All these factors show a positive outlook for the Medicare Supplement market in the upcoming years. If you are considering getting into the senior market – now is the time! With 10,000 seniors becoming eligible every day the market is booming with no signs of slowing down. Please give us your feedback! What do you think of CSG Actuarial's findings? Have you seen an increase in your Med Supp business as well?
Source: CSG Actuarial |
||
Additional Updates: | ||
|
Medicare Blog | Medicare News | Medicare Information
Tags: Medicare Supplement, Medicare News, insurance news, industry news, Stonebridge Medicare Supplement, Medicare Solutions
The study also showed that enrollment in Medigap is stable with 49% of those polled having maintained the same coverage for the past five years, and an additional 20% purchased for the first time during the five year period. Of those polled, 39% transferred from their Employer-sponsored coverage when they became eligible, and 34% switched from another form of coverage. Please give us your feedback! Have you seen an increase in client satisfaction? What percent of your clients have maintained the same policy for 5 years? Is that as common as the survey results make it seem? Source: ProtectMedigap.org |
||
Additional Updates: | ||
|
Tags: Medicare News, senior insurance market news, health insurance industry, insurance news, Heartland National Medicare Supplement, Combined Insurance Medicare Supplement
Lookin for Medicare Supplement coverage? Get a Medigap quote. Please give us your feedback! Source: Mark Farrah Associates |
||
Additional Updates: | ||
|
Tags: Medicare Supplement, insurance news, Medicare Sales, Gerber Life Medicare Supplement, Baby Boomers
Please give us your feedback! Source: LifeHealthPro |
||
Additional Updates: | ||
|
Tags: United Healthcare Medicare Supplement, senior market news, health insurance news, insurance news, industry news, Gerber Life Medicare Supplement
Medicare is a growth-driven market due to the demographic shifts in the United States. With all of the agents needed to serve these seniors and the ability to reach infinite numbers online, the senior insurance market has many opportunities ahead. We at Precision Senior Marketing are dedicated to providing you with the best Med Supp products and Med Supp sales techniques to get the edge on the competition. Feel free to contact us directly at 800-998-7715 for more information. Please give us your feedback! Source: LifeHealthPro |
||
Additional Updates: | ||
|
Tags: MedAmerica Transitions, senior market news, Medicare Advantage, Medicare Supplement, health insurance news, insurance news, Gerber Life Medicare Supplement
Please give us your feedback! Source: Insure Me |
Additional Updates: |
|
Tags: Sales Tips, Success Tips, Customer Retention, Quality Management, insurance news, Creating Value, Customer Service
How the Recession is Changing the Agent’s Role
Posted by Lauren Hidalgo on Fri, Mar 25, 2011 @ 08:45 AM
Please give us your feedback! Source: Agent's Sales Journal |
Additional Updates: |
|
Tags: Medicare Supplement, health insurance industry, insurance news, industry news, Mutual of Omaha Medicare Supplement, United of Omaha Medicare Supplement
Impact of new MLR Requirements on Underage Health Market
Posted by Lauren Hidalgo on Fri, Mar 18, 2011 @ 12:44 PM
Under the new MLR provision, health insurers are now required to spend at least 85% of large group and 80% of individual and small group revenue on quality improvement in health care with the other going toward administrative costs. This will affect nearly 470,000 health insurance agents and cut nearly 50% of broker’s pay. The task force is focused on making sure that the MLR is not going to cause problems that critics have warned about, including smaller companies going out of business, extreme cuts in agent commissions, and reduced service and support to consumers. Please give us your feedback! Sources: National Underwriter, Employee Benefit Adviser, National Association of Health Underwriting, National Association of Insurance Commissioners |
Additional Updates: |
|
Tags: Assured Life Medicare Supplement, insurance news, Woodmen of the World Medicare Supplement, health care reform, industry news, Mutual of Omaha Medicare Supplement
Obama: Help Improve Health Care Law and Move Forward
Posted by Lauren Hidalgo on Fri, Jan 28, 2011 @ 09:48 AM
Tags: senior market news, Medicare, Medicare Discussion, insurance news, health care reform
Under-Age Agents Affected by Health Care Reform
Posted by Lauren Hidalgo on Fri, Jan 14, 2011 @ 09:32 AM
If you also work in the under-age market, have these lower commissions already affected you? Do you believe the result of MLR will be a drastic decline in service or do you think things will level off quickly, like with the travel industry? Low Clearance by Mike Keefe
Has the influx of Boomers helped your Medicare Supplement business? How are you preparing for the boost in those interested in Medicare Supplements? Medicare "Wellness Visit" Check ListAs of the first of 2011 Medicare beneficiaries are able to go to one “wellness visit” a year completely covered by Medicare. This new part of the health care law reflects that medicine needs to focus on prevention rather than waiting until the patient is sick. Dr. Eddie Phillips, director of the Institute of Lifestyle Medicine at Spaulding Rehabilitation Hospital, has outlined what patients can expect at their wellness visit this year. First, the doctor will conduct a screening of a patient’s cognitive skills, depression, and risk of falling. They will develop a Personalized Prevention Plan talking about your diet, exercise, vaccinations, sleep, and stress; and, work to coordinate all of you caregivers. Also, you can choose to have a voluntary discussion of your end-of-life choices, getting a plan in place and having your wishes known. Dr. Phillips hopes this wellness visit will help people make lifestyle choices that will positively affect their health and health care costs. What do you think of the new “wellness visit” provided by Medicare? Have either you or one of your clients partaken of yours this year? Was it a valuable benefit? Foresters Prepared Accident Death Term Life InsuranceForesters Prepared offers up to $300,000 in coverage with no medical exam and only a few health/lifestyle questions. It also offers extra-cost riders for disability income (accident only), waiver of premium (accident only) and return of premium. Contact PSM or call us 1-800-998-7715 to request information.Woodmen of the World/Assured Life MADP Guidelines and Iowa Rate Increase NotificationNew Medicare Advantage Disenrollment Period (MADP): MA members are allowed to make one change during this period of January 1, 2011 to February 14, 2011 with an effective date of disenrollment after January 1, 2011.Effective March 1, 2011 please see the rate increase notification for Iowa.
Sources: KHN, Politico, The Denver Post, CommonHealth |
Tags: Foresters, Medicare Supplement, Senior Market, senior insurance market news, health insurance industry, insurance news, Woodmen of the World Medicare Supplement, Medicare Advice