News
Medicare drug plan prices touted during Open Enrollment can rise within a month
Something strange happened between the time Linda Griffith signed up for a new Medicare prescription drug plan during last fall’s enrollment period and when she tried to fill her first prescription in January. She picked a Humana drug plan for its low prices, with...
Postpartum insurance loss decreased during COVID-19 pandemic, study finds
For decades, many U.S. women who give birth lose or face changes to their health insurance afterward. Those with Medicaid benefits are most likely to lose coverage, because...
Annual workforce report shows the state of the insurance industry
Based on responses from more than 1,300 insurance professionals, Vertafore's 2022 report titled "The Insurance Agency Workforce: Evolving into the next Normal" grants...
Biden proposes expansion of Affordable Care Act with changes to ‘family glitch’
source The Biden-Harris Administration is proposing a rule to strengthen the ACA by fixing the “family glitch,” which would save hundreds of thousands of families hundreds...
New bill would allow seniors to contribute to a health savings account while on Medicare
Source There’s a renewed push in Congress to let Medicare beneficiaries set aside pretax money for medical expenses. Called the Health Savings for Seniors Act and introduced...
Resolving data matching issues in your enrollment platform
After you complete a client’s ACA application, there may be a Data Matching Issue (DMI). A DMI occurs when there is an inconsistency between the information you entered for...
Medicare Advantage saves seniors nearly $2k a year compared to fee-for-service
Source Seniors save nearly $2,000 on average a year in total healthcare spending in Medicare Advantage (MA) compared to fee-for-service Medicare, a new study finds. The...
What Insurance You Need at each Stage of Life
Source What type of insurance should you have at different stages of your life? When asked, financial advisors pointed to disability and life insurance as most important...
April is the Month to become More Efficient.
Every health insurance agent wants to make more money while being efficient so they can focus their precious time on their business or their family. Many of us went into...
What are Special Enrollment Periods and Qualifying Life Events?
The Special Enrollment Period (SEP) is a time outside the yearly Open Enrollment Period when a client can enroll for health insurance if they’ve experienced a Qualifying...