What’s your strategy for post-AEP? As the hustle of the Annual Enrollment Period winds down, it’s crucial to remember that your work doesn’t end there. The post-AEP period is the perfect time to build on the foundation you’ve created. Take the opportunity to follow up with your clients, ensuring they’re happy with their plans. Just Read More
Medicare Part D, which provides prescription drug coverage to millions of Americans, offers valuable savings but comes with costs that beneficiaries should carefully plan for. Each year, adjustments are made to premiums, deductibles, and other Part D-related expenses. For 2025, significant changes are expected, making it important to understand the updated costs, anticipate the upcoming Read More
Many Medicare beneficiaries are eager to know the anticipated costs for Medicare Part B in 2025. As a vital component of Medicare coverage, Part B provides essential benefits such as outpatient services, preventive care, doctor visits, and durable medical equipment. Understanding the projected premiums and deductible amounts is crucial for beneficiaries to effectively plan and Read More
An IRMAA (Income-Related Monthly Adjustment Amount) is calculated based on income reported on tax returns from two years prior. As a result, some Medicare beneficiaries may receive a notice indicating an increase in their monthly premiums for Medicare Part B and Part D. If this occurs, understanding how to file an IRMAA appeal is essential. Read More
When comparing Medicare plans, it’s essential to consider three key out-of-pocket costs: copays, coinsurance, and deductibles. These expenses collectively shape the annual healthcare costs for Medicare beneficiaries. Simply put, these terms refer to the amounts individuals pay for medical services and prescription drugs as part of their health insurance coverage. Copays A copay is a Read More
The term “being a Karen” has become a modern way to describe someone who frequently complains and demands specific outcomes. While a mix-up between fries and onion rings at a fast-food restaurant might not warrant a formal complaint, issues involving Medicare or other health insurance plans are far more serious. As an insurance agent, your Read More
The 2025 Medicare landscape is shifting, with some Medicare Advantage (MA) plans now classified as non-commissionable. You might be thinking, “Haven’t we had enough changes in the Medicare market already this year?” It’s natural to feel overwhelmed or frustrated, especially when these changes could impact your earnings. However, remember that change often brings new opportunities Read More
Every Medicare beneficiary needs credible prescription drug coverage, and most want to avoid late enrollment penalties. If you’re offering Medicare Advantage-only plans (such as Private Fee-for-Service or Medicare MSA) or Medigap plans, prescription drug insurance is an excellent cross-selling opportunity. Here’s how to make it work! For clients interested in Medicare Advantage, they can enroll Read More