Most seniors are on a fixed income and now more than ever, they are facing budgetary constraints due to increases in the cost of living. Many find that as their healthcare and health insurance costs increase, their retirement funds are not keeping pace with inflation.
What You Need to Know to Assist Seniors with Dual Special Needs Plans (D-SNPs)
Everything is getting more expensive. For Medicare enrollees, many of whom are on a fixed budget, price hikes can be a major financial burden. Amid surging inflation rates, it’s likely that many seniors will be especially cost-conscious this AEP. Now, more than ever, agents must be ready to help them navigate economic challenges.
Topics: Medicare cost contstraints
How to Afford Healthcare on a Tight Budget (Share with Your Clients)
Many seniors are worried about rising costs and the impact it is having on their retirement budget. As inflation pushes prices higher for basics such as food, gas and housing, are you concerned how you will afford the healthcare coverage you need on your fixed income? Here are some ways you can maximize your coverage and control your costs.
Medicare RX Plans: Help Your Clients Afford Their Medications
A prescription drug plan doesn’t do you much good if you can’t afford your copays. Unfortunately, this is the situation in which many seniors find themselves. Some of your Medicare clients may be having trouble paying for their prescription medicines. By helping them find strategies to cover costs, you can also help them find value in their coverage.
Topics: Medicare RX Plans
Set yourself up for AEP success. The steps you take now – or the steps that you fail to take – will have a direct impact on your ability to help Medicare enrollees this fall. With this four-step plan, you can be ready to go.
Topics: AEP Readiness
AHIP Certification: How Annual Education Helps You Serve Your Clients
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.
Topics: AHIP, AHIP Certification
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
Business Toolkit: Using a Facebook Business Page to Drive Business
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
New LIS Limits for 2022 & How to Qualify for Extra Help
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