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Medicare Blog | Medicare News | Medicare Information

Introducing the easy-to-use Tele-Sign option with Thrivent Medicare Supplement Plans

Posted by www.psmbrokerage.com Admin on Tue, Jan 28, 2020 @ 03:16 PM

Tags: Thrivent Medicare Supplement

Medicare Advantage Gains Enrollee Share

Posted by www.psmbrokerage.com Admin on Tue, Jan 28, 2020 @ 03:00 PM

Tags: Medicare Advantage

Medicare beneficiaries getting the most bang for their healthcare buck, study shows

Posted by www.psmbrokerage.com Admin on Tue, Jan 28, 2020 @ 02:49 PM

Tags: Medicare Advantage, Medicare Supplement

Medigap vs. Medicare Advantage: What’s the Difference?

Posted by www.psmbrokerage.com Admin on Mon, Jan 27, 2020 @ 10:36 AM

Tags: Medicare Advantage, Medicare Supplement

Centene-WellCare Now One Company

Posted by www.psmbrokerage.com Admin on Fri, Jan 24, 2020 @ 09:53 AM

Tags: Medicare Advantage, WellCare, Centene

What is Happening to the Donut Hole (Coverage Gap) This Year?

Posted by www.psmbrokerage.com Admin on Fri, Jan 24, 2020 @ 09:45 AM

Tags: Medicare, Medicare Part D

Changes Coming in 2020 to Medicare Advantage Plans

Posted by www.psmbrokerage.com Admin on Fri, Jan 24, 2020 @ 09:36 AM

Tags: Medicare Advantage, Medicare, Supplemental Benefits

Medicare Advantage Costs 40% Less than Fee-For-Service Medicare

Posted by www.psmbrokerage.com Admin on Wed, Jan 22, 2020 @ 01:34 PM

Tags: Medicare Advantage, Medicare

OEP - It’s Not for Everyone

Posted by www.psmbrokerage.com Admin on Wed, Jan 22, 2020 @ 12:40 PM

Tags: Medicare Advantage, Medicare, Medicare Part D, OEP

Capitol Life Medicare Supplement - New States Coming Soon!

Posted by www.psmbrokerage.com Admin on Wed, Jan 22, 2020 @ 10:06 AM

Capitol Life Medicare Supplement
New States Coming Soon!

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Tags: Medicare Supplement, Capitol Life

Congress Considers Bill to Address Medicare Late Penalties, Coverage Gap

Posted by www.psmbrokerage.com Admin on Wed, Jan 22, 2020 @ 08:20 AM

Tags: Online Enrollment, Medicare Supplement

Mutual of Omaha 2020 Marketing Credits Program

Posted by www.psmbrokerage.com Admin on Tue, Jan 21, 2020 @ 04:43 PM

 
 

Tags: Mutual of Omaha Medicare Supplement, Bonus Program

Comparison shopping can save Med Supp enrollees more than $1,000 per year

Posted by www.psmbrokerage.com Admin on Tue, Jan 21, 2020 @ 04:31 PM

Tags: Online Enrollment, Medicare Supplement, online sales

Medicare Rights Testifies to Congress About the BENES Act

Posted by www.psmbrokerage.com Admin on Tue, Jan 21, 2020 @ 04:12 PM

Tags: Medicare Part B, Medicare

Bright Health to buy California health plan, further growing its Medicare Advantage reach

Posted by www.psmbrokerage.com Admin on Mon, Jan 13, 2020 @ 05:00 PM

Tags: Medicare Advantage, Medicare, Bright Health

Medico announces Winter Cash Blast!

Posted by www.psmbrokerage.com Admin on Mon, Jan 13, 2020 @ 04:21 PM

Tags: medico insurance, Medicare Supplement

The March of the Baby Boomers

Posted by www.psmbrokerage.com Admin on Mon, Jan 13, 2020 @ 03:08 PM


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Tags: Medicare, Baby Boomers

The Ten Commandments of Prospecting: 2020 Edition

Posted by www.psmbrokerage.com Admin on Mon, Jan 13, 2020 @ 02:27 PM


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Tags: Sales Tips, Leads, prospecting

Cigna's 2021 Sales Trip is To a Place Like No Other

Posted by www.psmbrokerage.com Admin on Mon, Jan 13, 2020 @ 01:55 PM

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Tags: Medicare Supplement, Cigna Supplemental

MACRA 2020 Q & A: Questions & Answers

Posted by www.psmbrokerage.com Admin on Thu, Jan 09, 2020 @ 11:28 AM

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Tags: Medicare Supplement, MACRA

The Best Medicare Supplement Companies of 2020

Posted by www.psmbrokerage.com Admin on Thu, Jan 09, 2020 @ 10:51 AM


Source: https://www.payingforseniorcare.com/best-medicare-supplement-plans


For a list of Medicare Supplement companies PSM proudly represents, go here.


Related Article: Getting Started in Medicare Sales

 

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Tags: Medicare Supplement

The New MACRA Medicare Supplement Deductible Rules Are Here

Posted by www.psmbrokerage.com Admin on Thu, Jan 09, 2020 @ 10:19 AM


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Tags: Medicare Supplement, MACRA

Mutual of Omaha Med Supp Broker Bonus Program 2020

Posted by www.psmbrokerage.com Admin on Thu, Jan 09, 2020 @ 08:59 AM


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Tags: Mutual of Omaha Medicare Supplement, Bonus Program

Medicare For All Could Die In 2020 As Private Insurers Add Seniors to Medicare Advantage

Posted by www.psmbrokerage.com Admin on Thu, Jan 09, 2020 @ 08:50 AM


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Tags: Medicare Advantage, Medicare For All

Medicare Advantage Open Enrollment Period (MA OEP)

Posted by www.psmbrokerage.com Admin on Mon, Jan 06, 2020 @ 02:55 PM

Medicare Advantage Open Enrollment Period (MA OEP)

What is the Medicare OEP (Open Enrollment Period)?

open signWell, it's 2020 and it's the second year of the reinstated Medicare OEP.

The Medicare Advantage Open Enrollment Period (MA OEP) was reinstated in 2019 by the Centers for Medicare & Medicaid Services (CMS).

The new MA OEP replaced the previous Medicare Advantage Disenrollment Period (MADP), which only allowed people to leave MA and return to Original Medicare.


When is the Medicare OEP?

The MA OEP extends from January 1 through March 31 each year. During this time, MA-eligible beneficiaries will be able to change their MA Plan or elect Original Medicare and coverage under Part D.

The effective date for an MA OEP election is the first of the month following receipt of the enrollment request.

Note: If your client uses either the AEP or MA OEP to go back to original Medicare, it is important that they think about the various ways in which they can protect themselves from the costs associated with Original Medicare, like: deductibles, coinsurance, and co payments. They would also need to consider their prescription drug coverage.


Who can use the MA OEP?

Beneficiaries who enrolled in an MA plan as of January 1.

New Medicare beneficiaries who are enrolled in an MA plan during their ICEP.*

*Note: If a beneficiary is enrolled into an MA plan using their ICEP election, they have an open enrollment period for the next 90 days.


What changes can be made during the MA OEP?

Individuals may add or drop Part D coverage during the MA OEP. Individuals enrolled in either MA-PD or MA-only plans can switch to:

  • MA-PD
  • MA-only
  • Original Medicare (with or without a stand-alone Part D plan)

The effective date for an MA OEP election is the first of the month following receipt of the enrollment request.

NOTE: The MA OEP does not provide an opportunity for an individual enrolled in Original Medicare to join an MA plan. It also does not allow for Part D changes for individuals enrolled in Original Medicare, including those enrolled in stand-alone Part D plans. The MA OEP is not available for those enrolled in Medicare Savings Accounts or other Medicare health plan types (such as cost plans or PACE).

Some may see it as an opportunity and others as a bother. Nevertheless, prepare yourself and your clients and you should be able to navigate the OEP with ease.

If you have any questions or need assistance in getting appointed with our leading Medicare Advantage and Part D companiescall us today and one of our knowledgeable marketers would be happy to assist.

 

Additional Updates:
 

Tags: medicare advantage updates, medicare updates, Medicare Open Enrollment Period, OEP

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