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Medicare Blog | Medicare News | Medicare Information

Cigna to sell Medicare Advantage plans to Blue Cross Blue Shield insurer for $3.3 billion

Posted by www.psmbrokerage.com Admin on Thu, Feb 01, 2024 @ 03:53 PM

cigna news

Cigna is officially exiting the Medicare business, agreeing to sell all of its Medicare insurance plans to Health Care Service Corp., a large Blue Cross Blue Shield insurer, for $3.3 billion. Read more here.

A message to brokers from Cigna can be found here.

 

Tags: Cigna, Medicare Advantage

Cigna PDP 2024 AEP Kickoff

Posted by www.psmbrokerage.com Admin on Wed, Oct 04, 2023 @ 03:17 PM

Cigna PDP Kick off

Cigna Healthcare will start paying commissions on Medicare Prescription Drug Plans (PDP) starting in AEP 2024!

Here are some of the items covered in the Cigna PDP AEP Kick-Off presentation:

  • Contracting
  • Agent Support
  • National Broker Strategy
  • Local Broker Strategy
  • Training
  • Enrollment Kits
  • Sales Support
  • Commissions

  Request Presentation Deck or call us at (800) 998-7715

  Need supplies? Ordering instructions available here

With the launch of Cigna's fully commissionable PDP products, brokers will be in the best position to support their clients. With this enablement, you can meet your customers’ specific needs by presenting any combination of Cigna MACigna PDPCigna Med Supp, and other Cigna Supplemental Health and Life (SHL) products.

 



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Tags: Cigna, PDP

Important Cigna PDP Update: Commissionable PDP in AEP 2024

Posted by www.psmbrokerage.com Admin on Thu, Jul 06, 2023 @ 04:16 PM

Tags: Cigna, Medicare Part D

Cigna Medicare Advantage 2024 First Look

Posted by www.psmbrokerage.com Admin on Fri, Jun 30, 2023 @ 12:38 PM

Cigna 2024 First Looks-2

We are happy to share Cigna’s 2024 First Look is now available.

Some highlights:

  • Cigna is still on track to achieve their goal of having plans available to at least 50% of the addressable Medicare Beneficiary market by 2025.
    • Cigna will be at 45% for 2024
  • 1 new State – Nevada
  • 25 new MA counties
  • 72 new DSNP counties
  • 8 new CSNP counties
  • Add of course, a commissionable PDP for 2024

Call us for details: 800-998-7715

Now appointed with Cigna Medicare Advantage? Request details here.



The AEP is right around the corner and there are some exciting opportunities on the horizon for 2024. Get prepared early to ensure a successful Annual Enrollment Period. We are here to help!

Resources:

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Tags: Cigna, Medicare Advantage, First Looks, 2024

New Portfolio Additions: Zing Health and Lasso Healthcare

Posted by www.psmbrokerage.com Admin on Mon, May 15, 2023 @ 03:30 PM

lasso zing


We are happy to introduce Zing Health and Lasso Healthcare to our powerful lineup of Medicare Advantage options. 

Who is Zing Health?

download-1

Zing Health was founded in 2019 to address inadequacies in the healthcare system by creating collaborative, community-based Medicare Advantage plans.

In 2020, Zing Health served Medicare beneficiaries in Cook County, Illinois, and in 2021 expanded to additional counties in Illinois, Michigan, and Indiana. In 2022, Zing Health will begin serving additional counties in Illinois and offering new plan types as well as enhancements to existing plans.

If you are interested in representing Zing Health Medicare Advantage plans, please request details here.

Why Lasso Healthcare?

lasso-1

With additional tax-advantages, the MSA has unique features not typically found in Medicare. It’s time to partner with Lasso Healthcare and offer a different type of Medicare Advantage plan!

What is the Lasso Healthcare MSA: A high-deductible health plan paired with a tax-advantaged savings account.

If you are interested in representing Lasso Healthcare Medicare Advantage plans, please request details here.

We take pride in providing our agents with high quality senior insurance products that bring a sense of security and peace of mind to the nation's exploding senior population. Our experienced insurance marketing team provides our agents with a robust product portfolio, game-changing technology and unrivaled support.

 

Tags: Cigna, Medicare Advantage

Cigna: Value-Based Enrollment (VBE) Updates

Posted by www.psmbrokerage.com Admin on Mon, May 15, 2023 @ 11:54 AM

cigna vbe


At Cigna Healthcare, we believe in the primary care provider (PCP) and patient relationship. That’s why our model of care is PCP-focused, regardless of product. We know this model of care drives better health outcomes and increases customer satisfaction.

With that in mind, we are making a change in how our brokers earn payments through our VBE digital application program. This change applies to June 1 effectives and beyond.

Brokers can still earn up to $50 per electronic application (app), but they will need to include a valid in-network PCP and/or the customer’s email address to receive payment. We will no longer pay brokers $20 for the electronic app submission itself. Instead, we are increasing the payments for collecting the valid PCP and email information.

New VBE payment amounts
Applies to June 1 effectives and beyond

Brokers can earn up to $50 per approved digital application for new Cigna Healthcare Medicare Advantage (MA) customers and voluntary MA customer plan changes.

  • $30 if the digital app includes a valid in-network PCP
  • $20 if the digital app has a valid customer email address

How this benefits the broker

When a broker captures the PCP and email address at the time of enrollment, they give us the information we need to provide better care to the customer.

Better care leads to happier, healthier customers who are more likely to stay with Cigna Healthcare. That means brokers can focus on new customer growth rather than book maintenance.

So, in addition to the immediate monetary reward (i.e., VBE payments), they will also benefit from our higher retention rate and net promoter score (NPS).

 

Tags: Cigna, Medicare Advantage

Important Cigna PDP Commissions Update

Posted by www.psmbrokerage.com Admin on Thu, May 04, 2023 @ 02:47 PM

Tags: Cigna, Medicare Part D

Cigna Medicare Commissionable PDP approved

Posted by www.psmbrokerage.com Admin on Thu, Mar 02, 2023 @ 10:38 AM

Tags: Cigna, Medicare Part D

Cigna Brokers can earn an additional $50 per enrollment

Posted by www.psmbrokerage.com Admin on Thu, Sep 29, 2022 @ 02:36 PM

Tags: Cigna, Medicare Advantage

Cigna 2023 Medicare Certification Details

Posted by www.psmbrokerage.com Admin on Thu, Jun 02, 2022 @ 04:17 PM

Tags: Cigna, certification, 2023

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