Archive for June, 2013

Medicare Supplement Insurance Conference Savings End Soon

Wednesday, June 19th, 2013

Los Angeles; June 19, 2013 – Early registration savings for the only national conference exclusively focused on Medicare Supplement insurance, also commonly called Medigap insurance, will end shortly.  The conference, organized by the American Association for Medicare Supplement Insurance, takes place September 9-11, 2013 in Scottsdale, Arizona.

“The millions of Boomers qualifying for Medicare, the implementation of Obamacare, the latest from NAIC and the special technology showcase are just a few reasons this conference is likely to sell out,” explains Jesse Slome, executive director of the national organization, a sister organization of the American Association for Critical Illness Insurance.  “The conference which takes place every 18 months limits attendance to about 300 and we are rapidly approaching sold out status.”

Early registration savings for the conference end July 19, 2013 and the conference organizers they have already sold out discounted hotel rooms at the hotel where the conference will be taking place.

The Medicare Supplement Insurance conference features sessions focused on actuarial and pricing, administrative, marketing and sales as well as legislative issues.  “Attendees range from CEOs of insurance companies to producers who focus on the marketing and sale of Medigap policies,” Slome acknowledged.  Prior conferences held in Miami, Florida and Arizona have attracted 300 registrants.  “This is a conference where much networking and sharing of ideas takes place and we limit attendance to make it most meaningful for those who attend,” Slome adds.

Sponsors of the conference include Aetna, Cigna Supplemental Benefits, Agent Cubed, Hannover Life Re, Mutual of Omaha, KBM Group, CSG Actuarial, Milliman, Inc., Insurance Administrative Solutions, Medigap 360, Gen Re and CHCS Services, Inc.

To learn more about and obtain Medicare Supplement insurance conference call the organization’s offices at (818) 597-3205 or visit the Association’s website.

Medicare Supplement Insurance Trade Group To Offer Consumer Comparisons

Thursday, June 6th, 2013

Nearly 10 million Americans have Medicare Supplement insurance, also commonly called Medigap insurance according the American Association for Medicare Supplement Insurance, a sister organization to the American Association for Critical Illness Insurance.

“Medicare Supplement insurance can be confusing for consumers who are increasingly calling seeking answers,” explains Jesse Slome, executive director of the national organization.  “With 10,000 Baby Boomers turning 65 every day we are seeing an increase in the number of calls from across the country.”

To assist consumers seeking both information and price comparisons for Medicare Supplement insurance policies, the trade group initiated a Consumer Inquiry Center.  “We will start to address basic questions through our organization’s website and, if there is interest, connect the consumer with an insurance professional familiar with the policies available in their locality,” Slome notes.

There are 12 standardized Medicare Supplemental insurance plans – A through L.  Medicare Supplement is often also called Medigap.  Each plan has different benefits. Plan A has the fewest and is the least expensive, according to AAMSI. Plan J has the most and is the most expensive.

“It is important to note that all 12 Medicare Supplemental insurance plans are not available in every state,” Slome explains.  ”Massachusetts, Minnesota and Wisconsin have their own plans, each with different names,” he notes.    But the state-specific plan benefits are similar to the “national” plans.

The American Association for Medicare Supplement Insurance and the American Association for Long Term Care Insurance were established to advocate for the importance of planning and to support insurance and financial professionals who market Medigap insurance.  To learn more about and obtain Medicare Supplement insurance costs call the organization’s offices at (818) 597-3205 or visit the Association’s website.

Jesse Slome is Executive director of the three industry organizations and recognized as one of the nation’s leading experts in long term care insurance planning.