How to help clients – and your community – avoid scammers exploiting new Medicare...
Mailing of the new cards started this month and will continue into next year. This provides a perfect opportunity for agents to be a hero by helping people avoid a slew of scammers by providing the facts and exposing common deception techniques.
Recent Medicare News
Just one-third of 61 million eligible for Medicare opt for MA plans
Mark Farrah Associates reports Medicare Advantage plan enrollment exceeds 21 million as of Feb. 2018, an increase of 7.6% compared to Feb. 2017.
New tool shows Medicare Advantage penetration by health plan and county in all 50...
A new, intuitive tool created by MedicareCompareUSA shows market penetration by county of Medicare Advantage plans, both in raw numbers and share of market.
9 worst scammers of 2017 named to Insurance Fraud Hall of Shame
An extensive (and expensive) list of perpetrators make up the “No Class of 2017” as determined by the Coalition Against Insurance Fraud.
Mutual of Omaha partners with Lumeris to enter Medicare Advantage market
The strategic alliance, starting with an MA plan in 2019, is intended to maximize choice for seniors by leveraging Mutual of Omaha’s customer-centered brand and Lumeris’ value-based model.
35% of 60 million Americans eligible for Medicare have MA plans
Mark Farrah Associates latest brief on enrollment trends in Employer-Group Medicare Advantage shows MA membership stood at 20.1 million as of Dec. 1.
Holiday present from CMS in the form of compliance training relief for producers?
Duplicative CMS recertifying requirements for Medicare agents could become a thing of the past thanks to new proposed rule.
Strange but true: Wacky things and trivia nuggets from the world of insurance
No doubt insurance is a serious business. But that doesn’t mean a lot of silly or curious things related to insurance won’t pop up in the news from time to time.
Medicare Advantage networks include less than half of physicians in a county, on average
New Kaiser Family Foundation study documents trade-off between private Medicare plans and traditional Medicare; shows more than 1 in 3 Medicare Advantage enrollees were in a plan with a narrow network while about 1 in 5 were in broad-network plans.
U.S. News releases list of top-rated 2018 Medicare plans by state
Medicare Part D plans in 11 states and Medicare Advantage plans in 15 states (and the District of Columbia) earned maximum 5-star ratings in the U.S. News & World Report 2018 Best Medicare Plan ratings, updated on Oct. 19.
CMS reveals new Medicare card design
Removing Social Security numbers intended to strengthen fraud protections for about 58 million Americans; New cards will begin being mailed next April.