Medicare Supplement Plan N Expected To Be Among Highest Selling Plans

Medicare Supplement Plan N quote

Medicare Supplement Plan N quote

Precision Senior Marketing (PSM), a national distributor for the nation’s leading insurance companies, including Mutual of Omaha, Gerber Life, Woodmen of the World and/or Assured Life, and Sentinel Life, announced today that it is providing rates and information for the new Medicare Supplement Plan N. PSM is a national Medicare FMO dedicated to serving up the latest news and info on all modernized Medigap plans.

Starting on June 1, 2010 new Medicare supplement (Medigap) plans M & N will take effect. The latter will offer senior citizens low premiums never before seen with Medicare supplements, as it incorporates a new co-pay structure that requires a $20 co-pay for physician visits and a $50 co-pay for emergency room visits. Additionally, Medigap Plan N has minimal to no underwriting, making it much more accessible to seniors than traditional Medicare supplement insurance plans.

Medicare Supplement Plan N is going to be huge and will spark a shift away from Medicare Advantage,” says PSM President Lucas Vandenberg. “The incredible one-two punch of lower price and higher accessibility is going to make Medigap Plan N the best choice for most seniors in 2010, especially for those who are healthy and don’t have a large income.”

PSM expects Medigap Plan N to successfully compete directly with Medicare Advantage plans. Though Plan N mimics the cost-sharing structure and pricing of Medicare Advantage, it differs in that it has no network restrictions and much lower out-of-pocket liabilities for seniors. Also, the standardization of Plan N provides both seniors and their insurance agents with stability they don’t get with Medicare Advantage plans.

Many other experts in the Medicare industry agree that Medicare Supplement Plan N will definitely attract seniors who can’t afford traditional Medigap plans, and those healthy baby boomers just becoming eligible for Medicare. “Word is spreading fast about Plan N among my clients,” says senior market insurance agent Jason Patterson. “Many of the initial rates I’m seeing are better than I expected, and when I pass on that information to my clients they are pleasantly surprised.”

PSM invites senior insurance agents to visit its website at http://www.psmbrokerage.com and/or call 1-800-998-7715 to learn more about Medicare Supplement Plan N products. And with PSM’s licensing process, agents can get contracted with the industry’s leading carriers in as little as five minutes.

As the nation’s leading Medicare supplement broker, Precision Senior Marketing provides its agents with only the market’s best products that include Medicare supplements, life insurance, annuities, long term care insurance, final expense insurance, and other insurance products that provide security and a peace of mind for the nation’s exploding senior population.

Want to find out more about medicare supplement plan n? Then visit Alex Stone’ssenior insurance marketing site.

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