Agent Update Memo — February 2024
Agent Update Memo — February 2024
Below you will find new Medicare training and information both from Senior Marketing Specialists and the insurance industry as a whole.
Senior Marketing Specialists Updates
- Join us at Medicare Sales University! Meeting in Kansas City, Missouri and Des Moines, Iowa.
- Stay up-to-date on Industry news with Medicare Industry Insider, our podcast featuring Rachel Brammeier and Chalen Jackson.
- 2024 Medicare Cost Sheets
- 2024 Medicare Costs & Premiums – fillable form to hand to clients.
- Detailed 2024 Costs & Premiums
- Looking into the future for your business? Review The Four Pathways of Your Agency.
- Bringing on new Sales Staff in 2024? Check out these Five Tools for New Agents.
- Not sure? Watch our video: Should You Add Downlines or Admin Staff?
- Legacy Safeguard provides crucial end-of-life guidance for your clients, including estate planning assistance, legacy planning software, and so much more.
- Disenrollment Surveys Can Help Save Your Book of Business!
- Utilize our How To Business Guides for steps to check carrier portals and more!
- Need a quick answer while in front of your clients? Try our Live Chat button!
- Visit our AEP Toolkit for sales resources including:
Virtual Training
Medicare Cafe – Live on YouTube every Tuesday at 10AM!
Stay connected with our Medicare Cafe Agents Facebook group
Jan 29 – Feb 2 @ 11AM: Medicare Quick Start
February 15 @ 10AM: Pairing Cancer Insurance and Hospital Indemnity
February 21 @ 2PM: Medicare Supplement vs. Medicare Advantage
February 27 @ 10AM: How to Recruit Downline Agents
Industry & Carrier Updates
Reminder: you cannot advertise the OEP election.
Effective February 1, 2024, Medico/Wellabe is taking rate increases in the following states:
States include: AZ, GA, IN, KS, KY, LA, MI, MO, NC, OH, PA, SC, TN, and WI.
Effective February 1, 2024, Prosperity Life Medicare Supplement plans will no longer be available.
Effective March 1, 2024, Lumico is taking rate increases:
States include: FL, IA, KY, MO, ND, NV, OK, PA, SD, WI, WV, and WY.
Plan F – 16%, Plan G – 13%.
Aetna MA’s Fitness Reimbursement Information:
Service Area Reduction SEP
December 8th, 2023 – February 29th, 2024
Don’t forget about the 5 Star Plan Special Enrollment Period!
Client can use this SEP one time to move to a 5 star-rated plan.
Setting big goals this year? Earn some extra income, trips, and incentives!
Many states are adding annual guaranteed issue rules.
Understanding and Using the Disaster Special Enrollment Period (SEP).
Totally a one stop shop for those who specialize in the 65+ market. Very well maintained agent portal, as well as people who can actually help.
~ Fred C.
CANCER INSURANCE, AWARENESS, RESOURCES, & EDUCATION.
Our CARE Initiative raises awareness about the impact of a cancer diagnosis, providing resources to you as the agent and to clients who might receive this devastating diagnosis. CARE is about more than just selling cancer insurance.
Sources:
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