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AEP 2025: An AEP Like No Other

PSM Brokerage

These adjustments include a significant decrease in annual out-of-pocket expenses for prescription drugs (from $8,000 to $2,000) and introducing an option for beneficiaries to manage their Part D out-of-pocket costs through capped monthly payments on a new Medicare Prescription Payment Plan.

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Can You Have Private Insurance and Medicaid?

Smart Insurance Agents

This dual coverage can provide a broader range of medical services and reduce out-of-pocket costs. Coordination of benefits between Medicaid and private insurance maximizes healthcare coverage and minimizes out-of-pocket expenses, with Medicaid typically serving as a secondary payer.

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Medicare Advantage vs. Medicare Supplement Plans

PSM Brokerage

As an insurance agent, guiding your clients through Medicare options can feel like navigating a maze. Cost Medicare Advantage : Known for low or $0 monthly premiums, but clients may face higher out-of-pocket costs when accessing services. Cap on annual out-of-pocket costs. Cons : Limited provider networks.

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What is the Difference between HMO vs PPO

Smart Insurance Agents

Key Takeaways PPO plans offer flexibility in choosing providers without referrals, but come with higher premiums and out-of-pocket costs, while HMO plans are more cost-effective but restrict provider choices and require coordination through a primary care physician. Even though out-of-network care is covered, it comes at a higher cost.

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Insurance Coverage for Your Tiny House

Paragon Independent Insurance Agencies

This coverage will cover the cost of repairing your tiny home and reimburse any out-of-pocket expenses you incur as the primary owner. An agent can discuss various add-ons that your tiny home qualifies for. Home Insurance Like any other residence, a tiny home is eligible for various types of home insurance coverage.

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The Strength of Aflac Medicare Supplement Plans

PSM Brokerage

Why Agents Should Sell Aflac Medicare Supplement Plans When it comes to trusted names in the insurance industry, Aflac stands out as a company synonymous with reliability, innovation, and client-focused solutions. Medigap plans not only meet this need but also create opportunities for agents to build long-term client relationships.

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How Can Medicare Advantage Plan Be Zero Monthly Premium?

Smart Insurance Agents

Understanding monthly Medicare costs is essential for effective management of healthcare expenses. One of the significant advantages of Medicare Advantage plans is the out-of-pocket spending limit, which helps beneficiaries manage their healthcare costs. However, network restrictions are a key aspect of Medicare Advantage plans.

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