Medicare Insurance Association’s Directory of Local Medicare Agents Achieves Milestone

 Consumers accessing the American Association for Medicare Supplement Insurance’s online directory listing local Medicare agents increased by 80 percent during the first quarter of 2023.

“The record growth over the prior year demonstrates that more seniors recognize the value of seeking local expertise,” states Jesse Slome, director of the organization.

“Medicare is a national program but plan options are local,” Slome notes. “I think seniors are overwhelmed with the bombardment of Medicare television advertising and online solicitations. The result may be diminishing returns for those advertisers and greater dependence on seeking impartial local experts for information and guidance.”

The Association makes available the leading online national directory listing local Medicare insurance agents. “Many professional Medicare agents offer the full gamut of available options from Medicare Advantage to Medigap as well as Medicare prescription drug plans,” the AAMSI director explains. “Depending on where you live, a typical senior can choose among as many as 70 different companies offering different coverages. A local Medicare insurance professional can really help educate a confused senior and sift through the different options.”

The Association recently launched its Medicare Insurance Information Portal which can be accessed at https://www.medicaresupp.org/information/. “We will strive to make the Association’s website a leading resource for consumers seeking valuable information,” Slome adds.

Headquartered in Los Angeles, CA, the American Association for Medicare Supplement Insurance (AAMSI) advocates for the importance of educated planning. AAMSI supports insurance professionals who market Medicare insurance solutions. To access the free online directory that lists local Medicare Insurance agents go to https://www.medicaresupp.org/find-local-agent/. No personal information other than your Zip Code is required to access the directory listing.

American Association for Medicare Supplement Insurance
Jesse R. Slome
818-597-3205
https://www.medicaresupp.org

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  • Business

Plastic Medicare Card Fraud Solved

 It is time to put a stop to the plastic Medicare card scam. News outlets and non-profit organizations have warned potential victims about it for many years, but it is still happening. Criminals commit fraud by duping people into revealing their personal information, such as Medicare, Social Security, and bank account numbers, under the guise of a new government-issued card. This nefarious activity affects innocent seniors, who can lose access to healthcare and other resources. Furthermore, it causes victims emotional distress, as they worry about compromised personal information being used for identity theft.

Although it is valuable to inform seniors about this scam, this falls short, especially now. Platinum Marketing & Design, Inc. (PMD) recently introduced the first and only Plastic Medicare Card®. The process for creating the card is very secure. They neither require nor ask for any private information from any customers. Customers enter their data directly onto their secure website. All entered information is encrypted while in motion and at rest, stored in a database resistant to unauthorized access, and deleted immediately after printing in-house (no third-party printing services). It is inconvenient to resubmit personal information for additional or replacement cards. However, it is a small price to pay for the peace of mind of knowing data are safe from mishaps and deliberate threats. They never store payment information on their servers. Clients will be directed to a secure checkout page when they are ready to purchase. Customers can then pay with their preferred credit, or debit card. Data privacy & security are taken very seriously at PMD. Multiple layers of protection are in place to guard against cyber attacks that could steal or expose customer data. Customer data will never be sold.

Benefits of the Plastic Medicare Card® include (1) no wear & tear like the government-issued paper cards and (2) the process used to create it is unlike what fraudsters use. Suppose everyone is made aware of their legitimate process. In that case, fraudsters will eventually abandon the plastic Medicare card scam forever because all cardholders will know that getting a plastic card doesn’t require revealing private information to anyone over the phone or via email – except when criminals are involved. If everyone used the Plastic Medicare Card®, they could greatly reduce or eliminate plastic card fraud altogether.

Platinum Marketing & Design, Inc. (PMD), has been one of the most reliable companies in the printing industry for 14+ years. PMD’s outstanding reputation is backed by the highest ratings, recognition, and recommendations from multiple trusted sources. They are an A+ accredited business with the Better Business Bureau (BBB) and have thousands of satisfied customers. Google Business Reviews currently show 100% five stars. The company was vetted and awarded a registered trademark for Plastic Medicare Card® by the United States Patent and Trademark Office (USPTO); the USPTO is meticulous, requiring a high level of scrutiny.

Platinum Marketing & Design, Inc.

Joe Gallo

941-740-1214

www.pmd-fla.com.com

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Medicare Commission Recommends Lowering Home Care Payments Reports AAMSI

 The Medicare Payment Advisory Commission has recommended reducing the 2022 home health care base payment rate by 5 percent according to information shared today by the director of the American Association for Medicare Supplement Insurance.

“Medicare paid $17.1 billion in 2020 for home care according to the just-published report to Congress,” notes Jesse Slome, director of the Medicare and long-term care insurance advocacy organizations.

The report was issued by the Medicare Payment Advisory Commission., an independent congressional agency established by the Balanced Budget Act of 1997 to advise the U.S. Congress on issues affecting the Medicare program.

“Medicare spending on home care declined 4.7 percent compared to the prior year,” Slome noted on the call with agents who market Medicare and long-term care insurance protection. “The recommendation is especially important because when it comes to long-term care people want to remain in their own home more than ever.”

Slome reminded the professionals that the Medicare.gov website specifically explains that Medicare does not pay for many home care services that are considered long-term care. “Educating people is the key to making sure that they are properly prepared for whatever the future brings,” Slome advised. “Can Medicare and Medicaid expenditures keep growing at levels that some say are not sustainable? That’s a reason people should underate a little of their own planning.”

The Association posted some of the highlights of data from the March 2022 Report to Congress from the Medicare Payment Advisory Commission (MedPAC). To learn more about Medicare home care information go to https://www.medicaresupp.org/does-medicare-cover-home-care/.

The American Association for Medicare Supplement Insurance (AAMSI) and the American Association for Long-Term Care Insurance advocate for the importance of planning. For more information, visit the organization’s websites at www.medicaresupp.org and www.aaltci.org.

American Association for Medicare Supplement Insurance

Jesse R. Slome

818-597-3205

https://www.medicaresupp.org

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  • Finance

Nation’s Top Medicare Advantage Insurers Reported by Medicare Insurance Association

 UnitedHealthcare was the nation’s leading provider of Medicare Advantage plans according to a report shared today by the American Association for Medicare Supplement Insurance.

“UnitedHealthcare accounted for 27 percent of all MA plans followed by Humana with 18 percent,” shares Jesse Slome, director of the Medicare insurance advocacy organization. “As more consumers favor Medicare Advantage plan coverage, we are being asked which plans do people most frequently choose.”

According to the Association, some 29 million Americans are expected to be enrolled in a Medicare Advantage plan this year. “For the first time, that’s more than twice the number selecting a Medigap or Medicare Supplement plan,” Slome adds.

Some 14 percent of MA plans were offered by a Blue Cross / Blue Shield entity followed by CVS Health (Aetna) which was the choice of 11 percent of all plan participants in 2021.

“Picking the best Medicare plan option is more complex than ever,” declares Slome. “And competition for consumers has reached a frenzied pace, just looking at the hundreds of millions of dollars being spent on television ads featuring celebrity spokespeople.”

To help consumers seeking information, the organization makes available a national online directory listing local Medicare insurance agents who offer Medicare Advantage and Medigap plan information and rate comparisons. Access to the directory is free and completely private. Go to www.medicaresupp.org/find-local-agent/ for more information.

The American Association for Medicare Supplement Insurance (AAMSI) advocates for the importance of planning. See the listing of top Medicare Advantage plan insurers at www.medicaresupp.org/top-medicare-advantage-plans/.

American Association for Medicare Supplement Insurance

Jesse R. Slome

818-597-3205

www.medicaresupp.org

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Medicare Insurance Association Publishes Medigap Plan N Price Index

 A woman turning age 65 in Dallas could pay as little as $77.19 monthly for a Medigap Plan N policy according to the findings of a study by the American Association for Medicare Supplement Insurance. The highest available premium cost is $199.94.

“Medigap Plan N is the second most popular choice among seniors turning 65 and purchasing Medicare Supplement coverage,” explains Jesse Slome, director of the Medicare insurance advocacy organization. “While Plan N coverage is uniform the same can definitely not be said about the pricing.”

The organization reported lowest and highest premiums for men and women across 10 major metro areas.

The 2022 Medigap Plan N Price Index found that Phoenix had the highest available costs. “Insurers each get to decide how much they want to charge,” Slome said. “In some markets relatively few Medigap plans are available according to AAMSI. “In some cities 20 or more plan choices are available which makes comparing quite a daunting task.”

The analysis reported that some insurers added Policy Fees and some offered household or spousal discounts. “The discount can be as much as 14 percent which can result in significant savings over many years,” the Association director adds.

Headquartered in Los Angeles, the American Association for Medicare Supplement Insurance (AAMSI) advocates for the importance of planning. Access the full Plan N Price Index at www.medicaresupp.org/best-cost-medigap-plan-n-2022/

The organization makes available a national directory listing local Medicare insurance brokers who offer Medicare Supplement, Medicare Advantage and prescription drug plan information and rate comparisons. Access to the directory is free and completely private. Go to www.medicaresupp.org/find-local-agent/ for more information.

American Association for Medicare Supplement Insurance

Jesse R. Slome

818-597-3205

www.medicaresupp.org

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