With almost 1.7 million Medicare beneficiaries losing their Medicare Advantage or Prescription Drug Plans January 1, 2025, now can be the time for Medicare Supplements for you!
These Medicare Beneficiaries will have a Special Election to use for a new health care option during this AEP selling season.
The result is you writing them onto a new Medicare Supplement plan with a Prescription Drug Plan is easy!
Why use this tool now?
You have no concerns about provider networks with Medicare Supplements having no provider network concerns.
With the growing concerns about hospitals and carriers’ contracts in Medicare Advantage, you can avoid this possible problem with these clients’ hospital access concerns.
Protecting your future renewals going into 2026 from the changes in revenue resulting from 2025-star ratings is the other significant reason to use this tool.
Average star ratings in 2025 went down for carriers, making it likely for Medicare revenue to carriers for benefits to decrease for 2026 plans.
Medicare Advantage carriers with lower average star ratings will have difficulties matching their 2025 plan benefits in their 2026 plans.
Preparing now for this to happen by selling more Medicare Supplements with PDP’s results in less work next AEP while protecting your renewal incomes.
For Medicare beneficiaries with the income resources to pay for Medicare Supplements with PDP’s, it just makes sense to sell these now to protect you and your client later from more change.
It’s a win-win for both of you!
Back in September, Chris Gaston wrote a great article about why selling Medicare Supplements is a good idea.
Here’s the article for you to reference if you didn’t see it or want to refresh your memory as it has some more great details about this tool.
Enjoy and good luck!
