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    industry updates9

    Important and up to date news regarding the insurance industry.

    CMS Issues New Resource and Cost-Sharing Limits for LIS/Extra Help

    The Centers for Medicare & Medicaid Services (CMS) is releasing guidance on the updated resource limits for individuals who apply and qualify for the low-income subsidy (LIS). As described at 42 CFR 423.772, resources include bank accounts, stocks, bonds, and other liquid resources that can be readily converted to cash within 20 days, as well as real estate that is not the beneficiary’s primary residence.

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    SureBridge Supplemental Product Incentive

    SureBridge announced a new bonus incentive program for select products!

    Agents can earn $25 in addition to commissions for every eligble application submitted Oct. 15 - Dec. 15, 2021.

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    National Life: Forms 8121/8122 Update

    Effective October 30, there will be updates to the Life Product Application Forms 8121/8122. With eApp, you’ll automatically have the most current forms.

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    Medico's New Hospital Indemnity Incentive

    In addition to the Medicare Supplement and Dental incentives now available, Medico is announcing a Hospital Indemnity incentive for you. The incentive applies toward qualified Hospital Indemnity applications submitted between Oct. 15, 2021, and Dec. 7, 2021. A minimum of three applications is required to qualify during the AEP bonus period.

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    Aetna Senior Supplemental - Idaho Continental Care Plan Update

    With the availability of Aetna's new Protection SeriesSM plans in Idaho, they will no longer accept new applications for Continental Care plans in Idaho as of October 21, 2021.

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