates  
 
 
 
Family Health Benefit Rider available on all plans
 
Accelerated Death Benefit Rider for Terminal Illness on select plans¹
 
Same rates on the Preferred Plan and lower rates for select non-tobacco users²
 
 
Watch for more info coming soon to your inbox! Be sure to get the PlanRight US General application below or log in to ezbiz to get state-specific applications and to order your new PlanRight materials.
 
Download the U.S. General Application
Be prepared. Call PSM today for more details
 
800-998-7715
 
Not appointed with Foresters? Click Here

Foresters products and their riders may not be available or approved in all states and are subject to underwriting approval, limitations, contract terms and conditions, and state variations. Refer to the applicable Foresters Product Guide and the insurance contract for your state for these terms and conditions. Products underwritten by The Independent Order of Foresters.

1 Family Health Benefit rider is available on all plans, while Accelerated Death Benefit rider for Terminal Illness is only available on Standard and Preferred Plans.

2 Reduced rates are applicable only to male non-tobacco users, ages 65-70 and female non-tobacco users, ages 64-70.

For Producer use only. Not for use with the public. 418212 US 12/19

 

Tags: Final Expense, Whole Life, Foresters

A big clue for 2021 Medicare Advantage plans

Posted by www.psmbrokerage.com Admin on Thu, Dec 05, 2019 @ 02:00 PM


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Tags: Medicare Advantage, Medicare

The Future of the Medicare Program

Posted by www.psmbrokerage.com Admin on Thu, Dec 05, 2019 @ 01:49 PM


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Tags: Medicare Advantage, Medicare

Did You Know You Are Helping YourMedicare Feed America?

Posted by www.psmbrokerage.com Admin on Wed, Dec 04, 2019 @ 11:04 AM

 

 

 

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Tags: Enrollment Tools, YourMedicare, Feed America

Why sell SilverScript® PDP?

Posted by www.psmbrokerage.com Admin on Wed, Dec 04, 2019 @ 10:46 AM


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Tags: Medicare Part D, silverscript

UnitedHealth Group To Open Medicare Centers Inside Walgreens

Posted by www.psmbrokerage.com Admin on Wed, Dec 04, 2019 @ 10:32 AM


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Tags: UnitedHealthcare, Walgreens

No Itch to Switch: Few Medicare Beneficiaries Switch Plans During the Open Enrollment Period

Posted by www.psmbrokerage.com Admin on Mon, Dec 02, 2019 @ 02:42 PM


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Tags: Medicare Advantage, Medicare Part D, AEP

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