Cigna is officially exiting the Medicare business, agreeing to sell all of its Medicare insurance plans to Health Care Service Corp., a large Blue Cross Blue Shield insurer, for $3.3 billion. Read more here. A message to brokers from Cigna can be found here.
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Medicare Blog | Medicare News | Medicare Information
www.psmbrokerage.com Admin
Recent Posts
Cigna to sell Medicare Advantage plans to Blue Cross Blue Shield insurer for $3.3 billion
Posted by www.psmbrokerage.com Admin on Thu, Feb 01, 2024 @ 03:53 PM
Tags: Cigna, Medicare Advantage
Life After AEP - Strategies for Increasing Life Sales
Posted by www.psmbrokerage.com Admin on Thu, Feb 01, 2024 @ 03:47 PM
Selling life insurance after the Medicare Annual Enrollment Period (AEP) can be a strategic opportunity, as clients are already engaged in thinking about their healthcare and financial security. To capitalize on this, start by reviewing the conversations you had with clients during AEP about their overall retirement planning and healthcare needs. Many clients may have focused solely on their immediate Medicare needs and may not have considered the long-term financial protection that life insurance can provide. Reach out to these clients with personalized communication, highlighting how life insurance can complement their Medicare coverage by providing financial security for their loved ones, covering final expenses, or even leaving a legacy. Use the insights gained during AEP to tailor your message, focusing on the benefits most relevant to each client's situation. Additionally, offering educational sessions or one-on-one consultations can help demystify life insurance options and demonstrate your commitment to their overall financial well-being. This approach not only positions you as a trusted advisor but also opens the door to addressing a critical aspect of their financial planning that they may have overlooked.
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Tags: Life Insurance, cross marketing, Webinar
UHC AdvantageGuard launches in 16 new states
Posted by www.psmbrokerage.com Admin on Tue, Jan 30, 2024 @ 09:05 AM
Start selling AdvantageGuard today!
In this comprehensive agent training session, we will conduct an in-depth exploration of benefits offered by the AdvantageGuard Hospital Indemnity plan, along with a detailed analysis of the eligibility criteria.
Explore AdvantageGuard benefits Clients can choose the benefits that best fit their needs and budget, all backed by a insurer with an "A+" AM Best rating2. AdvantageGuard offers convenient cash benefits paid to the insured, making it a smart choice for clients who want help with covering out-of-pocket expenses, like their Medicare Advantage plan copays. Request details today and start offering this new plan to your clients. Precision Senior Marketing is an independent broker agency offering plans underwritten by Golden Rule Insurance Company and other insurers.
1Payable per day (limits apply) when Insured Person receives a prescription delivered by injection in an outpatient provider setting. State variations apply. Not available in all states. 2Additional premium applies. 50516-G-1223
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Tags: Hospital Indemnity, Medicare Advantage, AEP
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Tags: inspiration
With Mutual of Omaha, you've got the advantage
Posted by www.psmbrokerage.com Admin on Mon, Jan 29, 2024 @ 03:37 PM
Selling Opportunities We keep an eye on rates throughout the year and monitor shifts in the market. After a recent review, we found we have a competitive rate advantages on Plan G and Plan N Medicare supplements in many states. More Competitive Pricing Mutual of Omaha also provides competitive pricing on dental and prescription drug coverage, ensuring you're well positioned to cross sell these products to your clients. Important: Your clients can save 15% when enrolling for dental insurance and a Med supp plan at the same time (in most states). Service Opportunities Specifically designed for Med supp, dental and prescription drug plan producers, the Medicare Solutions e-App Storefront helps you work faster and more efficiently. For example, once you enter your client's information on one application, the details automatically transfer to other applications you submit for them. Switching between Med supp, dental and prescription drug applications is quick and seamless. Saving Opportunities Did you know Mutual Perks* gives your Medicare supplement clients access to a wide range of healthy savings from restaurant coupons to discounts on hearing and vision care? Promoting these value-add services is a good way to engage clients and set yourself apart from the competition. *Mutual Perks cannot be discussed pre-sale.
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Part A (Hospital Insurance)
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Tags: Medicare News
Get the inside scoop with Physician Mutual's Innovative Plan G
Posted by www.psmbrokerage.com Admin on Mon, Jan 29, 2024 @ 02:26 PM
Would you like to make more Medicare Supplement sales? We have several product features to make your job easier, such as our Innovative Plan G.
This — plus our other features — gives our agents the advantage in today’s market. What are you waiting for? Join the Physicians Mutual family! Ask us for details on what sets Physicians Mutual apart from the competition — and why you won’t want to sell others' products. You won’t regret it! To request details, Please call us at 800-998-7715 or click on the link below. For recruiting purposes only. Products/features vary by state.
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Tags: medicare supplement insurance, dental plans, Physicans Mutual
2024: Unprecedented Opportunity in Insurance as Record Boomers Hit Retirement
Posted by www.psmbrokerage.com Admin on Wed, Jan 24, 2024 @ 11:05 AM
In 2024, the insurance industry is poised to experience a significant surge in demand, thanks to a record number of Baby Boomers reaching retirement age. This demographic milestone opens up a vast opportunity for insurance sales, particularly in areas directly relevant to retirees. Products like Medicare Advantage, Medicare supplements, long-term care insurance, and life insurance policies that offer financial security and peace of mind to seniors are likely to see increased interest. As this age group transitions into retirement, their focus shifts towards managing health expenses, securing lifelong income, and ensuring a legacy for their loved ones, making them ideal candidates for these types of insurance products. Moreover, this shift isn't just about numbers; it's about changing needs and priorities. Financial planning services, annuities, and final expense insurance are also areas ripe for growth, as more Boomers seek to safeguard their retirement savings and plan for the future. Insurance agents and companies who can effectively communicate the value and relevance of their products to this demographic stand to benefit significantly. The opportunity is here! The role of an independent insurance agent catering to the senior demographic offers more than just a career; it presents a pathway to a fulfilling, flexible, and financially rewarding profession. In the face of the growing senior market, the ability to generate residual income, and the autonomy of being your own boss, this career path stands out as an excellent choice for those looking to make a positive impact while building a sustainable business. As the population ages, the need for knowledgeable, compassionate, and dedicated Medicare plan agents will only grow, making now an ideal time to step into this rewarding field. Work with a trusted partner
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Tags: Final Expense, Annuities, Hospital Indemnity, Medicare Advantage, Medicare Supplement
The Way You Win with Referral Programs in 2024
Posted by www.psmbrokerage.com Admin on Tue, Jan 23, 2024 @ 02:46 PM
Creating a referral program that wins more customers requires strategic planning, understanding your audience, and continuous optimization. By implementing these steps, you can develop a program that not only attracts new customers but also strengthens the bond with your existing ones. Click below for our Ultimate Referral Tips Checklist to get you laser focused on what works to grow your business. To truly win big with your referral program, it's essential to have a cohesive marketing strategy in place. Automate key referral behaviors to gain high-value referrals and actually convert them to paying customers.
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Tags: Referrals, ReferMe IQ
Medicare Advantage Maintains Upward Trend
Posted by www.psmbrokerage.com Admin on Tue, Jan 23, 2024 @ 02:46 PM
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