CMS Finalizes 2025 Rate Increase For Medicare Advantage Plans
On Monday, April 1, the Centers for Medicare and Medicaid Services (CMS) finalized 2025 rates for Medicare Advantage (MA) and Part D prescription drug plans, with the CMS announcing a payment increase of 3.7 percent expected over 2024 for MA plans. There are concerns in the MA industry that the expected increase in payments will […]
Understanding Medigap and Why It Can Sometimes Be a Better Option
Consumers are looking for solutions in the Medicare market and agents who have the knowledge to explain and offer Medicare products are continually growing their business. While much of the Medicare insurance growth has centered around the ultra-popular Medicare Advantage segment, agents who understand the other option, Medicare Supplement Insurance (commonly known as Medigap), can […]
Here’s 11 2024 Rewards Programs You Can Offer Your Clients
Everyone loves rewards and our team has found some robust incentives offered by 11 of our health insurance partners.All of the companies below are contracted with Agility. These are the latest 2024 rewards programs offered to members. Explaining these incentives to clients can help you find the best plan for your client and wrap up […]
Medicare Advantage enrollment booms to record in 2023, more growth predicted
Agents, the numbers are in for 2023 and it was another banner year for Medicare Advantage enrollment. Medicare Advantage continues to expand and more growth is forecast for 2024. Are you in position right now to take part in these exciting changes? If you aren’t, we can help. Offering Medicare Advantage plans by partnering with […]
Cigna Group Announces Sale of Medicare Business to HCSC
Big news is rippling through the Medicare insurance world as Cigna Group has announced the sale of its Medicare business to Health Care Service Corporation (HCSC). The transaction, pending regulatory approval, includes the Cigna lines of Medicare Advantage, Cigna Supplemental Benefits, Medicare Part D and CareAllies. The reported sale price is $3.7 billion and the parties […]
North Carolina Winter Storm Sparks Opportunity: Special Enrollment Period for Health Insurance!
Health insurance agents with services in North Carolina, the recent winter storm has left many residents facing unexpected challenges, including disruptions to their healthcare access. But there’s good news! A Special Enrollment Period (SEP) is now open, providing a new window for North Carolinians to get the coverage they need. This is your chance to […]
Record-Breaking Interest in ACA: A Golden Opportunity for Brokers
Unprecedented Demand Marks a Prime Time for ACA Brokers to Expand Their Client Base In a remarkable display of the growing demand for health coverage, over 20 million Americans have chosen the Affordable Care Act (ACA) marketplace for their insurance needs, setting a new all-time high. This surge, representing a 25% increase from last year’s […]
1.7 million lose Medicaid in Texas, could be eligible for Marketplace
After the end of a pandemic-era policy, 1.7 million Texans have lost access to Medicaid. For health insurance agents and brokers, that could open enormous opportunities to enroll uninsured consumers in the Health Insurance Marketplace. Based on normal qualifying conditions for Medicaid, most of these consumers likely would be eligible for $0 premium plans. According […]
FCC’s new rule likely to cost agencies, brokers
If you purchase leads for your business, things are about to change and get very expensive. A new rule passed by the Federal Communications Commission could result in a significant increase in your expenses next year. The rule, designed to close loopholes that have allowed robocallers and robotexters to “inundate consumers,” would go into effect […]
Proposed Medicare Changes That Could Affect Agents
As an insurance agent, you are the heart of distribution for carriers, providing a gateway of knowledge and understanding to consumers. The value of that service is the reason agents are compensated by carriers. Our role as an FMO is to provide our agent and agency partners with the support they need, including keeping folks […]
Brokers required to gain consent from clients under new rule
Under a new federal rule, guided by the Centers for Medicare & Medicaid Services, health insurance agents, brokers, and web-brokers assisting consumers who use the federal Marketplace are required to comply with a new consent rule called the 2024 Payment Notice. In essence, the rule says agents, brokers, and web-brokers must show that clients have […]