The next annual enrollment period will be here soon. Hopefully, you’ve already started your AHIP training. (We’ve got tips here to help you with that.) It’s also time to start building your marketing strategy.

As an independent agent, you are running your own business. Because of this, you should give some thought to the type of business structure you want to use. An LLC provides many benefits and is worth considering.

Client recommendations can be the most effective form of advertisement. You work hard to help your clients get the right coverage for their needs. Most of your clients are very happy with your services, and many of them have friends and family who may need similar assistance. If they recommend you, it’s a win-win situation.

Many seniors struggle with the high cost of healthcare. Recent research published in Health Affairs finds that Medicare enrollees near the poverty line may forgo essential healthcare because of the cost. However, for many seniors, there may be a better option. Financial assistance is available for qualifying beneficiaries. The 2021 limits have been announced, so this is a good time to make sure your clients are getting the aid they deserve.

Medicare beneficiaries are frequently the target of fraudulent schemes. You can help your clients avoid falling victim to one of these scams by doing two things. First, educate them on how these schemes work. Second, encourage them to register for the National Do Not Call List.

The Medicare Advantage Open Enrollment Period runs from January 1- March 31. It is important to remember the rules of this Special Election period – Agents/Plans cannot market OEP and Member Eligibility.

The Affordable Care Act (ACA) Health Insurance Marketplace is opening back up for a new Special Enrollment Period. CMS recently announced the decision, which was made in response to the ongoing COVID-19 pandemic.

2020 has been an unprecedented year, and many have been wondering how the pandemic and economic issues would impact Medicare costs in 2021.

People can now stop wondering. CMS has announced the Medicare cost increases for 2021.

Medicare has announced the Low Income Subsidy (LIS) resource limits for 2021. Also called Extra Help, this program provides financial assistance with Medicare prescription drug costs. 

Big changes will impact costs for Medicare enrollees with diabetes next year. Roughly 1,635 Medicare plans will be participating in the Senior Savings Program. Starting January 1, 2021, beneficiaries who enroll in one of these plans will have a maximum copay of $35 for a 30-day supply of insulin.