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Mental Health and Medicare

After more than two years of COVID-19, mental health is understandably a big topic of discussion. People across the country have struggled with isolation, disruptions to their normal routines, the worry about getting sick, and the loss of loved ones. This has definitely taken a toll.
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Medicare Part B Premiums Could Actually Go Down in 2023

A universal truth is something that is widely accepted and agreed on as fact, something that does not change over time and location. For instance:
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Appealing an Income-Related Medicare Adjustment

If you sell Medicare supplements or Medicare Advantage plans, you probably know that the standard Medicare Part B premium for 2022 is $170.10.
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New Requirement: Agents Must Record MA and Part D Calls

On April 29, the Centers for Medicare and Medicaid Services (CMS) published a final rule and accompanying fact sheet relating to calendar year 2023 Medicare Advantage and Part D plans.
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Three Medicare Resources to Share with Clients

Agents who sell Medicare-related products like Medicare Advantage or Medicare Part D plans know that they need to be careful about creating their own marketing material. Medicare has very strict guidelines, and most information that agents put in front of clients needs to be pre-approved.
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Like Everything Else, Drug Prices Are Increasing

You’ve probably well aware that inflation is the highest it’s been in decades. Some say this was to be expected since we’re coming out of a two-year pandemic. Others point to supply chain issues caused, in part, by Russia’s attack on Ukraine. Others blame the Biden administration’s economic policy. Still others point out the record profits that companies are making and say the price increases are driven by nothing more than corporate profits. Who knows – it could be a combination of all these factors.
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Open Enrollment – You’re Not Done Yet!

We just wanted to check in and see how everyone’s doing. From the feedback we’ve received, it sounds like many of you have had a very successful open enrollment period. And the numbers we’ve seen from the individual and Medicare products we offer seem to confirm that.
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Big Increase in Medicare Premiums, Cost Sharing

The Medicare Annual Election Period just ended, and chances are that you got an earful from clients about next year’s Medicare Part B premium. While the amount consumers pay for Medicare Part B goes up every year, the 2022 increase is unusually large—about 15 percent.
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Lots of Competition Among Medicare Advantage Plans

We’ve said it before and we’ll say it again: Medicare Advantage is a huge opportunity for agents. Nearly every senior over the age of 65 has health insurance, the majority through the federal Medicare program. And, among the Medicare population, 42 percent have coverage through a Medicare Advantage plan according to a recent report from the Kaiser Family Foundation (KFF).
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CMS Fact Sheet Helps Clients Determine Whether to Enroll in Medicare

The annual election period for Medicare Advantage and Medicare Part D plans began on October 15, and with more people working past age 65, you may run into some individuals who are trying to determine whether they should sign up for Medicare or stay on their employer-sponsored health plan. To help them make that decision, CMS has created a checklist-style “Fact Sheet” that you may want to share with them.
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