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.

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HR 3200 and Medicare Advantage

Provisions in HR 3200 will curb Medicare Advantage overpayments and would save $157 billion over ten years.

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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.

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What are Medicare Supplements?

Medicare Supplements are also know as “medigap” plans.

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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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