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New Medicare Advantage Marketing Rules Help People Make Informed Choices, Allsup Says, ,
Date:11/19/2008

="linkClick( this.href );" target="_blank" title="CMS guidelines">revised compensation guidelines for agents and brokers selling Medicare Advantage options, further safeguarding plan participants from potentially overaggressive sales tactics.

Overall, CMS reports that the vast majority of Medicare beneficiaries are pleased with their Medicare Advantage plans. These regulations are designed to ensure that all beneficiaries have the same experience, and the CMS is beefing up enforcement through surveillance. During last year's open enrollment, the CMS required three organizations to take corrective steps and suspended another organization's marketing activities.

Having the option to use a Medicare Advantage program vs. traditional Medicare has been a great benefit to a number of people, with about 10.1 million individuals now enrolled in Medicare Advantage plans compared to just 5.3 million five years ago, according to the Henry J. Kaiser Family Foundation. These plans, at a minimum, cover everything offered by traditional Medicare Parts A and B (hospital and outpatient services). They also may offer additional benefits not covered by traditional Medicare such as dental care or prescription drug programs. Out-of-pocket costs also are likely to be less with a Medicare Advantage plan than if using traditional Medicare and a Medigap policy. Additionally, Medicare Advantage plans generally must cover pre-existing conditions, som
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New Medicare Advantage Marketing Rules Help People Make Informed Choices, Allsup Says, ,
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