The editor/author is an insurance agent in Tucson, Arizona More →
Small Increase for 2010 Part D Premiums
Part D drug premiums are expected to rise about $2 in 2010.
Read more →Medicare Supplement Changes in 2010
Medicare Supplement plans will change in 2010 and two new plans will be introduced.
Read more →Medicare Advantage Under Attack?
Cuts in payments to the private insurance companies running Medicare Advantage plans will start in 2010. Medicare Advantage enrollees will have to wait until October to learn how their plan benefits and co-payments are effected.
Read more →88% of Seniors are Satisfied with their Medicare Supplement Plan
A study conducted in March 2009 found that 88% of seniors are satisfied with their Medicare Supplement plan.
Read more →HR 3200 and Medicare Advantage
Provisions in HR 3200 will curb Medicare Advantage overpayments and would save $157 billion over ten years.
Read more →AHIP Re-Certification Test for Agents
Independent agents selling Medicare Advantage plans must re-certify with each insurance company they wish to represent this fall. Agents can take the Medicare test offered by AHIP and have that test applied to testing requirements for each insurance company.
Read more →What is Medicare Advantage?
When seniors enroll in a Medicare Advantage Plan they move out of traditional Medicare and are covered by a private insurance company. Medicare pays the insurance company a set amount of money for each person who enrolls in their plan. The insurance company then pays the medical bills for the enrollee. The enrollee is responsible for co-payments as described in each plan’s summary of benefits.
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