The 7 biggest announcements from life and health insurers this week

Originally Posted to LifeHealthPro | MAR 23, 2015 | BY LYNETTE GIL AgentLink, a service provider to independent insurance agents,has announced that it will enter Tennessee effective immediately.  Already active in Kentucky, Indiana, Ohio and North Carolina, AgentLink’s portfolio of products and services includes life insurance, senior products, group and individual major medical, ancillary lines, dental, disability, annuities, … Read more

Producer Voices Needed in the Effort to Preserve Medicare Advantage

Originally Posted to Anthem Producer Online News | March 20, 2015 As you may already know, the Centers for Medicare & Medicaid Services (CMS) recently released its annual Advance Rate Notice and draft Call Letter proposing changes to how the Medicare Advantage program is funded and administered.  If finalized in a few weeks, those changes threaten … Read more

How Medicare Advantage might change

Originally posted to LifeHealthPro FEB 25, 2015 | BY ALLISON BELL  Some Medicare Advantage plans are starting to wade toward the long-term care (LTC) finance business. The shift showed up earlier this month in the 2016 advance notice and 2016 draft call letter for the Medicare Advantage and Medicare Part D prescription drug programs.  About 16 … Read more

Protect Your Medicare Advantage Clients!

Are your Medicare Advantage clients overwhelmed by their out-of-pocket costs? Take advantage of the industry’s leading indemnity plan — GTL’s Advantage Plus. -Cash paid directly to your clients! -Daily Hospital Confinement benefits from $100 to $600 per day.  Choose in $10 increments for the perfect coverage. -Yes! 24-hour or greater “observation” stays are covered at 100% … Read more

Protect Your Medicare Advantage Clients

Are your Medicare Advantage clients overwhelmed by their out-of-pocket costs? Take advantage of the industry’s leading indemnity plan — GTL’s Advantage Plus. -Cash paid directly to your clients! -Daily Hospital Confinement benefits from $100 to $600 per day.  Choose in $10 increments for the perfect coverage. -Yes! 24-hour or greater “observation” stays are covered at 100% … Read more

Anthem Implements Consolidated Commission Process

In order to service payment of commissions more efficiently, Anthem Blue Cross and Blue Shield (Anthem) is consolidating four separate payment systems into one.  This system consolidation impacts commission payment for Medicare Advantage (MA) Plans, Medicare Advantage Prescription Drug (MAPD) Plans and Prescription Drug Plan (PDP) business. Commission earned for Medicare Supplement and Employer Group … Read more

Medicare Advantage Annual Disenrollment Period Ends Feb 14

Annual Enrollment for Medicare Advantage has come and gone, but during the Medicare Advantage Annual Disenrollment Period, running now through February 14th, your Medicare Advantage clients can still revert to traditional Medicare and buy a Medicare Supplement plan. If your clients and prospects aren’t happy with their MA plan, this is a great chance for … Read more

Advantage plans offer more benefits than Medicare

Patients in Medicare Advantage plans are better off than those in traditional Medicare plans — because they’re getting more benefits. New HealthPocket analysis found that 97 percent of Advantage plans provided coverage for a minimum of one extra insurance benefit — vision, dental, or hearing — not covered by Medicare. And 42 percent of Advantage … Read more

Medicare Advantage growing despite cuts

The Obama administration reported this week that Medicare Advantage enrollment is at an all-time high despite criticized cuts to the program. The Centers for Medicare & Medicaid Services said that enrollment is projected to hit an all-time high for the fifth straight year, while claiming that costs for the program have remained stable. The average … Read more

19 things to know about Medicare Advantage

Medicare Advantage (formerly known as Medicare+Choice) permits contracts between the Centers for Medicare & Medicaid Services (CMS) and a variety of different private managed care and fee-for-service entities. Most Medicare beneficiaries may choose to receive benefits either through the original Medicare fee-for-service program (Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance)). Main types … Read more

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