<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=302779086974399&amp;ev=PageView&amp;noscript=1"> Medicare Blog | Medicare News | Medicare Information

Medicare Blog | Medicare News | Medicare Information

www.psmbrokerage.com Admin

Recent Posts

Unlock New Opportunities with DSNP Plans

Posted by www.psmbrokerage.com Admin on Wed, Apr 17, 2024 @ 10:14 AM

Guide to Selling DSNP Plans

Download our helpful guide to deepen your understanding of selling Dual Special Needs Plans to seniors. This essential resource is tailored to help agents like you navigate the complexities of these plans, highlighting key strategies for effectively reaching and serving the senior demographic.

Whether you're new to this segment of Medicare or looking to refine your approach, our guide provides valuable insights and practical tips to enhance your sales techniques and improve client engagement. 

The Breakdown:

  • What is a Dual Eligible Special Needs Plan?
  • Who Qualifies for D-SNP?
  • What are the Related Medicaid Eligibility Categories?
  • D-SNP Type Definitions
  • D-SNP Enrollment
  • Where to Find D-SNP Prospects
  • What is the D-SNP Disclaimer?
  • Is the D-SNP Market Right for Me?

Tap Into the Underserved Dual Eligible Market Today.

Equip yourself with the knowledge needed to excel in this niche market and make a meaningful impact on the lives of seniors by accessing our guide now.

Newest Blog Posts  |  All Blog Posts

For agent/broker use only. 


Tags: Medicare Advantage, DSNP, Guide

Guide to Scaling Your Medicare Business

Posted by www.psmbrokerage.com Admin on Wed, Apr 17, 2024 @ 10:13 AM

Scale your medicare business-2

This resource is packed with actionable insights and proven strategies, covering everything from Cash flow, Cost per acquisition (CPA), Lifetime value (LTV) and more.

With PSM Brokerage's expert advice and support, agents are well-equipped to take their operations to the next level.

Aimed at empowering agents to expand their reach and increase their impact in the competitive Medicare market, this guide is an essential tool for any agent looking to grow their business and maximize their success

Newest Blog Posts  |  All Blog Posts

For agent/broker use only. 


Tags: Medicare Advantage, Medicare Supplement, Insurance Marketing, Digital Marketing, Agency Building

Join PSM Brokerage and Elevate Your Career as an Independent Agent!

Posted by www.psmbrokerage.com Admin on Wed, Apr 17, 2024 @ 10:09 AM


Join PSM Brokerage now to offer a robust portfolio of Medicare Plans, Life Insurance and Annuities and leverage the expanding market demand.

If your sales skills are top-notch and you have a focused, goal-driven mindset, you're precisely the partner we're seeking. We provide robust leadership, advanced sales tools, effective sales strategies, dedicated training, outstanding mentorship, and beyond.

2-Apr-01-2024-05-54-23-0374-PMWorking with PSM Brokerage (PSM) offers a unique opportunity for insurance agents focusing on the senior market.

As a reputable FMO, we provide:

  • Unparalleled access to a wide range of products, including Medicare Advantage, Medicare Supplements, and other senior-focused insurance plans from leading carriers.
  • A comprehensive support system, which includes personalized training and mentoring that empowers agents to excel and grow in their careers.
  • Direct commission payments from carriers, ensuring that agents are rewarded promptly for their hard work.
  • Ownership of your book of business, allowing for long-term client relationships and sustained growth.
  • Added perks such as exclusive access to cutting-edge quoting and enrollment tools, discounted leads, free marketing services, and website development.
  • Agency building support as well as succession planning ideas, and exit strategies.

Joining forces with PSM Brokerage means becoming a vital part of a collaborative and thriving community of agents. This unique community is deeply committed to mutual support, sharing knowledge, and fostering an environment where everyone can excel.


Our Mission:

We nurture, educate, and assist our agents in every way possible. We are relentless in our dedication to bring value and go above and beyond expectations. We provide best-in-class service and do it with a smile. We conduct ourselves with integrity and honesty.

We develop a culture of success with team members and agents to inspire them to reach their full potential. We will create an environment that serves our goals using honesty, humor, and humility.

We are the home for high-producing agents and high-value agencies. The fruits of our hard work are visible daily as we continue to grow and attract higher production and lasting relationships.


If you're an agent interested in taking your career to the next level and eager to thrive, we want to hear from you. PSM Brokerage is committed to empowering agents with the tools, training, and community support needed to succeed. We offer a collaborative environment where your growth is our priority, backed by a suite of resources designed to maximize your potential.

Contact us today to explore how we can work together to achieve your goals and make a meaningful impact. Reach out to become part of a team where success is shared, and every agent is valued.


PSM Brokerage was founded in 2006, in Austin, Texas. In the intervening time with almost two decades of experience, PSM has grown to a nationwide footprint, with a mission to empower agents to honestly and ethically help people live longer, healthier and more financially secure lives.

Newest Blog Posts  |  All Blog Posts
   For Agent Use Only. Not for the general public.


Tags: Annuities, Medicare Advantage, Medicare Supplement, New Business Opportunities, Life Insurance

Allstate Final Expense Highlights

Posted by www.psmbrokerage.com Admin on Tue, Apr 16, 2024 @ 03:35 PM


When your customer chooses Final Expense, they reduce the potential financial impact of their death on loved ones. This plan pays the total cash benefit to their beneficiaries to use any way they need, such as for funeral costs, credit card debt, or medical expenses. There’s more to Final Expense than a cash benefit on a policyholder’s passing, so check out the value it can offer your customers.

Not appointed with Allstate? Request details here.


  • Easy to apply. Electronic applications with instant decision available. No medical tests or exams are required, and some benefits begin as early as day one.
  • Once they sign up, the premium is the same for the life of the policy.
  • Policyholders can sync up their premiums to be due the same day they receive their Social Security deposit.
  • While the policy is in force, policyholders  can take a loan against the cash value of  this policy. After the first year of premiums, they earn a percentage of that back as cash value. As cash value grows, they can take out a loan over the course of a few years.

Plan Features


  • Optional covered dependent term life benefit rider is available.
  • Optional 100% additional death benefit rider available, potentially doubling the death benefit.

 allstate logoEligibility

  Available for ages 50-80.
  Availability varies by state.
Allstate Identity Protection (AIP) 
This benefit is included with all Final Expense policies at no extra cost.
Learn more about AIP.

Quoting and enrolling - Log in to Agent Back Office at ngahagents.ngic.com to start your quoting process. If you are unable to quote online, call your sales team for assistance.

Please note: Anti-money laundering training is required for all agents to sell this product. Please read the Allstate Health Solutions Anti-Money Laundering Communication document on Agent Back Office before you start selling Final Expense.

THIS PLAN PROVIDES LIMITED BENEFITS. For agent use only. Not to be distributed to consumers. Allstate Health Solutions markets products underwritten by National Health Insurance Company, Integon National Insurance Company, and Integon Indemnity Corporation.

AHS_FE_1569 (02/2024) © 2024 Allstate Insurance Company. allstate.com or allstatehealth.com

Newest Blog Posts  |  All Blog Posts

For Agent Use Only


Tags: Final Expense, Allstate

Empower Your Business with the PSM Brokerage Marketing Hub

Posted by www.psmbrokerage.com Admin on Tue, Apr 16, 2024 @ 03:04 PM

PSM Brokerage Marketing Hub

PSM Marketing Hub GuideLet's put you on the map

The PSM Marketing Hub is your gateway to a carefully crafted and compliant collection of premium, easy-to-use marketing templates designed by our marketing team with your needs in mind.

Discover marketing that’s not just accessible but intuitive. With the PSM Marketing Hub, you're equipped with everything you need to capture attention, foster relationships, and grow your business. Exclusively for PSM Brokerage agents, these resources are crafted to help you shine.

Newest Blog Posts  |  All Blog Posts

For agent/broker use only. 


Tags: Insurance Marketing, Digital Marketing, PSM Marketing Hub

Royal Neighbors Single Premium Whole Life (SPWL)

Posted by www.psmbrokerage.com Admin on Tue, Apr 16, 2024 @ 03:04 PM

Royal NeighborsRoyal Neighbors of America’s Single Premium Whole Life (SPWL) is a product that offers a simple concept for positioning the value of life insurance in a wealth transfer sale. By purchasing SPWL, your clients can increase the amount they leave to their loved ones.

May be suitable for a client where:

  • There is a need for life insurance.
  • The client has lump sum available.
  • The client has established an additional emergency fund.
  • Funds have been earmarked for the purpose of transferring wealth to beneficiaries.
  • The client is looking to maximize her/his legacy.

Financial needs met by the product:

  • Permanent life insurance with a guaranteed death benefit
  • Wealth transfer
  • A way to increase the funds your clients leave to their beneficiary

Target market:

  • Clients ages 45–80 who are looking for a way to protect their life through insurance while maximizing the legacy they leave their loved ones
Product Features Benefits
Wealth transfer Maximizes the amount your clients leave to their named beneficiaries
Guaranteed cash value and death benefit It is a guaranteed product
One premium payment Convenient for clients
Accelerated Death Benefit Rider for Critical, Chronic and Terminal Illness Owners can access a portion of the death benefit in the event of a
qualifying illness
Loan against certificate cash value available Owners can access cash value in an emergency
Underwriting based on Net Amount at Risk
(NAR = Face Amount – Single Premium Payment)
Simplified underwriting process at specified NAR levels

#1 Riders not available in all states. See also the “Available Rider” section.

Call today for details: (800) 998-7715

Newest Blog Posts  |  All Blog Posts

For Agent Use Only


2025 Devoted Health Expansion Opportunities

Posted by www.psmbrokerage.com Admin on Tue, Apr 16, 2024 @ 03:03 PM

PSM is proud to spotlight Devoted Health Medicare Advantage Plans

We are delighted to promote our partnership with Devoted Health, making their highly coveted Medicare Advantage plans available in newly expanded regions. This presents a prime opportunity for you to join a successful team and propel your career in the Medicare industry to new heights!

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

As Devoted Health broadens its reach to include Arkansas, Georgia, Indiana, Kentucky, Missouri, Mississippi, Washington, and Wisconsin, this is the perfect opportunity to expand your client base and enhance your earning possibilities like never before.

Sign up with PSM Brokerage today and begin providing the industry's most rapidly expanding Medicare Advantage plans. Take advantage of this chance to join a successful team and elevate your business!

Newest Blog Posts  |  All Blog Posts

For agent/broker use only. 


Tags: Medicare Advantage, Devoted Health, expansion areas

Introducing Allstate Final Expense Plans

Posted by www.psmbrokerage.com Admin on Mon, Apr 15, 2024 @ 12:30 PM

Allstate Final Expense Introducing Final Expense
A new life product from Allstate Health Solutions

This new plan helps your customers take control of their end-of-life expenses. The total cash benefit is paid to their beneficiary, and they can use it any way they see fit. 

Final Expense offers two plan levels: Graded1 and Level. Plans offer customers the ability to choose their own benefit level in $1,000 increments.

Please note:
It is highly encouraged to read the Allstate Health Solutions Anti-Money Laundering Communication document before you start selling Final Expense

Newest Blog Posts  |  All Blog Posts

For Agent Use Only


1. Graded plans have no accelerated death or covered dependent term-life benefits. Non-accidental death benefits pay 30% in the first year, 60% in the second year, and 100% from the third year onward for non-accidental deaths.

Allstate Health Solutions is a marketing name for products underwritten by National Health Insurance Company, Integon National Insurance Company, Integon Indemnity Corporation, and American Heritage Life Insurance Company.

AHS FE 1353 (3/2024)


Tags: Final Expense, Allstate

NABIP Professional Development Day recap

Posted by www.psmbrokerage.com Admin on Fri, Apr 12, 2024 @ 01:52 PM


PSM was a proud sponsor at this years NABIP Austin - Professional Development Day.

PSM Brokerage recently sponsored and participated in the NABIP Professional Development Day, an event that offers substantial benefits for agents, agencies, and organizations within the insurance industry.

The event provided a valuable platform for licensed agents and NABIP members to advance their skills and knowledge through ongoing learning and collaboration, enhancing career growth and boosting industry competence and productivity.

We are immensely proud to be part of this collective effort and look forward to continued participation in future events. Thank you to all who participated!


About NABIP - Austin Chapter

NABIP Austin - Home Page

NABIP Austin (formerly known as Austin Association of Health Underwriters) is a local chapter of the National Association of Benefits and Insurance Professionals,( https://nabip.org/) and NABIP-TX  (https://tahu.org/) a volunteer member organization that represents nearly 20,000 licensed health insurance agents, brokers, consultants, and benefit professionals from 200+ chapters across America. 

For questions on membership please contact:  Caleb Reynolds, Membership Chair -  Membership@austinahu.org

For questions on Media Relations please contact:  Devin Jackson, Media Relation Chairmediarelations@austinahu.org

Or for general questions, President - Holley Ford  president@austinahu.org

Newest Blog Posts  |  All Blog Posts

For Agent Use Only. Not for the general public. Products are not available in all states.



CMS: Contract Year 2025 Medicare Advantage and Part D Final Rule (CMS-4205-F)

Posted by www.psmbrokerage.com Admin on Fri, Apr 12, 2024 @ 09:08 AM

CMS Final Rule - 4205-F


On April 4, 2024, the Centers for Medicare & Medicaid Services (CMS) issued a final rule that revises the Medicare Advantage Program, Medicare Prescription Drug Benefit Program (Medicare Part D), Medicare Cost Plan Program, Programs of All-Inclusive Care for the Elderly (PACE), and Health Information Technology Standards and Implementation Specifications.

Additionally, this final rule addresses several key provisions that remain from the CY 2024 Medicare Advantage and Part D proposed rule, CMS-4201-P, published on December 14, 2022. Together, the changes in this final rule build on existing Biden-Harris Administration policies to strengthen protections and guardrails, promote healthy competition, and ensure Medicare Advantage and Part D plans best meet the needs of enrollees. In addition, these policies promote access to behavioral health care providers, promote equity in coverage, and improve supplemental benefits. 

This fact sheet discusses the major provisions of the 2025 final rule which can be downloaded here: https://www.federalregister.gov/public-inspection/2024-07105/medicare-program-medicare-advantage-and-the-medicare-prescription-drug-benefit-program-for-contract

Many individuals with Medicare rely on agents and brokers to help navigate complex Medicare choices as they comparison shop for coverage options. The Medicare statute requires that CMS must establish guidelines to ensure that the use of compensation creates incentives for agents and brokers to enroll individuals in the Medicare Advantage or Part D plan intended to best meet the prospective enrollee’s health care needs. However, excessive compensation, and other bonus arrangements, offered by plans to agents and brokers can result in individuals being steered to some Medicare Advantage and Part D plans over others based on the agent or broker’s financial interests, rather than the prospective enrollee’s health care needs. 

CMS is cracking down on that. Specifically, CMS is finalizing requirements that redefine “compensation” to set a clear, fixed amount that agents and brokers can be paid regardless of the plan the individual enrolls in, addressing loopholes that result in commissions above this amount that create anti-competitive and anti-consumer steering incentives. The provisions of this final rule, which are applicable beginning with the upcoming Annual Enrollment Period, ensure that agent and broker compensation reflect 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 an individual into a Medicare Advantage or Part D plan.

In response to feedback from stakeholders, CMS is increasing the final national agent/broker fixed compensation amount for initial enrollments into a Medicare Advantage or Part D plan by $100, which is an amount higher than what was proposed ($31). CMS believes this increase will provide agents and brokers with sufficient funds to serve individuals with Medicare. This increase will eliminate variability in payments and improve the predictability of compensation for agents and brokers. This increase will be added to agent and broker compensation payments for the Annual Election Period in Fall 2024 and applied to all enrollments effective in CY2025 and future contract years. 

Additionally, the final rule generally prohibits contract terms between Medicare Advantage organizations/Part D sponsors and middleman Third Party Marketing Organizations (TPMOs), such as field marketing organizations, which may directly or indirectly create an incentive to inhibit an agent or broker’s ability to objectively assess and recommend the plan that is best suited to a potential enrollee’s needs. In the final rule, CMS provides several examples of contract terms that will be impermissible under this prohibition, including provisions offering volume-based bonuses for enrollment into certain plans.

These final 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.


Tags: Medicare Advantage, CMS

    Join thousands of insurance agents who receive weekly news updates and original articles.

    Like Precision Senior Marketing on Facebook!

    Follow Precision Senior Marketing on Twitter!

    Most Popular Posts