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.

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.

Supporting Your Clients on Their Alzheimer’s Journey

As insurance professionals, you provide valuable support to individuals and families. Understanding how to support clients who are either already diagnosed or show possible onset symptoms of Alzheimer’s disease gives […]

National Immunization Awareness Month

Happy August Brokers! AEP is fast approaching, and we are here to help you prepare!  Considering this month’s focus on Immunization Awareness, we want to ensure you’re well-prepared with the […]

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