School may be out for most people, but for Medicare insurance sales agents, the arrival of summer means it’s time to start studying for the annual AHIP certification. You might not be eager to hit the books when you’d rather be hitting the beaches, but here’s the thing – AHIP certification isn’t just some red tape to get through. It’s a chance for you to brush up on your Medicare knowledge so you can better serve your clients.
Medicare Advantage enrollees can save nearly $2,000 a year, according to a study from the Better Medicare Alliance. Compared to people enrolled in Original Medicare, Medicare Advantage enrollees have a 35% lower cost burden. This should come as great news to financially strapped seniors, but some enrollees may not see these savings, especially if confusion over networks lead to higher out of pocket costs. To help enrollees get the most value from their plan, it’s important to clear up common Medicare Advantage network misunderstandings.
Are your clients unhappy with their Medigap selection? Depending on where they live, they may be able to switch Medicare Supplement Plans without going through medical underwriting. Although the federal rules are strict, states often give enrollees additional rights, and three states have recently changed their rules.
Topics: Medigap Birthday Rules
A Facebook Business Page can be a cost-effective way to reach a wider audience, generate leads and drive business. However, to reap the full benefits of a Facebook Page, you need to make sure you’re using it effectively. Here are some tips to help you make the most of your Facebook account.
Topics: Facebook Business Page
Medicare has announced eligibility guidance for the Extra Help program, which helps individuals with their prescription drug costs. Medicare’s Low Income Subsidy (LIS) limits determine what level of support seniors can receive. Budgets are getting tighter with increased prices and inflation, and the Extra Help program can be a difference-maker for some of your clients. Understanding these limits is an important first step in the process.
Topics: Medicare Extra Help
Most Medicare beneficiaries understand that they may face out-of-pocket costs if they have to stay in a hospital. What they might not know is that their hospital status can impact their coverage. Over the years, some beneficiaries have been hit by greater costs and ineligibility for nursing care coverage due to their “observation status,” but a recent court ruling gives these beneficiaries a new Medicare appeal option.
Topics: Medicare Appeal
Are your clients making the most of their Medicare Advantage and prescription drug plans? It’s a good idea to check in with your clients to make sure they’re happy with their coverage and using the benefits they’re entitled to. These tips and reminders will help you stay compliant while conducting a utilization review to boost Medicare retention.
Topics: Medicare Client Retention
When is the last time you updated your Medicare insurance agent business cards? If it’s been a while—or if you’ve never ordered any—now is a great time to get a new batch made. There are many options for creating personalized business cards. Here are seven print and digital business card providers to consider.
Throughout the year, Medicare enrollees receive a number of important notices. You can help your clients by alerting them to notices that will be coming soon. You can also help them understand what these notices mean and how they should respond. Here’s a look at some of the CMS notices to watch for.
Topics: CMC Notices
February is the perfect month to think about heart health. It’s not just because Valentine’s Day happens this month. February is also American Heart Month. Take advantage of this opportunity to educate your Medicare clients on their care and coverage options.
Topics: Medicare for heart conditions