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Over the course of 20 years, a Medicare insurance agent will earn $7,765 in commissions per Medicare Advantage plan sold compared to $3,381 per Medigap plan sold.
The initial Medicare enrollment period is when you should buy supplemental insurance , because it’s guaranteed issue. This private insurance closes the “gap” between what original Medicare ...
Guaranteed issue is a term used in health insurance to describe a situation where a policy is offered to any eligible applicant without regard to health status. Often this is the result of guaranteed issue statutes regarding how health insurance may be sold, or to provide a means for people with pre-existing conditions the ability to obtain health insurance of some kind.
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a law passed by the U.S. Congress on a reconciliation basis and signed by President Ronald Reagan that, among other things, mandates an insurance program which gives some employees the ability to continue health insurance coverage after leaving employment.
The trial period is part of the Medicare guaranteed issue rights, which allow a person to change plans without going through medical underwriting. View the original article on Medical News Today ...
The Hill-Burton Act of 1946, which provided federal assistance for the construction of community hospitals, established nondiscrimination requirements for institutions that received such federal assistance—including the requirement that a "reasonable volume" of free emergency care be provided for community members who could not pay—for a period for 20 years after the hospital's construction.
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