Non-Compliant OEP Marketing Ad By Insurance Agency?

[Northeast Agent]

Is it just me, or is the attached ad from a local insurance agency non-compliant?

The way I undestand it, agents/carriers aren't supposed to actively market the OEP the way this "expert" is. The ad is in a local weekly newspaper.

 

[Chazm]

Doesn’t look compliant in the least bit to me. But, you know they’ll never get in trouble.

 

[Northeast Agent]

Chazm said:

Doesn’t look compliant in the least bit to me. But, you know they’ll never get in trouble.

The agency in question has three offices. One of them hosts "Medicare 101" seminars Mon-Fri from 12:00-1:30pm and Tue evenings as well.

If they are such "experts," you think they'd know better than to risk it by running this ad.

 

[somarco]

LMGTFY

Some are paid ads

 

[Midlevel]

Can't put annuities on same ad either I'm sure. Also, you are correct about not being able to run an ad pushing OEP. Wonder what their DOI would think, maybe you should send it and find out.

 

[Chazm]

LMGTFY

Some are paid ads

I don’t see any issue with those ads. They are just saying that Medicare plans are available and other pages are just explaining the OEP. The Ad in question states that you can still purchase Medicare plans using the OEP.

 

[Northeast Agent]

Midlevel said:

Also, you are correct about not being able to run an ad pushing OEP. Wonder what their DOI would think, maybe you should send it and find out.

The PA DOI is useless, at least with agents complaining about other agents.

And wouldn't this be more of a CMS violation, anyway?

 

[StephanieCJ]

I’m with Chazm on this one. They are not marketing a specific plan for OEP, just telling what the options are. It’s borderline, but I would imagine it could get approval