Why sell SilverScript® PDP?
This affordable plan offers comprehensive coverage with low copays and premiums2. Plus, it features lower premiums in 38 states in 2020! Available in all 50 states and DC.
This plan offers more robust coverage of generic and brand-name drugs with no deductible, low copays and gap coverage! Available in 49 states and DC3.
It's easy to enrollIf you’re ready to sell 2020 SilverScript PDPs, you can download and start using PDFs of our 2020 enrollment materials, shown below.
You can submit enrollments by mail, fax or email. Or you can enroll with the Ascend Virtual Sales Office app, or withthe SilverScript electronic application or iPad app. Helpful resources
1 Out of companies with over 500,000 members 2 Premiums, deductibles, and cost shares may vary by CMS region 3 Plus plan not available in Alaska 4 At preferred pharmacies including mail service
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Medicare Blog | Medicare News | Medicare Information
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Tags: Medicare Part D, silverscript
No Itch to Switch: Few Medicare Beneficiaries Switch Plans During the Open Enrollment Period
Posted by www.psmbrokerage.com Admin on Mon, Dec 02, 2019 @ 02:42 PM
No Itch to Switch: Few Medicare Beneficiaries Switch Plans During the Open Enrollment Period Each year, Medicare beneficiaries in private Medicare Advantage plans and Part D stand-alone prescription drug plans (PDPs) have the opportunity to change plans during the annual open enrollment period (October 15 to December 7). Medicare’s private plans vary significantly from each other and can change from one year to the next, which can have a significant impact on enrollees’ coverage and costs. The Centers for Medicaid & Medicare Services (CMS) encourages beneficiaries to shop for Medicare Advantage and prescription drug plans to potentially save money on prescriptions or get new benefits. Understanding how Medicare private plan markets are working is increasingly important for both beneficiaries and the Medicare program overall. Many presidential candidates and policymakers have proposed establishing a public program, modeled on Medicare, to expand coverage, while others want to expand the role of private plans within Medicare itself. To inform these discussions, this analysis examines the share of people enrolled in Medicare Advantage prescription drug plans (MA-PDs) and PDPs who switched plans for the following year during the open enrollment periods between 2007 and 2016, the most current year available for analysis of Medicare private plan switching rates. This analysis excludes enrollees with low-income subsidies; more detailed methods are described below.
DiscussionWith an average of 28 Medicare Advantage plans and 28 stand-alone Part D plans available to beneficiaries in 2020, beneficiaries have dozens of plan options from which to choose. Relatively low rates of plan switching during the open enrollment period could indicate that beneficiaries are generally satisfied with their current plan and therefore have little motivation to compare and switch plans, or they may be actively choosing to remain in their plan after comparing other available options. But, low switching rates could also indicate that many beneficiaries find the process of comparing plans too challenging, are unaware of the open enrollment period, or have limited confidence in their ability to choose a better plan. Both Medicare Advantage and stand-alone drug plans can vary significantly in terms of premiums, deductibles, cost sharing, provider and/or pharmacy networks, and drugs covered, among other plan features. Comparing all of these factors simultaneously is the best way to maximize value and lower costs, but it is also time consuming and challenging, especially for beneficiaries with cognitive impairments or serious health needs. Our finding that a majority of MA-PD and PDP enrollees stay in the same plan during the annual open enrollment period may not be a concern, but it raises a question as to whether “stickiness” leads to avoidable costs, or unrealized benefits, for a large share of the Medicare population. The finding that nearly half of all Medicare beneficiaries say they never or rarely compare plans suggests that many beneficiaries may be unaware of important differences across plans that could have a significant impact on their coverage, costs, and, in the case of Medicare Advantage plans, access to certain providers. This is not surprising given the sheer number of Medicare private plans now available and the many ways in which they differ. Given that some presidential candidates and policymakers are discussing proposals to build on Medicare and the marketplace model or to broaden the role of private plans in Medicare, understanding the barriers that people on Medicare experience will continue to be important for policy discussions.
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Tags: Medicare Advantage, Medicare Part D, AEP
Recent Changes Add Complexity to Medicare’s Fall Open Enrollment Period
Posted by www.psmbrokerage.com Admin on Mon, Nov 25, 2019 @ 04:11 PM
Recent Changes Add Complexity to Medicare’s Fall Open Enrollment Period Medicare’s Fall Open Enrollment Period (OEP) is a busy time for beneficiaries and those who help them evaluate their health care and prescription drug coverage options. From October 15 to December 7 each year, people with Medicare can make changes to their coverage, such as switching Part D prescription drug plans, or switching between Original Medicare and Medicare Advantage. This annual decision-making process can be complex, and several changes this year are making it even more so.
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Tags: Medicare Part D, OEP
Medicare Part D: A First Look at Prescription Drug Plans in 2020
Posted by www.psmbrokerage.com Admin on Mon, Nov 18, 2019 @ 02:57 PM
Medicare Part D: A First Look at Prescription Drug Plans in 2020 During the Medicare open enrollment period from October 15 to December 7 each year, beneficiaries can enroll in a plan that provides Part D drug coverage, either a stand-alone prescription drug plan (PDP) as a supplement to traditional Medicare, or a Medicare Advantage prescription drug plan (MA-PD), which covers all Medicare benefits, including drugs. Among the 45 million Part D enrollees in 2019, 20.6 million (46%) are in PDPs (excluding employer-only group PDPs). This issue brief provides an overview of PDPs that will be available in 2020 and highlights key changes from prior years. Key Findings
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Tags: Medicare Part D
Now Available: All Plans View on YourMedicare Enrollment Center
Posted by www.psmbrokerage.com Admin on Tue, Nov 12, 2019 @ 10:49 AM
The YourMedicare Enrollment Center Now Quotes All Plans! YourMedicare Enrollment Center will now display ALL PLANS for MAPD and PDP. Don’t waste your time using other quote-only platforms. The YourMedicare Enrollment Center allows you to:
Access the Enrollment Center and other great YourMedicare tools now on Agent Xcelerator®. Request access today!
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Tags: Online Enrollment, Medicare Advantage, Medicare Part D, online sales, YourMedicare
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Tags: Medicare Advantage, Medicare Part D, Enrollment Tools, YourMedicare, SunFireMatrix
YourMedicare Enrollment Center Updates - All Plans Now Available
Posted by www.psmbrokerage.com Admin on Thu, Nov 07, 2019 @ 02:07 PM
YourMedicare Enrollment Center Updates - All Plans Now Available
UPDATE:
If you are already registered, you can log in here.
Not registered yet?
With our all-inclusive platform, you can sell Medicare plans on your terms. Offer top carriers, receive the best commissions, all on a vested contract with industry-recognized service and support.
The YourMedicare Enrollment Center™ offers:
This comprehensive tool simplifies the sales process with multi-carrier shopping and enrollment platforms wrapped into a single online experience. And best of all, this platform is available at no cost to PSM agents.
Request details today and make sure you have access to this cutting edge technology at your fingertips.
*Kaiser Permanente is not included in the update
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Tags: Medicare Advantage, Medicare Part D, Enrollment Tools, YourMedicare, SunFireMatrix
Big Changes May Be in Store for Medicare Part D
Posted by www.psmbrokerage.com Admin on Mon, Oct 21, 2019 @ 11:42 AM
Big Changes May Be in Store for
Source:https://blog.medicarerights.org/big-changes-may-be-in-store-for-medicare-part-d
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Tags: Medicare Part D
U.S. House Moving Forward with Drug Pricing Bill
Posted by www.psmbrokerage.com Admin on Mon, Oct 21, 2019 @ 11:37 AM
U.S. House Moving Forward with Drug Pricing Bill
Source: https://blog.medicarerights.org/u-s-house-moving-forward-with-drug-pricing-bill
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Tags: Medicare Part D
U.S. News Announces the 2020 Best Insurance Companies for Medicare
Posted by www.psmbrokerage.com Admin on Mon, Oct 21, 2019 @ 11:23 AM
U.S. News Announces the 2020 Best Insurance Companies for Medicare
MEDICARE-ELIGIBLE beneficiaries can enroll in a Medicare Advantage plan from a private insurance company. U.S. News provides a tool for Medicare-eligible beneficiaries to find the right Medicare plans for their needs. All plan information and star ratings come directly from the Center for Medicare and Medicaid Services (CMS) at Medicare.gov. U.S. News analyzed insurance companies’ offerings in each state based on their 2020 CMS star ratings, and below provides a list of U.S. News & World Report's Best Insurance Companies for Medicare Advantage. A Best Insurance Company for Medicare Advantage is defined as a company whose plans were all rated as at least three out of five stars by CMS and whose plans have an average rating of 4.5 or more stars within the state. Read more about our methodology.
Best Insurance Companies for Medicare Part D 2020
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