There are more beneficiaries enrolled in a Medicare Advantage plan than ever before. It’s no surprise that this increase in enrollees has pushed providers to offer plans with a competitive edge. CMS has plans to help providers do just that, and has proposed an expansion in plan options to increase competitiveness in this lucrative market. […]
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2019 Medicare Donut Hole: Everything You Need to Know According to the Henry J Kaiser Family Foundation, 43 million Medicare beneficiaries are enrolled in a Part D plan. This accounts for 72% of Medicare beneficiaries nationwide! When Medicare Part D started in 2006, beneficiaries were required to pay 100% of the costs for brand name […]
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Medicare and Drug Price Transparency The Henry J Kaiser Family Foundation estimates that $1 out of every $6 in Medicare spending is for prescription drugs. These medications play an important role in the health of 59 million beneficiaries. Drug price transparency is important to beneficiaries and agents alike. Beneficiaries can be more informed, and with […]
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What Beneficiaries Value in Medicare Advantage Plans Medicare Advantage plans have continued to rise in popularity. According to the Henry J Kaiser Family Foundation (KFF) enrollment in Medicare Advantage plans has increased by 71% since 2010. There is a clear demand for Medicare Advantage plans, which is great news for agents like you! No matter […]
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Medicare History and Milestones The Centers for Medicare and Medicaid Services estimate that before Medicare, about ½ of people aged 65+ did not have hospital insurance. Plus, it is estimated that 1 of 4 older individuals would go without medical care entirely due to budget restrictions. Medicare history and milestones have changed the way beneficiaries […]
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Medicare and Service Dogs Service animals can make a handler’s life much easier and safer. When selling Medicare it’s important to understand the differences between emotional support animals and service dogs for seniors and Medicare eligibles, the responsibilities, and rights of a service animal, and the cost of service animals with Medicare. What qualifies as […]
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About the New Flexible Medicare Supplemental Health Insurance This post was originally published on May 23, 2018; updated 8/1/18 CMS is passing regulations that will allow Medicare Advantage plans to offer more unique benefits. The goal is to make it easier for seniors and Medicare eligibles to keep living at home. CMS administrator Seema Verma said, […]
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Emotional Support Animals for Seniors and Medicare Eligibles ESAs, or emotional support animals, are a controversial topic in 2018. Thousands of people who don’t truly need emotional support animals are certifying their pets anyway and then taking them to public places that do not normally allow pets. Plus, a lot of people don’t understand what […]
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The New and Improved Open Enrollment Period Now as a part of the CMS Final Rule, Medicare beneficiaries have the option to switch into a different Medicare Advantage plan after AEP is over and done. Previously, the only way beneficiaries could switch plans outside of the Annual Enrollment Period was either if they had a […]
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Medicare Supplement Popularity in 2018 The number of beneficiaries enrolled in Medigap plans increases every year. Original Medicare isn’t enough for most seniors, so chances are that they will enroll in either Medicare Advantage or Medigap. It’s especially popular among low-income Medicare beneficiaries who cannot afford Medicare Advantage but need another form of additional coverage. […]
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