The Affordable Healthcare Act/Changes in Medicare...What We Know So Far

In continuing our research on The Affordable Healthcare Act and the Changes in Medicare at Senior Marketing Specialists, we continue to encounter reams of articles, opinions and information from our industry, the government and other resources. A defined path and clarity on the markets and changes coming about is still to be determined. This has created a lot of confusion and anxiety for both agents and consumers alike. Yet in the midst of the chaos we are uncovering tremendous opportunity in the market.

This opportunity lies in the simple fact that regardless of the legislative outcomes, consumers will need additional cash above and beyond their primary health coverage!!! Our carriers are recording record sales of cash indemnity products like our Kemper Home Health Care and our Hospital Indemnity Plans. The needs for these are greater today in the consumer market than ever before.

Call our office (1.800.689.2800) and ask for a marketer to discuss this exciting opportunity.

Medicare Supplement Plan F and C Nominal Cost Sharing NOT to be Imposed as Part of Healthcare Reform

The U.S. Department of Health and Human Services, in a letter dated May 28 to the NAIC, indicated that HHS would heed the advice of the NAIC in regards to not implementing nominal cost sharing in Medicare Supplement Plan F and Plan C.  Health and Human Services Secretary, Kathleen Sebelius wrote in her letter to the NAIC:

“I value the NAIC’s expertise on Medigap and other health insurance issues and the strong partnership between NAIC and the U.S. Department Health and Human Services. This partnership has been instrumental in the effective implementation of numerous provisions of the Affordable Care Act,”

Find out more in the full article, HHS takes NAIC’s Medigap Advice, from Lifehealthpro.com.