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Jean A. Lentsch

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2021 Medicare Cost Increases Announced

Posted by Jean A. Lentsch on 12/7/20 10:12 AM

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.

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Topics: Medicare costs, 2021 Medicare cost increases

New LIS Resource Limits Announced

Posted by Jean A. Lentsch on 11/4/20 11:54 AM

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. 

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Topics: Medicare Low Income Subsidy (LIS) Resource Limits, LIS Resource Limits, LIS, Low Income Subsidy

The Medicare Senior Savings Program

Posted by Jean A. Lentsch on 10/27/20 12:42 PM

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.

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Topics: Medicare Senior Savings Program

Social Security COLA for 2021 Announced

Posted by Jean A. Lentsch on 10/26/20 3:00 PM

People receiving Social Security will get a small raise next year. The cost-of-living adjustment (COLA) for 2021 has been announced, and it will be 1.3%.

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Topics: social security, COLA

What’s Happening on the Hill: Medicare Update

Posted by Jean A. Lentsch on 10/15/20 11:59 AM

With so much happening on Capitol Hill, you might have missed some developments that could impact Medicare. Here’s a quick recap of recent events to get you caught up.

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Topics: Medicare update

Medicare Referral Compliance: What You Can and Can’t Do

Posted by Jean A. Lentsch on 8/20/20 12:31 PM

Referrals can be a great way to grow your Medicare insurance business, and you may want to use gifts to reward the clients who give you referrals. But watch out. CMS has strict rules governing incentives and gifts. Make sure you know what you can and can’t do.

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Topics: Medicare referral compliance

What’s Happening on the Hill: Your Medicare News Roundup

Posted by Jean A. Lentsch on 8/11/20 10:45 AM

There’s a lot going on these days – so much that it’s easy to miss a thing a two. Here’s a look at some of the most recent developments that could have a major impact on Medicare.

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Topics: Medicare News Roundup

New Tools: 2020 Medicare Plan Finder & Medicare Enrollment Express

Posted by Jean A. Lentsch on 7/24/20 9:00 AM

Most of you probably remember a few glitches in the rollout of changes to the 2019 Medicare Plan Finder. Now, as we start to prepare for the next AEP, the Plan Finder is receiving more updates. Here’s a quick recap of last year and what you can expect from the Plan Finder this year. Also, learn more about a new WAP tool – Medicare Enrollment Express at the end of this article.

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Topics: Medicare Plan Finder, Medicare Enrollment Express

Medicare COVID-19 SEP Announced

Posted by Jean A. Lentsch on 5/14/20 10:54 AM

Medicare beneficiaries who have been impacted by the COVID-19 emergency will have access to a new Special Enrollment Period (SEP). Not everyone will qualify for this enrollment period, but for those who do, this is an important election opportunity.

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Topics: Medicare Covid-19 SEP

The AZDOI Waives PROCTOR Requirements

Posted by Jean A. Lentsch on 4/17/20 9:00 AM

COVID-19 is disrupting daily life, but a new executive order should make it easier for some Arizonans to continue work. On March 26, Governor Ducey issued Executive Order 2020-17, Continuity of Work. This order should provide relief for insurance agents and other licensed professionals in the state of Arizona.

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Topics: AZDOI, AZDOI Waives PROCTOR Requirements

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