Industry News
The North Carolina Medicaid Expansion Began December 1, 2023. Here's what's new:
North Carolina has expanded who can get Medicaid starting December 1, 2023. Adults ages 19 through 64 earning up to 138% of the federal poverty line (e.g., singles earning about $20,000/year or families of three earning about $34,000/year) may be eligible. Current beneficiaries with full Medicaid coverage will not see any changes. The state expects to expand coverage to approximately 600,000 individuals in North Carolina.
Important developments are underway - hear the news from MassMutal Ascend: the Best Interest Standard is coming to multiple states!
Following the end of the continuous enrollment condition on March 31, 2023, states are now required to resume regular eligibility and enrollment operations for Medicaid and the Children’s Health Insurance Program (CHIP), including renewals and coverage terminations. As an agent or broker, you are an essential partner in connecting consumers with health insurance coverage during these transitions. This is also a great opportunity to grow your book of business or gain referrals and connections.
2024 Centene Medicare Advantage Star Ratings
Effective September 30, 2023, Aetna's decreased premium rates for the following ancillary plans in Florida (for new and existing business):
- Cancer and Heart Attack or Stroke Plus
(8% premium rate decrease) - Dental Insurance Plans
(2% premium rate decrease) - Dental Plus Insurance Plans
(2% premium rate decrease) - Hospital Indemnity Flex
(20% premium rate decrease)
Aetna updated the brochure, outline of coverage and rate sheets for these plans, which you can view, download, and order on the agent side of AetnaSeniorProducts.com (under Products > Order Supplies).
- Policies with an effective date on or after September 30, 2023 will receive the new rate.
- Existing policyholders will receive the rate decrease on their policy anniversary date.
If you have any questions, you can contact Aetna's Agent Services team using the Chat feature at AetnaSeniorProducts.com or by calling 866-272-6630.
An extension was granted by Connect for Health Colorado for those who were not able to complete their 2023-24 Returning Broker Certification Training.
Recertification training is now due Sunday, October 22, 2023 at 11:59 PM MST.