Understanding Medicare Part D Extra Help: A 2024 Comprehensive Guide
Prescription drugs can be a financial burden for many individuals. The Extra Help program can help many low-income Medicare beneficiaries reduce their out-of-pocket prescription drug costs. As an agent, it is necessary to understand the ins and outs of this
Retroactive Entitlement SEP: When Medicare is Late Processing Your Medicare Enrollment
Many of our clients are reporting Medicare enrollment delays when first applying for Part A and B. In some cases, Medicare cards are arriving after the effective date of your clients Medicare coverage start date. If this happens, they will
Medicare Plan Exits: Exploring the Medicare Plan Non-Renewal SEP
Approaching the Annual Election Period starting October 15th, most Medicare beneficiaries think about keeping their existing plan or changes they could make for the following year. However, sometimes Medicare Advantage or Part D plan doesn’t renew its contract with Medicare
Marketing Medicare: Grow Your Business With Provider Marketing
Marketing your Medicare business is necessary to continually reach more potential clients and grow your business. Effective marketing is achieved by utilizing multiple marketing channels and approaches. Most agents will typically start with direct to consumer marketing channels (Client Facing),
Agent Guide to Medicare Enrollment Periods
Navigating the complex world of Medicare can be overwhelming and confusing to your clients, particularly when it comes to understanding the various enrollment periods. These enrollment periods play a crucial role in determining when and how they can enroll in
Mastering the Rules of a Medicare Sales Event
Planning and executing a successful Medicare sales event requires a thorough understanding of the rules and guidelines set by the Centers for Medicare & Medicaid Services (CMS). We will delve into the essential rules you need to follow to ensure
Moving out of area with Medicare Advantage Plan: What Happens and How to Navigate the Process
Medicare Advantage plans (MAPD) have different service areas available to those who live within that area. Service areas are typically based on geographic regions, such as counties or states, depending on the plan. If you have clients that are moving
Understanding the Medicare Rule on 40 Work Credits: What You Need to Know
As you approach retirement age, you may have questions about Medicare eligibility. One of the requirements for Medicare is having a certain number of work credits. In this blog, we will explore the Medicare rule on 40 work credits and
What is the Low-Income Subsidy Benchmark Premium and How Does it Affect Medicare Advantage Prescription Drug Plans?
The Medicare Extra Help program, also known as Low-Income Subsidy (LIS), assists low-income people with Medicare out-of-pocket costs associated with Part D prescription drug coverage. We cover the specifics of this program in our previous blog, The Ins and Outs