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Archive for November, 2008

I submitted my suggestions to NAIFA – PA to roll up to AHIA (the Health Conference of the National Association of Insurance and Financial Advisors).  The Executive VP of the Pennsylvania branch, Jan Hartman, Esq., has passed these comments on to Diane Boyle, EVP of AHIA.  She appreciated the input! As you can see from [...]

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We have writing agent level commissions for all our companies except for 2 at this point.  One is being released at 11am ET and the other should be no later than 2pm ET.  Once we have all of the commissions we will be sending out an e-mail to all appointed agents with all writing agent level commissions. [...]

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Here is an article from the WSJ: This is from the AP on the price increases for Part D. Also, this from the Chicago Trib.

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Special thanks to Gary A. for sending this to me! Note that this affects NEW PATIENTS only.  Also, exceptions will be make for emergency care or for those who need a level or type of care the isn’t available elsewhere in the region. NOTE:  Geisinger Health System is the Hospital/Doctor system.  They own Geisinger Health [...]

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If you plan to sell or have sold Chronic Condition Special Needs plans, you will want to be aware of this. There are a number of Special Needs plans on the market today for those with “Chronic Conditions”.   As a part of the MIPPA law, CMS was directed to convene a panel to determine which [...]

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I made a number of updates this weekend on procedures in working with Coventry: See Submitting business page for updates on Use of the new Agent Writing Number (AWN) in the Critical Info Section.  Also, I provided updated guidance on how to use their Telephonic Enrollment procedure. In the Websites section, I added information on [...]

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Just for Fun

I saw a commercial tonight for 1-800-MEDICARE.    Just for fun, I was wondering if all of the Medicare beneficiaries who have Part D took them up on their advice and called 800-MEDICARE, how many call center employees it would take to service them??  Assume the call took 30 minutes, 15 minutes to evaluate the plans [...]

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I’ve heard from one of the companies now that this form is supposed to be used for ANY AND ALL Medicare Advantage companies as an “interchangable” Scope of Appointment or Confirmation of Appointment form. This seems to make much more sense than having a seperate form for every company when you don’t really know which [...]

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I got this as a part of a bulk e-mail from NAHU tonight.  Apparently, they are in the process of preparing detailed comments on behalf of the NAHU members.  Here is the full story: On September 15, The Centers for Medicare and Medicaid Services (CMS) released rules containing marketing requirements for health insurance producers selling private Medicare Advantage plans [...]

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Yesterday’s 50%+ drop in stock price seems to revolve around a myriad of issues: Debt is coming due in 6 months as they are in default on $153.2 million loan facility.  Company is working with Goldman-Sachs to raise capital.  This is problem is compounded by #’s 2, 3, 4 and 5 below which may create difficulty [...]

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