Remove Agents Remove Out-Of-Pocket Remove Premium
article thumbnail

Common Myths and Misconceptions About Final Expense Insurance: A Guide for Agents

Final Expense Brokerage

When discussing final expense insurance with clients, agents often encounter misconceptions that can prevent clients from seeing the value of these policies. This blog breaks down common myths and misconceptions surrounding final expense insurance, offering agents clear strategies and examples to educate and reassure clients.

Agents 130
article thumbnail

Helping Clients Navigate Marketplace Open Enrollment | Solstiuce

Solstice Insurance Broker

Break down the plans into digestible pieces: explain premiums, deductibles, and out-of-pocket costs in relatable terms. Understanding the Marketplace First things first understanding the healthcare marketplace is crucial. It offers a range of coverage options, from basic to comprehensive.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Agent Guide to Marketplace Advertising and Marketing Compliance

PSM Brokerage

As an agent, broker, or web-broker, you are tasked with connecting individuals and families with the health insurance they need, all while adhering to strict compliance guidelines. Fair Competition: Compliance creates a level playing field for agents and brokers. Do: Clearly state premium costs, deductibles, and coverage benefits.

Agents 52
article thumbnail

Medicare Supplement Sales: Steady, Reliable, and Full of Opportunity

PSM Brokerage

For agents, this means there is a consistent and growing pool of potential clients who value the comprehensive coverage and flexibility that Medicare supplements provide. Medicare supplements (or Medigap plans) offer: Predictable Costs: Clients appreciate the ability to budget for out-of-pocket healthcare expenses. Thats a 77.5%

article thumbnail

CMS Releases 2025 Medicare Part D Bid Information and Announces Premium Stabilization Demonstration

PSM Brokerage

Preliminary average Part D premiums will be released later this summer, with the finalized 2025 landscape available in mid-to-late September. billion in out-of-pocket prescription drug spending for people with Medicare Part D. The base beneficiary premium for 2025 will be $36.78, an increase of $2.08

Premium 69
article thumbnail

ACA open enrollment: what’s new for 2025

Healthinsurance.org

State-funded health insurance subsidies change in several states In addition to the ACA’s federal premium subsidies and cost-sharing reductions, several states offer additional state-funded subsidies that further offset enrollees’ premiums, out-of-pocket costs, or both. 4 For 2025, the program is expanding.

Premium 116
article thumbnail

The “1,2,3,4,5 Method” of Selling Hospital Indemnity Insurance with Medicare

Redbird Agents

Presenting hospital indemnity with every Medical insurance sale is a choice every agent has and most choose not to. Why do agents fall short cross selling hospital indemnity? Why do agents fall short cross selling hospital indemnity? If it doesn’t, it’s because you don’t want to cross sell and make more money!

Insured 130