New Medicare Supplement Plan N information and rates are now available from Precision Senior Marketing (PSM), a Medicare FMO that serves the entire United States. Senior Insurance agents in the United States can contract through PSM to offer products from the nation’s best Medicare supplement insurance companies, including Mutual of Omaha, Gerber Life, Woodmen of the World and/or Assured Life, and Sentinel Life.

The new Medicare modernized plans took effect on June 1, 2010 and many insurance carriers are in the process of rolling out their new products throughout the country. Medicare Plans N and M are brand new to Medicare and are expected by many in the senior insurance industry to take the market by storm, especially Plan N. Medigap Plan N introduces a new co-pay structure that requires a $20 co-pay for physician visits, and a $50 co-pay for emergency room visits. Another great feature is that Plan N offers minimal to no underwriting, increasing accessibility to seniors over traditional Medicare supplement plan, such as Medigap Plan F.

“Since the June 1, 2010 effective date, Medicare Supplement Plan N has been selling faster than anything I’ve ever seen before in Medicare,” says PSM Agent Mike Wilson. “The incredible combination of a more affordable price and better access is going to make Plan N the choice for seniors in 2010 and beyond, especially for those who don’t often need medical care and are generally healthy.”

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.”

With PSM’s licensing process, agents can get contracted to offer Medigap Plan N to their clients in as little as 5 minutes. To learn more about PSM and Medicare supplement Plan N, insurance agents should visit http://www.psmbrokerage.com and/or call 1-800-998-7715.

Located in Austin, Texas, Precision Senior Marketing, LLC is a full-service, national insurance marketing organization dedicated to recruiting, servicing, and supporting the best senior market insurance agents in the United States. For more information visit http://www.psmbrokerage.com.

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