Important – Suspended Enrollments and Marketing for Wellcare MAPD Plans in Florida and North Carolina
We would like to make you aware that all Wellcare enrollment and marketing activities are suspended effective Jan. 12, 2024, for plans under the two contracts below: Florida MAPD PPO Contract (H5199) North Carolina MAPD PPO Contract (H7175) Additionally, these two contracts will not be renewed for Plan Year 2025. Each of them will end […]
Open Enrollment Period Guidance
OEP Compliance The Medicare Open Enrollment Period (OEP) occurs annually from January 1 – March 31. It provides a great opportunity for agents and brokers to grow their business. But it also carries specific guidelines for how agents must conduct their marketing efforts. Let’s break down the OEP Marketing Compliance Guidelines as dictated by the […]
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 […]
How independent health insurance agents can use social media for marketing
Social media has become an essential tool for marketing, and independent health insurance agents can benefit greatly from using these platforms to grow their business. However, there are a number of misconceptions about social media and the best use for it. These are some tips that can help you leverage social media effectively to improve […]
Molina Healthcare Broker Bonus Program 2024
Molina Marketplace is thrilled to announce the details of its highly anticipated 2024 Broker Bonus plan. In recognition of the dedicated brokers who have played an essential role in renewing business with Molina, the company is excited to offer this enticing financial opportunity. The 2024 Broker Bonus plan underscores Molina Marketplace’s deep appreciation for […]
Enhancing Agent of Record Transparency for OE24 with HealthSherpa
In the dynamic world of healthcare enrollment, being the Agent of Record (AOR) is crucial for insurance professionals. To prepare for Open Enrollment 24 (OE24), HealthSherpa is rolling out significant updates aimed at enhancing transparency regarding AOR status. These changes are set to revolutionize your experience and understanding of client assistance, submission, and AOR designation. […]
The State of Health Coverage for Immigrants in 2023
In 2021, the United States was home to 44.7 million immigrants, constituting about 6% of the total population. This diverse group included 20.8 million noncitizen immigrants and 23.9 million naturalized citizens, with many residing in mixed immigration status families. The health coverage landscape for immigrants in the U.S. is complex, shaped by factors such as […]
5,000 Coloradans still need health insurance
A report from Colorado Public Radio says at least 5,000 people will lose insurance in the Centennial State at the end of this month after Friday Health Plans were shut down earlier this year. Despite warnings and prodding from groups like the Colorado Department of Regulatory Agencies, there are still thousands of uninsured people. “It’s […]
How Many Doctors Have Declined Participation in the Medicare Program?
The number of physicians who have opted out of accepting Medicare payments has held steadyin the latest report released by the Kaiser Family Foundation. Of all non-pediatric physicians, 1.1percent – or 11,039 – have opted out in 2023.“This analysis shows that a very small share of non-pediatric physicians are opting-out ofMedicare, similar to prior analyses dating back to […]
What Is the Potential Value of the Insurance Brokering Industry in the Next Decade?
The international broking industry is on the cusp of a significant transformation, with revenues expected to reach a staggering $628.3 billion by 2023. This robust growth trajectory is primarily attributed to three pivotal factors, as highlighted in a recent report by Allied Market Research. First and foremost, the expansion of digital brokers is revolutionizing the […]
Virginia’s Transition to a State-Based Exchange
Big changes are on the horizon for insurance brokers in Virginia as the state gears up for its upcoming Open Enrollment Period. Virginia is making a significant shift by transitioning to its own State-based Exchange Platform, known as the Virginia Insurance Marketplace (VIM). This change promises a smoother experience for both brokers and consumers. Here’s […]
Ameritas Agent Bonus Program Breakdown
Discover the Ameritas Agent Bonus Initiative—a reward system tailored for your outstanding performance in individual dental and vision sales. This impactful program recognizes your unwavering commitment, especially during the AEP/OEP season. It’s Ameritas’ way of showing their appreciation for your dedication to selling their dental and vision products. Through this enticing bonus program, you can […]
Unraveling Coverage Origins Among Medicare Beneficiaries
Medicare, a vital health insurance program in the United States, serves as a lifeline for millions of Americans, offering coverage to 65 million individuals. Within this vast landscape, a variety of coverage options exist, each catering to different demographic segments and ensuring beneficiaries can access necessary healthcare services without incurring insurmountable expenses. In this blog […]
Discovering Cigna’s 2023 Wincentives Program
Get ready for a lucrative journey with Cigna’s 2023 Wincentives! Embrace the opportunity to boost your income effortlessly through Cigna Supplemental Benefits Wincentives program. This year promises an array of new avenues to earn extra income consistently, unrestricted by any limits. Elevate your financial prospects month after month as Wincentives returns, embodying Cigna’s commitment to […]
Revolutionizing Healthcare Access: HCSC’s Medicare Advantage Expansion to Reach Underserved Regions
Health Care Service Corp. (HCSC), the parent company of five Blue Cross & Blue Shield plans, is on the verge of a significant advancement in its healthcare offerings. In an effort to provide enhanced access to medical services, HCSC is planning to introduce Medicare Advantage plans to nearly 100 additional counties across Illinois, Montana, New […]
Navigating 2024: Understanding ACA Marketplace Premium Increases
As we approach the year 2024, it’s important to be well-prepared for the changes and challenges that lie ahead in the ACA Marketplace. A recent analysis conducted by the Kaiser Family Foundation (KFF) sheds light on the evolving landscape of healthcare premiums and the factors driving their growth. In this blog post, we’ll break down […]
Stay Informed: AHIP’s 2024 Medicare + Fraud, Waste, and Abuse Training
Stay updated and compliant with the latest regulations in the world of Medicare? If you’re a part of the healthcare industry, especially dealing with Medicare Advantage and Part D plans, then you’re in luck! The AHIP’s 2024 Medicare + Fraud, Waste, and Abuse (MFWA) training is here to equip you with essential insights into the […]