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Aetna Hospital Indemnity Coming to YourMedicare
Here’s what you need to know
Welcome to a new era in Medicare enrollment. PSM has teamed up with YourMedicare ℠ 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. Helpful Resources:
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Tags: Online Enrollment, medicare enrollment, YourMedicare, SunFireMatrix
Introducing Oscar Medicare Advantage Plans Oscar is the first health insurance company built around a full stack technology platform and a relentless focus on serving their members.Powered by their own differentiated full stack technology platform, Oscar has built a suite of services that enable them to earn members’ trust, leverage the power of personalized data, and help our members find quality care they can afford. They are proud to have earned industry-leading levels of trust, engagement, and customer satisfaction from the approximately 529,000 members who have chosen Oscar.
 Why Sell Oscar Medicare Advantage Plans?With competitive product offerings, progressive technology, PSM is a national Field Marketing Organization for Oscar and we are proud to represent their distinguished brand to our independent agents. Complete the request form to find out more Request Product details and contracting here. |
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Health Risk Assessments Now Available Sunfire is excited to announce the facilitation of Health Risk Assessments.How it works
Upon submitting an enrollment, An Agent will now see a button to "Start HRA" on the success page. See below screenshot example.  Sunfire HRA's are currently in Phase 1, with Phase 2 soon to follow. Phase 1 Carriers:
   Sunfire provides the framework to complete HRA's following a submission, and the button will direct the agent to an external link where they can complete the respective form.
Phase 2 Carriers:
 The HRA button within Sunfire launches their native, integrated form.
Welcome to a new era in Medicare enrollment. PSM has teamed up with YourMedicare ℠ 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. Helpful Resources:
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Tags: Online Enrollment, medicare enrollment, YourMedicare, SunFireMatrix
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Upcoming Feature Releases Adding All Locations for a Provider:
Welcome to a new era in Medicare enrollment. PSM has teamed up with YourMedicare ℠ 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. Helpful Resources:
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Tags: Online Enrollment, medicare enrollment, YourMedicare, SunFireMatrix
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Medicare General Enrollment Period (GEP)
If you have clients that weren’t automatically enrolled in Medicare, and missed their IEP, the good news is - they can still apply for Medicare Part A and/or Part B during the Medicare GEP. The bad news is, they may incur a penalty for a late enrollment. There is no notice sent when someone turns 65 that says “It’s time to enroll in Medicare and if you don’t, you could have problems if you sign up later.” That’s where agents can step in and become known as a valuable resource for your senior clients.
When is the General Enrollment Period? Medicare provides a General Enrollment Period (GEP) every year for people who missed signing up when they were first eligible. It’s like make-up time for Medicare enrollment. The general enrollment period (not to be confused with the Open Enrollment Period) runs from January through March. But coverage doesn’t begin until July 1st of the same year. If you didn’t sign up for Part B and recognize your error in March, you can be insured in July. If you figure it out in April, however, you can’t enroll until the following January and coverage wouldn't begin until July of the following year. That could mean a coverage gap of well over a year, depending on when you discover the problem. Here are some key points to remember:
Late Enrollment Penalties: Last year, nearly 700,000 Medicare beneficiaries were paying Part B penalties, according to the Centers for Medicare and Medicaid Services. If you can make your clients aware before they miss their IEP, you could help them avoid alot of frustration and money down the road. Medicare Part A Premium Penalty Part A is premium free if you or your spouse worked and paid taxes for at least 10 years. If you have to pay a premium, the penalty for late enrollment is 10%. The Part A premium penalty is charged for twice the number of years you delay enrollment. If you wait 2 years, for example, you would pay the additional 10% for 4 years (2 x 2 years). The penalty applies no matter how long you delay Part A enrollment. Medicare Part B Premium Penalty The penalty for late enrollment in Part B is an additional 10% for each 12-month period that you delay it. Let’s say your Initial Enrollment Period ended September 30, 2010, for example. Then you enroll in Part B during the General Enrollment Period in March 2013. Your late enrollment penalty would be 20% of the Part B premium, or 2 x 10%. This is because you waited 30 months to sign up, and that time period included 2 full 12-month periods. In most cases, you have to pay the penalty every month for as long as you have Part B. If you’re under 65 and disabled, any Part B penalty ends once you turn 65 because you’ll have another Initial Enrollment Period based on your age. Medicare Part D Premium Penalty The penalty for late enrollment in a Part D plan is 1% of the average Part D premium for each month you delay enrollment. You pay the penalty for as long as you’re enrolled in a Medicare Part D plan. You may delay enrolling in Medicare Part D without penalty if you qualify for Extra Help or have creditable drug coverage. If it’s been more than 63 days since you’ve had creditable coverage, then the penalty may apply.
Thanks for reading, and we hope you found this reminder helpful.
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| Additional Updates: | ||
| An Agents Guide to DSNP Plans Medicare Marketing Guidelines - Changes for 2019 14 Ways to Generate Medicare Leads Medicare Advantage and PDP Online Enrollment Solution |
Tags: Medicare, medicare enrollment
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 http://www.ahip.org/Workarea/DownloadAsset.aspx?id=4294971237
Source: ahip.com |
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| Additional Updates: | ||
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Medicare has many enrollment periods for the various parts of Medicare. These enrollment periods provide beneficiaries with the chance to get Medicare coverage, but the different periods and their acronyms can be confusing for agents, marketers and beneficiaries alike. Click on Graphic Below to Enlarge  http://www.onefpa.org/journal/Pages/AUG14-Understanding-Medicare-Enrollment-Periods.aspx
Source: http://www.onefpa.org |
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| Additional Updates: | ||
Tags: Medicare Supplement, medicare enrollment, medicare deadline
As a Medicare agent one of the best ways to show your value is by staying on top of important events that may affect your clients.
Recent research indicates Medigap continues to be particularly important to low and moderate-income beneficiaries, especially those living in rural areas. According to the National Association of Insurance Carriers: