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Bankers Fidelity is pleased to announce the launch of Atlantic Capital Life Assurance Company™

Posted by www.psmbrokerage.com Admin on Thu, Dec 07, 2023 @ 01:49 PM

New Medicare Supplement Charter in
AR, AZ, GA, MS, NM, NC & TX!


Bankers Fidelity is pleased to announce the launch of
Atlantic Capital Life Assurance Company™. 

Medicare Supplement Insurance plans A, F, G, High Deductible G, K and N are currently available to write in Arkansas, Arizona, Georgia, Mississippi, New Mexico, North Carolina and Texas.


A new 7% Household Discount Rider is available for qualified individuals. For information on our new Roommate definition for Household Discount eligibility, login to our Agent Portal.

All applications, forms and brochures are available for download and online ordering in ADDS®. The eApp is also available for this product to help you get a quote and submit an application quickly and easily.

Bankers FidelityNot appointed to sell with Bankers Fidelity?

Request more details and contracting here.

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Tags: bankers fidelity, Medicare Supplement plans

2024 Medicare OEP Details

Posted by www.psmbrokerage.com Admin on Thu, Dec 07, 2023 @ 12:20 PM

Medicare OEP

The Medicare Open Enrollment Period (OEP), which runs from January 1st to March 31st each year, is an important time for Medicare beneficiaries. It allows individuals enrolled in Medicare Advantage plans to make certain changes to their coverage.

Here are key rules and guidelines for the Medicare OEP:

Medicare Advantage Plan Changes:
Beneficiaries enrolled in a Medicare Advantage plan as of January 1 can switch to another Medicare Advantage plan or return to Original Medicare (Part A and B). This can be done only once during the OEP.

Prescription Drug Plan Changes:
If a beneficiary switches to Original Medicare during this period, they can also join a Medicare Prescription Drug Plan (Part D) to add drug coverage.

No Changes for Standalone Part D Plans:
Beneficiaries who have Original Medicare with a standalone Part D plan cannot use this period to switch their Part D plan.

No Effect on Medigap Policies:
The OEP does not provide an opportunity to purchase or switch Medigap (Medicare Supplement) policies. Medigap enrollment rules are separate and not tied to the OEP.

One-Time Change:
Each beneficiary is allowed one plan change during the OEP. Once a change is made, the beneficiary cannot make another change until the next Annual Enrollment Period, unless they qualify for a Special Enrollment Period.

Coverage Effective Dates:
Changes made during the OEP take effect on the first day of the month after the plan receives the enrollment request. For example, a change made in February will take effect on March 1st.

No New Enrollments for Medicare:
The OEP is not for individuals who are newly eligible for Medicare to enroll in Medicare Advantage or Part D. New enrollees have separate initial enrollment periods.

Marketing Restrictions:
There are specific rules restricting insurance providers from actively marketing to beneficiaries during OEP. This includes no unsolicited marketing materials specifically about the OEP.

Royal Neighbors AnnuitiesUnderstanding these rules is crucial for anyone working with Medicare beneficiaries, especially insurance agents and healthcare advisors, to ensure compliance and provide accurate guidance.

After the Annual Enrollment Period (AEP), there are several effective sales strategies you can employ to maintain momentum and continue growing your business.

Check out a summary of ideas here.

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Tags: Medicare Advantage plans, OEP, Compliance

Get More with Physicians Mutual®

Posted by www.psmbrokerage.com Admin on Thu, Dec 07, 2023 @ 12:20 PM


physicians-mutual-blog header 2

You can now add Physicians Mutual to your product portfolio. This is a game-changing opportunity for agents like you who want to increase their sales while helping clients save more money. Find out why so many agents are excited!

Great reasons to add Physicians Mutual to your portfolio:

More Innovation

Cutting-Edge Products | Access to patented Medicare Supplement plans exclusive to Physicians Mutual.

Comprehensive Coverage | Products for all ages, including dental, cancer, life, and pet insurance.

Extras | Policyholders receive access to Rx discounts, discounted fitness club memberships, vision & hearing discounted and more.

More Support

Personalized Service | No toll-free numbers needed.

Easy Selling | Online sales presentation and enrollment tools.

Ongoing Support | Live, online, and pre-recorded sales trainings.

Marketing | Free and customized marketing materials (for select products) to help promote your brand.

Extras | Hassle free compliant seminars. No CMS-requirement. No Scope of appointment. No sales recording or storage requirements.

More Rewards

Earn More | Competitive compensation packages and monthly bonuses with no cap.

World-Class Incentive Trips | Yearly trips for our top performing agents. Recent trips include Mexico and Ireland.

Ask us for details on what sets Physicians Mutual apart from the competition — and why you won’t want to sell others' products. You won’t regret it!

To request details, Please call us at 800-998-7715 or click on the link below.

learn-more-button - Cryer Pools & Spas, Inc.

For recruiting purposes only. Products/features vary by state.

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Tags: medicare supplement insurance, dental plans, Physicans Mutual

2025 CMS Proposed Final Rule

Posted by www.psmbrokerage.com Admin on Thu, Dec 07, 2023 @ 12:19 PM

final rule

Contract Year 2025 Policy and Technical Changes to the Medicare Advantage Plan Program, Medicare Prescription Drug Benefit Program, Medicare Cost Plan Program, and Programs of All-Inclusive Care for the Elderly, and Health Information Technology Standards


On November 6, 2023, the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that would revise the Medicare Advantage Program (MA), Medicare Prescription Drug Benefit Program (Part D), Medicare Cost Plan Program, Programs of All-Inclusive Care for the Elderly (PACE), and Health Information Technology Standards and Implementation Specifications. The proposed policies build on existing Biden-Harris policies to strengthen beneficiary protections and guardrails to promote healthy competition and ensure Medicare Advantage plans best meet the needs of beneficiaries. In addition, these proposed policies would promote access to behavioral health care providers, promote equity in coverage, and improve supplemental benefits. 

On December 14, 2022, CMS issued CMS-4201-P, which proposed revisions to regulations governing MA, Part D, Medicare cost plans, PACE, and Health Information Technology Standards and Implementation Specifications. All the provisions included in the proposed rule CMS-4201-P were open for public comment from December 14, 2022, to February 13, 2023. On April 5, 2023, CMS issued final rule CMS-4201-F, which finalized several provisions proposed in CMS-4201-P. CMS intends to address a number of the remaining provisions from the proposed rule, CMS-4201-P, in future rulemaking, including in the final version of this rule.

This fact sheet discusses the major provisions of the 2025 proposed rule. The proposed rule can be downloaded here: https://www.federalregister.gov/public-inspection/current. 

Enhancements to Medicare Advantage and Medicare Part D 

New Guardrails for Plan Compensation to Agents and Brokers to Stop Anti-competitive Steering.

Many beneficiaries rely on agents and brokers to help navigate complex Medicare choices as they comparison shop for coverage options. The Medicare statute requires that CMS’s marketing standards ensure that CMS develops guidelines to ensure that the use of compensation creates incentives for agents and brokers to enroll individuals in the Medicare Advantage plan that is intended to best meet their health care needs. However, financial incentives to agents and brokers, more readily paid by large plans, can result in beneficiaries being steered to some Medicare Advantage plans over others based on excessive broker and agent compensation and other bonus arrangements—rather than recommending plans based on the prospective enrollee’s best interests. 

Specifically, CMS is proposing to redefine “compensation” to set a clear, fixed amount that agents and brokers can be paid regardless of the plan the beneficiary enrolls in, addressing loopholes that result in commissions above this amount that create anti-competitive and anti-consumer steering incentives. The proposal ensures the payment of agent and broker compensation reflects only the legitimate activities required of agents and brokers by broadening the scope of the regulatory definition of “compensation” so that it is inclusive of all activities associated with the sales to/enrollment of a beneficiary into a Medicare Advantage plan or Part D plan. The proposed national agent/broker fixed compensation amount for Medicare Advantage is $642. This proposed fixed amount for Medicare Advantage compensation, compared to the existing national compensation cap of no more than $611, would eliminate the current variability in payments and improve the predictability of compensation for agents and brokers. 

Additionally, the proposed rule would generally prohibit contract terms between Medicare Advantage plan organizations and marketing middlemen, such as field marketing organizations, that result in things such as volume-based bonuses for enrollment into certain plans, which may interfere with the ability of agents or brokers to assist the enrollee in finding the plan that is best suited to their needs.

These proposed policies advance the goals of President Biden’s historic Competition Council and Executive Order signed in July 2021 by helping to ensure a robust and competitive Medicare Advantage marketplace

Improving Access to Behavioral Health Care Providers

CMS is taking steps to improve access to behavioral health care services for Medicare Advantage plan enrollees by proposing updates to network adequacy standards. The Consolidated Appropriations Act, 2023 established a new statutory Medicare benefit category for services furnished by marriage and family therapists (MFTs) and mental health counselors (MHCs). Through separate rulemaking in the Calendar Year 2024 Physician Fee Schedule final rule, Through separate rulemaking in the Calendar Year 2024 Physician Fee Schedule final rule, CMS has also finalized that addiction or drug and alcohol counselors, who otherwise meet the statutory requirements of MHCs, are able to enroll in Medicare. An estimated 400,000 MFTs and MHCs will be eligible to enroll in Medicare, and enrolled MFTs and MHCs can bill Medicare for services starting January 1, 2024. Most of these providers practice within outpatient behavioral health facilities, such as mental health centers, substance use treatment centers, and hospitals. To help ensure that people with a Medicare Advantage plan have access to behavioral health providers, including these newly enrolled providers, CMS is proposing to add a range of behavioral health providers under one category called “Outpatient Behavioral Health” as a facility-specialty for which CMS sets Medicare Advantage plan network adequacy standards. Specialists under this category will include MFTs and MHCs, Opioid Treatment Program providers, Community Mental Health Centers, addiction medicine physicians, and other providers who furnish addiction medicine and behavioral health counseling or therapy services in Medicare today. 

In addition, CMS is proposing to add this Outpatient Behavioral Health facility specialty to the list of the specialty types that will receive a 10% credit if the Medicare Advantage plan organization’s contracted network of providers includes one or more telehealth providers of that specialty type who provide additional telehealth benefits for covered services.

Mid-Year Enrollee Notification of Available Supplemental Benefits

An increasing share of Medicare dollars is going toward Medicare Advantage plan rebates that Medicare Advantage plans are using to advertise a wide array of supplemental benefits, including special supplemental benefits for chronically ill enrollees. In 2022, over 99% of Medicare Advantage plans offered at least one supplemental benefit, the median was 23 supplemental benefits, and the most frequently offered benefits were vision, hearing, fitness, and dental. Some of these benefits address unmet social determinants of health needs, such as food insecurity or inadequate access to transportation. However, at the same time, plans have reported that enrollee utilization of many of these benefits is low. To ensure the large federal investment of taxpayer dollars in these benefits is actually making its way to beneficiaries and are not primarily used as a marketing ploy, the proposed rule requires Medicare Advantage plans to engage in minimum outreach efforts so that enrollees are aware of the supplemental benefits available to them. CMS is proposing that a “Mid-Year Enrollee Notification of Unused Supplemental Benefits” be issued annually, personalized to each enrollee, that includes a list of any supplemental benefits not accessed during the first six months of the year. In addition, the notification would include the scope of the benefit, cost-sharing, instructions on how to access the benefit, any network application information for each available benefit, and a customer service number to call if additional help is needed. These policies advance the goals of President Biden’s historic Competition Council and Executive Order signed in July 2021 by helping make consumers aware of their plan benefits, facilitating better decision-making and consumer choice in the Medicare Advantage marketplace.

New Standards for Supplemental Benefits for the Chronically Ill

The Bipartisan Budget Act of 2018 introduced special supplemental benefits for the chronically ill (SSBCI), which are benefits provided to eligible chronically ill enrollees who have a reasonable expectation of improving or maintaining health or overall function. CMS proposes new requirements for Medicare Advantage plans to demonstrate, by the time they submit bids, that SSBCI items and services meet the legal threshold of having a reasonable expectation of improving the health or overall function of chronically ill enrollees and are supported by research. CMS is proposing that Medicare Advantage plans establish and maintain bibliographies of relevant research studies or other data to demonstrate that an SSBCI meets these requirements. Additionally, CMS proposes to update SSBCI marketing requirements to prevent misleading marketing related to these benefits that makes it appear that the benefits are available to everyone. These policies advance the goals of President Biden’s historic Competition Council and Executive Order signed in July 2021 by helping to ensure a robust and competitive Medicare Advantage marketplace made up of plan options with meaningful benefits.

Annual Health Equity Analysis of Utilization Management Policies and Procedures

Prior authorization policies and procedures may have a disproportionate impact on underserved populations and may delay or deny access to certain services. The proposed rule ensures that Medicare Advantage plan organizations analyze their utilization management (UM) policies and procedures from a health equity perspective. CMS is proposing updates to the composition of, and responsibilities for, the Utilization Management (UM) committee to require: 1) a member of the UM committee to have expertise in health equity, 2) the UM committee conduct an annual health equity analysis of prior authorization policies and procedures used by the Medicare Advantage plan organization, and 3) Medicare Advantage plan organizations to make the results of the analysis publicly available on their website. The goal of the health equity analysis is to create additional transparency and identify disproportionate impacts of UM policies and procedures on enrollees who receive the Part D low-income subsidy, are dually eligible, or have a disability.

Enhance Enrollees’ Rights to Appeal a Medicare Advantage Plan’s Decision to Terminate Coverage for Non-Hospital Provider Services

Currently, Medicare beneficiaries enrolled in a Medicare Advantage Plan under current regulations do not have the same access to Quality Improvement Organization (QIO) review of a fast-track appeal as Traditional Medicare beneficiaries. CMS is proposing to (1) require the QIO, instead of the Medicare Advantage Plan, to review untimely fast-track appeals of a Medicare Advantage Plan’s decision to terminate services in a skilled nursing facility, comprehensive outpatient rehabilitation facility, or by a home health agency; and (2) fully eliminate the provision requiring forfeiture of an enrollee’s right to appeal a termination of services decision when they leave the facility. These proposals would bring Medicare Advantage Plan regulations in line with the parallel reviews available to beneficiaries in Traditional Medicare and expand the rights of Medicare Advantage Plan beneficiaries to access the fast-track appeals process.

Increase the Percentage of Dually Eligible Managed Care Enrollees Who Receive Integrated Medicare and Medicaid Services 

Dually eligible individuals face a complex assortment of enrollment options. To improve the experiences and outcomes for dually eligible individuals, the proposed rule would increase the percentage of dually eligible Medicare Advantage Plan enrollees who are in plans that also cover Medicaid by offering more opportunities for enrollment in plans that integrate Medicare and Medicaid and more opportunities to switch to Traditional Medicare, as opposed to Medicare Advantage Plans that differ from the enrollee’s Medicaid plan. To achieve this, the proposed rule would revise the current quarterly special enrollment period (SEP) for dually eligible and other Part D low-income subsidy (LIS) enrolled individuals to a once-per-month SEP to enroll in a standalone prescription drug plan and create a new integrated care SEP, to allow dually eligible individuals to elect an integrated dual eligible special needs plan (D-SNP) on a monthly basis.

Increasing the percentage of dually eligible Medicare Advantage Plan enrollees who are in plans that also cover Medicaid would expand access to integrated materials, unified appeal processes across Medicare and Medicaid, and continued Medicare services during an appeal for those individuals. By reducing the number of plans that can enroll dually eligible individuals outside of the annual election period, the proposed rule would also reduce aggressive, confusing marketing tactics toward dually eligible individuals throughout the year. These policies advance the goals of President Biden’s historic Competition Council and Executive Order signed in July 2021 by promoting beneficiary choice and facilitating improved access to an array of Medicare coverage options for low-income beneficiaries.

For D-SNP PPOs, Limit Out-of-Network Cost Sharing

The proposed rule would limit out-of-network cost sharing for D-SNP preferred provider organizations (PPOs) for specific services, beginning in 2026. The proposed rule would reduce cost shifting to Medicaid, increase payments to safety net providers, expand dually eligible enrollees’ access to providers, and protect dually eligible enrollees from unaffordable costs.

Standardize the Medicare Advantage Plan Risk Adjustment Data Validation (RADV) Appeals Process

The proposed rule addresses operational constraints included in existing Risk Adjustment Data Validation (RADV) appeal regulations. CMS is proposing that Medicare Advantage Plan organizations may request only a medical record review determination appeal or payment error calculation appeal for purposes of reconsideration, and not both at the same time. CMS is proposing that Medicare Advantage Plan organizations that request a medical record review determination appeal may only request a payment error calculation appeal after the completion of the medical record review determination administrative RADV appeal process. Additionally, the proposed rule clarifies that a revised audit report containing a recalculated payment error calculation will not be issued by the Secretary at each level of appeal but instead will be issued when a medical record review determination appeal or a payment error calculation appeal is final, as applicable. Finally, the proposed rule includes a requirement that if the CMS Administrator does not decline to review or does not elect to review within 90 days of receipt of either the Medicare Advantage Plan organization’s or CMS’s timely request for review (whichever is later), the hearing officer’s decision becomes final.

Threshold for Identifying D-SNP Look-Alikes

The proposed rule would change contracting standards for D-SNP look-alikes. We adopted these contracting limitations to ensure full implementation of requirements for D-SNPs, including minimum integration standards as required under Section 1859(f)(8)(D)(i) of the Act, as added by the Bipartisan Budget Act of 2018. We are proposing to lower the D-SNP look-alike threshold from 80% to 70% in 2025 and to 60% in 2026. This proposal would help to address the continued proliferation of Medicare Advantage Plans that are serving high percentages of dually eligible individuals without meeting the requirements to be a D-SNP.

More Flexibility to More Quickly Substitute Lower Cost Biosimilar Biological Products for Their Reference Products 

We are proposing to permit Part D sponsors to treat formulary substitutions of biosimilar biological products other than interchangeable biological products for their reference products as “maintenance changes” that would not require prior approval by CMS. Under our current guidance, plans must obtain explicit approval prior to substituting with biosimilar biological products other than interchangeable biological products, and these substitutions apply only to enrollees who begin therapy after the effective date of the change—delaying enrollees’ access to cheaper options. Treating these substitutions as maintenance changes would also mean that any substitutions would apply to all enrollees (including those already taking the reference product prior to the effective date of the change) following a 30-day notice, so that enrollee access to equally effective, but potentially more affordable, options would be available sooner. Consistent with the work of the President’s Competition Council, this proposal continues the Biden-Harris Administration's commitment to promoting enhanced access to affordable biosimilar and generic products.

Source: https://www.cms.gov/newsroom/fact-sheets/contract-year-2025-policy-and-technical-changes-medicare-advantage-plan-program-medicare 

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Essential MA OEP Reminders

Posted by www.psmbrokerage.com Admin on Thu, Dec 07, 2023 @ 12:18 PM


In January, some clients who recently enrolled in new Medicare Advantage plans may contact you, expressing uncertainty about their decision. Moving from a familiar plan to an unfamiliar one can be daunting. Fortunately for your client, they're not locked into their new coverage. Shortly after the Annual Enrollment Period (AEP), beneficiaries in Medicare Advantage plans have the option to reconsider their plan choice.

Today we'll look into what options beneficiaries have, as well as a few points to consider as it relates to restrictions on marketing during this time.

As you might be aware, the Medicare Advantage Open Enrollment Period (MA OEP) is designed for two specific groups:

  • Clients who are new to Medicare and have chosen to enroll in a Medicare Advantage (MA) plan during their Initial Coverage Election Period (ICEP). These beneficiaries are granted a three-month OEP, which initiates in the same month they become eligible for both Part A and B of Medicare.
  • Clients who have already enrolled in MA plans starting on January ,. For these clients, an OEP is available from January 1 to March 31.

This means that clients who contact you in January, expressing dissatisfaction with their new plan, have the opportunity to make a one-time switch in their coverage. So, what alternatives do they have?

Keep in mind that Part D changes during the MA 0EP are tied to MA plan changes. Clients can modify their drug coverage by switching to a different MAPD plan, transitioning from MA to MAPD, or returning to Original Medicare with a standalone Part D plan. However, if someone has Original Medicare with a Part D plan, they cannot switch to a different drug plan during the MA 0EP; they must wait for a Special Enrollment Period (SEP) or the next Annual Enrollment Period (AEP).

Restrictions on Marketing

One major point to consider is the restriction on marketing during the MA OEP window. 

Agents cannot knowingly target or send unsolicited marketing materials to MA or Part D enrollees during the MA OEP 0anuary 1 to March 31). It's important to note that "knowingly" takes into account the intended recipient as well as the content of the message.

SureBridge Dental PlansUnderstanding these rules is crucial for anyone working with Medicare beneficiaries, especially insurance agents and healthcare advisors, to ensure compliance and provide accurate guidance.

After the Annual Enrollment Period (AEP), there are several effective sales strategies you can employ to maintain momentum and continue growing your business.

Check out a summary of ideas here.

Newest Blog Posts  |  All Blog Posts


Tags: Medicare Advantage plans, OEP, Compliance

Maintain Momentum and Continue Growing After AEP

Posted by www.psmbrokerage.com Admin on Thu, Dec 07, 2023 @ 10:18 AM

After AEP

After the Annual Enrollment Period (AEP), there are several effective sales strategies you can employ to maintain momentum and continue growing your business:

Follow-Up with Prospects and Clients: Reach out to those who didn't make a decision during AEP. They might be more receptive now that the rush has subsided.

Review and Cross-Sell: Analyze your current client base for cross-selling opportunities. Offer complementary products like life insurance, dental, vision & hearing plans, or discuss long-term care insurance.

Educational Workshops and Seminars: Host events focused on educating seniors about health and wellness, financial planning, or other relevant topics. This can position you as a trusted advisor.

Referral Programs: Encourage satisfied clients to refer friends or family members. Offer incentives for referrals that lead to new business.

image-png-Sep-28-2023-09-51-59-7509-PMCommunity Involvement: Get involved in local senior communities or centers. Sponsor events or volunteer, which can help build recognition and trust.

Digital Marketing: Utilize email campaigns, social media, and a robust website to keep your audience engaged and informed about their options outside of AEP.

Personalized Communications: Send out personalized birthday cards, holiday greetings, or newsletters to stay in touch with clients and prospects.

Client Reviews and Feedback: Schedule reviews with existing clients to discuss their current plans and any changes in their needs or circumstances.

Networking: Attend industry events, join local business groups, or collaborate with other professionals (like financial planners or healthcare providers) to expand your network.

Health and Wellness Programs: Partner with local gyms, nutritionists, or health coaches to offer wellness programs, adding value to your clients’ lives beyond insurance products.

Voya AnNUITIESBy focusing on these strategies, you can effectively engage with your clients and prospects, ensuring a steady business flow even outside of the high-intensity AEP window.

Additional Resources:

Guide to Understanding Medicare Advantage & Medicare Drug Plan Enrollment Periods.

You can download the guide here.

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F&G’s Performance Pro® 10 offers a winning combination

Posted by www.psmbrokerage.com Admin on Tue, Nov 14, 2023 @ 02:23 PM

fg updates

What's the name of the premium bonus annuity game?

(Hint: Less can be more)

For clients who buy an annuity with a premium bonus, the name of the game is “net” – how many dollars will they net after any fees? At first glance, it seems that a higher premium bonus is the best choice. But… not so fast!

It can be tricky to figure out net when considering the impact of a premium bonus. But, let's see how F&G compares to a competitor.

When fees are subtracted from the premium bonuses, the net result is:

Review Flyer

The premium bonus is calculated based on the first year premium and vests according to a vesting schedule over the duration of the surrender period. 

This data is taken from publicly available information and believed to be current as of June 30, 2023.

F&G’s Performance Pro® 10 offers a winning combination

Performance Pro, a fixed indexed annuity, gives clients a 15% premium bonus + low fees (just .10%/year), compared to fees of as much as .95% a year from competitors. Quite a difference!

When you do the math, Performance Pro may be the best option for your clients who want to maximize the impact of their bonus on their future retirement income.

To see the math and get a simple comparison flyer that shows your clients how Performance Pro can net them more, download our
Less is More flyer.

Questions? Request details here or call 800.998.7715

For financial professional use only. Not for use with the general public.

“F&G” is the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the United States outside of New York. Life insurance and annuities issued by Fidelity & Guaranty Life Insurance Company, Des Moines, IA.

Guarantees are based on the claims paying ability of the issuing insurer, Fidelity & Guaranty Life Insurance Company, Des Moines, IA.

This hypothetical example is non-guaranteed and is not an indication of the policy’s and/or interest crediting option’s past or future performance.

This is a fixed deferred indexed annuity providing minimum guaranteed surrender values. You should understand how the minimum guaranteed surrender values are determined and the product features used to determine the values. Even though contract values may be affected by external indexes, the contract annuity is not an investment in the stock market and does not participate in any stock, bond or equity investments.

Surrender charges and market value adjustment (MVA) may apply to partial and full surrenders. Surrenders may be taxable and may be subject to penalties prior to age 59 ½.

An additional bonus interest rate is paid on this contract. Annuities that offer bonus interest features may have higher fees and charges, longer surrender charge periods, lower credited interest rates and/or lower cap rates than annuities that do not provide the bonus feature.


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Elevate your business with PSM

Posted by www.psmbrokerage.com Admin on Thu, Nov 02, 2023 @ 01:34 PM

PSM Elevate

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Tags: Leads, CMS, Insurance Marketing, Enrollment Tools, Rewards Program, Guide, Resources

Looking for the industry's best MYGA rates?

Posted by www.psmbrokerage.com Admin on Thu, Nov 02, 2023 @ 01:33 PM

MYGA Rates

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Tags: Annuities, MYGA

Benefits of Taking Your Medicare Business Digital

Posted by www.psmbrokerage.com Admin on Thu, Nov 02, 2023 @ 01:33 PM


Selling Medicare insurance online offers a host of compelling advantages for both insurance agents and seniors alike. The digital platform provides a broader reach, allowing agents to connect with potential clients regardless of geographical boundaries.

This convenience extends to seniors, who can explore Medicare plans, compare options, and even enroll from the comfort of their homes, eliminating the need for in-person visits. The 24/7 availability of online resources ensures that information is accessible at any time, accommodating different schedules.

Additionally, the efficiency of online operations reduces overhead costs and paperwork, allowing agents to allocate resources more effectively. Through data-driven strategies, agents can deliver personalized recommendations based on clients' needs, enhancing their experience.

With real-time communication, rapid updates, and scalability, selling Medicare insurance online not only streamlines the enrollment process but also provides a dynamic and tailored approach that aligns with the digital age, benefiting agents and seniors alike.

Welcome to a NEW ERA in Medicare enrollment.

PSM has teamed up with SunFire to bring you a revolutionary new tool to write more Medicare business. With our all-inclusive platform, you can sell Medicare plans on your terms. Offer top carriers, receive the best commissions, all with industry-recognized service and support.

SunFire Enrollment Center-2

View our Medicare Solutions portfolio today:

Medicare Supplement Plans  |   Medicare Advantage Plans   |   Part D Prescription Plans

Discover an unparalleled array of valuable resources tailored exclusively for insurance agents serving the senior market. From personalized marketing materials to interactive sales strategies, our goal is to empower agents with the latest tools, technology and mentorship to achieve new levels of success. View Resources.

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Tags: Medicare Advantage plans, medicare supplement insurance, Marketing, Best Practices

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