Medicare Advantage & Part D
Medicare Advantage is a type of health insurance plan offered by private insurance companies that contract with Medicare. It combines the benefits of Medicare Parts A, B, and usually Part D (prescription drug coverage) into a single plan.
Medicare Advantage & Part D
Cash benefits are paid directly to the member to help cover the costs associated with hospital confinement, ambulance trips, skilled nursing stays, or household expenses while hospitalized. Hospital Indemnity Insurance benefits are payable no matter what other medical coverage the member may have.
Hospital stays can have a lot of costs associated that are non-medical and not covered by health insurance. Having the cash benefit can offset some of those costs and greatly reduce the out-of-pocket amount your clients will end up paying for things like transportation, a mortgage, meals for the spouse, lost time at work for the spouse, or prescription drug costs.
Reasons why insurance agents should offer Medicare Advantage
These plans bring an affordable pay as you go option for Medicare health insurance. In many circumstances, the low premium is attractive to the potentially insured, and low out-of-pocket cost for services help to push this product’s popularity. In addition to low out-of-pocket expenses, the plans typically offer additional benefits Original Medicare does not cover.
Medicare Advantage premiums are typically significantly less expensive than alternative choices, such as Medicare Supplement Plans, which makes them appealing to prospective customers.
The insurance offered is extensive, ensuring that your clients can feel secure knowing they have a policy tailored to meet their specific requirements.
In contrast to Medicare Supplement plans, Medicare Advantage plans may include prescription drug coverage as part of the plan.
This product comes with a strong compensation framework.
Carrier Certification Links & Resources
Medical Mutual
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Experience Health
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Blue Cross Blue Shield of NC
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HealthTeam Advantage
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Viva Health
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Frequently Asked Questions
- Certification
- MAPD Plans
- Training
How can I save money on my certifications?
There are several ways you can save money on your certifications. Take AHIP through one of the carriers that offer discounts, or take advantage of reimbursement based on current selling year AEP production. You can also study, focus and save money by passing it on the first try. Continue reading
Is there an AHIP user guide?
Of course! Here it is: AHIP User Guide
What are the release dates for certifications?
We add them as they come out. You can find them here.
How can I access the 2024 plans before October?
Become a VIP member! Our agents will have access to set of cheat sheets so they can filter down and compare the plans they are preparing to sell during AEP. Get access to the VIP Portal.
Will you be hosting AEP seminars?
Yes. We host our main roadshows once a year usually in August and September. Contact our marketers for more info.
When can I start marketing the plans to my customers?
The Annual Enrollment Marketing Period starts on October 1st. AEP goes from October 15th through December 7th.
Do you offer training?
We offer trainings and resources at our VIP portal. Check our Training and Events area to watch training videos on our technology, products, and marketing.
We also give ongoing training on our private Facebook Group. The purpose of this group is to keep you, the independent broker, up to date with everything happening in the Life and Health field of insurance. Your questions and comments are highly encouraged and we look forward to serving you. Enjoy! Join the group here.
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