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,
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.
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.
2025 Medicare Advantage and Prescription Drug Commission Payment Updates
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.
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
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
Navigating Walk Your Dog Month and the MAOEP for Client Health Success in 2024 Stepping into a new year marked by fresh resolutions and the onset of the Medicare Advantage
As a trusted insurance broker, you play a vital role in helping clients understand their options for managing Medicare payments. This understanding helps clients avoid potential late payments, resulting in
Oct 12, 2023 Medicare Part D Medicare Parts A & B On October 12, 2023, the Centers for Medicare & Medicaid Services (CMS) released the 2024 premiums, deductibles, and coinsurance
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