Why Your Pre-Season AEP Playbook Should Include Direct Mail Campaigns
We all know the word on the street: this is going to be the BIGGEST AEP we’ve ever seen. With the potential to capture a whole new level of business, […]
Prescription Drug Plan (PDP) Compensation Updates
As 2025 approaches, significant changes are on the horizon for Prescription Drug Plans (PDPs), largely driven by the Inflation Reduction Act (IRA). These changes include the elimination of the Coverage Gap (or “donut hole”), a new $2,000 out-of-pocket spending cap, and adjustments in cost-sharing responsibilities during the catastrophic coverage phase.
In light of these shifts, Wellcare has made the difficult decision to cease new and renewal commissions for their PDP products starting January 1, 2025. Meanwhile, Aetna’s SilverScript Choice PDP will be offered as a non-commissionable product nationwide, with renewal commissions continuing on existing commissionable business.
Stay informed and prepared as these updates will impact your approach to PDP offerings in the upcoming year.
From Corporate to Independent; How One Broker Found Flexibility & Fulfillment
This blog highlights Lauren Bayha’s inspiring journey from corporate life to becoming an independent insurance broker. Discover how her drive for independence, coupled with the crucial support of her FMO, Trusted American Insurance Agency, and the mentorship and networking opportunities through associations like SAHU, has empowered her to build a successful business while achieving a balanced life. Read on to learn about the key factors that fueled her transition and growth.
CMS Announces 2025 Part D Bid & Premium Stabilization Demonstration Program
The Centers for Medicare & Medicaid Services (CMS) recently announced some exciting developments for Medicare Part D. On July 29, 2024, alongside preliminary 2025 Medicare Part D bid information, CMS […]
Important Update from CMS! Is Employer sponsored health insurance coverage still creditable in 2025?
CMS recently released the Final Calendar Year (CY) 2025 Part D Redesign Program Instructions that provides guidance regarding the implementation of section 11201 of the Inflation Reduction Act of 2022 […]
2025 Medicare Advantage and Prescription Drug Commission Payment Updates
2025 Medicare Advantage and Prescription Drug Commission Payment Updates
Tips and Tricks for Mastering the 2025 AHIP Certification
Are you ready to conquer your AHIP certification with ease? Preparing for the 2025 Annual Enrollment Period (AEP) can be overwhelming, but with the right strategies, you can navigate the certification process smoothly. Our guide provides essential tips and insider information to help you master your AHIP certification. Learn how to schedule and complete necessary certifications promptly, review training modules thoroughly, and make the most of practice quizzes. Early preparation and diligent review are key to your success. Check out our solutions to streamline your search for details, and ensure you’re well-equipped for a successful AEP. For more information or assistance, visit agents.taia.us.
Understanding the 2024 CMS Final Rule Changes: What Agents Need to Know
The Centers for Medicare and Medicaid Services (CMS) has announced significant changes effective October 1, 2024. These changes will impact how agents and brokers work with Medicare Advantage (MA) plans […]
TAIA’s Agent Spotlight – Mark Legaspi
Mark’s dedication to his work, his clients, and his community shines through in everything he does. His commitment to helping others succeed, both in Medicare and life insurance, is truly inspiring. As he continues to grow his business and support his family, it’s evident that his passion and drive will lead him to even greater success.
Preparing Clients for the New Medicare Prescription Payment Plan Program
Good news for your Medicare Part D beneficiaries! Starting January 1, 2025, the Medicare Prescription Payment Plan under the Inflation Reduction Act will allow beneficiaries to pay their out-of-pocket Part […]