NE/PA Medicare Advantage "Gap" Plan

Aug 1, 2016

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  1. agentjhc
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    agentjhc Guru

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    Can anyone enlighten me on the New Era/Philadelphia American Medicare Advantage Gap Plan? Is it being sold, how does it work, is it an urban legend?
     
  2. Todd King
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    Todd King IMO/FMO Owner

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    Let's do a play on words. Let me call this something else. Since a "Gap" plan is also know as a Medicare Supplement, I doubt very seriously there is a think called Medicare Advantage supplement Plan.

    Of course, one other loose use of the word "Gap" could be referring to a HIP plan.

    I'm just reaching to try and make sense of this so-called plan.
     
  3. goillini52
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    goillini52 KeepAmericaGreat...Eat Bacon & BUILD THAT WALL!!!

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    They do have a new Medicare Advantage Gap plan. I don't know anything about it other than you have to get set up through the Home Office. I'm sure you're right about it being some form of a HIP.
     
  4. vic120
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    vic120 Guru

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    if one is certified to sell MA/PDP then I would not use the word Gap plan in connection with MA plan, Even if I didn't sell the MA plan
     
    vic120, Aug 1, 2016
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  5. agentjhc
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    agentjhc Guru

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    I agree.................I am sure someone has knowledge and will drop it on us shortly. Seems odd you have to call for info rather than have it readily available.
     
    Last edited: Aug 1, 2016
  6. thomasm
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    thomasm Guru

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    I filling out my New Era contract for TX and saw it mentioned in the commission and contract sections.

    Whatever it is it pays 50% FYC and in order to get advanced you need to have a combined 10 med supp and MA GAP policies "Issued and Paid For"

    It also says you MUST be MA GAP appointed.

    Weird none of the recruiters on here know anything about this product. Their under 65 product division seems to be a big secret too.
     
    thomasm, Sep 1, 2016
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  7. Glen Shelton
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    Glen Shelton Guru

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    I might be wrong but I spoke with an agent a few months ago who mentioned a stellar U65 health product and I think the carrier he mentioned was New Era.

    It only stood out to me because I don't hear much about U65 these days ... Lol
     
  8. 1manshow
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    1manshow Guru

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    We sell it...nice gap product...tough underwriting

    You only need to ask and they'll add it to your authority
     
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