The Woes of State-Based Exchanges
What do Hawaii, Nevada, New Mexico, and Oregon have in common? They each established their own, state-based Obamacare exchanges – and they all failed. Kentucky will join the ranks after announcing that they will close down their state exchange by the end of 2017. In a recent report entitled Implementing Obamacare: A Review of CMS’… Read More
Health Insurance 2017: Open Enrollment – What Your Clients Need to Know
Many clients are enrolled in employer group health policies. Information about those plans will be sent to the employee directly from their employer. However, if your client buys health insurance on their own, they have several options for purchasing coverage: Directly from an insurance company selling health coverage From their state’s health insurance exchange (visit… Read More
State Regulators Take-Over NJ COOP – ONLY 2 OPTIONS REMAIN IN NJ MARKETPLACE
Regulators in New Jersey will take over Health Republic Insurance of New Jersey due to its “hazardous financial condition,” leaving the state with only two of their original seven marketplace insurers. More than 35,000 consumers will have to look for new coverage next year. New Jersey suffered a blow late last year when Oscar Health… Read More
An Opportunity to Expand Your Business
AMAC Broker Services, the only agency aligned with the Association of Mature American Citizens (AMAC) needs agents to offer Medicare products to AMAC’s over 1 million senior members. Within the next 10 years, AMAC expects to grow to 10 million members. This is an exciting opportunity for agents who want to grow their senior book… Read More
Aetna Pulls 2017 Exchange Expansion Plans
One of Obamacare’s biggest insurer supporters is reversing its exchange expansion plans after announcing significant loss projections in plans sold through the exchanges. Aetna CEO, Mark Bertolini, announced that the company would pull all their 2017 exchange expansion plans and reevaluate future participation in the exchanges. Aetna currently offers products in 15 states. Aetna’s announcement… Read More
2017 AEP Coming Soon and Tips to Growing your Book with Senior Market Products
AMAC Broker Services is excited to offer new senior market products to ensure that you meet the needs of your clients while offering you the opportunity for a financially successful 4th quarter in 2016! The senior market niche is growing faster than any other, and most agents remain unaware of the growth potential in working… Read More
Humana 2017 MAPD Recertification is Now Open!
REMINDER: Discounted AHIP Fees and AHIP Reimbursement. The discounted charge for the 2017 AHIP training is $125.00 per registration when accessed via the Humana Agent Portal. The general fee for the 2017 AHIP training is $175.00 per registration. To qualify for reimbursement: Agent took the courses through the Humana Agent Portal (Advantage) Agent enrolls ten… Read More
News Worthy
Does Marijuana Save Medicare Drug Costs? Critics be warned; marijuana may help put Medicare back in the black. In 2013, the first year that marijuana became legal in 17 states, the number of Medicare prescriptions for certain drugs dropped and there was also a reduction in Part D spending. A recent study published in Health… Read More