Medicare Inflation Rebate Drug List, Mint Mobile, and More

03/17/23 • 13 min

The Friday Five for March 17, 2023: The first Medicare inflation rebate drug list; possible legislation coming for PBMs; February CPI, bank failures, and interest rates; Mint Mobile; and Meta’s “Year of Efficiency.” Gain Access to The Ritter Platform, Medicare Quote Engine, and More Tools for Insurance Agents Follow Us on Social!

Ritter on Facebook, https://www.facebook.com/RitterIM Instagram, https://www.instagram.com/ritter.insurance.marketing/ LinkedIn, https://www.linkedin.com/company/ritter-insurance-marketing TikTok, https://www.tiktok.com/@ritterim Twitter, https://twitter.com/RitterIM and Youtube, https://www.youtube.com/user/RitterInsurance

Sarah on LinkedIn, https://www.linkedin.com/in/sjrueppel/ and Instagram, https://www.instagram.com/thesarahjrueppel/

Tina on LinkedIn, https://www.linkedin.com/in/tina-lamoreux-6384b7199/

Resources:

2023 State of the Senior Market: In Review: https://agentsurvivalguide.podbean.com/e/2023-state-of-the-senior-market-in-review/

Annuities vs. 401(k)s: Examining Differences That Can Matter to Clients: https://agentsurvivalguide.podbean.com/e/annuities-vs-401ks-examining-differences-that-can-matter-to-clients/

Helping Medicare Clients Who Have Powers of Attorney or Conservatorships: https://agentsurvivalguide.podbean.com/e/helping-medicare-clients-who-have-powers-of-attorney-or-conservatorships/

Medicare Solvency, Connecting with Medicaid Beneficiaries, & More: https://agentsurvivalguide.podbean.com/e/medicare-solvency-connecting-with-medicaid-beneficiaries-more/

The Power of Listening & Laughter: https://agentsurvivalguide.podbean.com/e/the-power-of-listening-laughter-monday-motivation/

References:

Explaining the Prescription Drug Provisions in the Inflation Reduction Act: https://www.kff.org/medicare/issue-brief/explaining-the-prescription-drug-provisions-in-the-inflation-reduction-act/#bullet02

Fact Sheet: Medicare Prescription Drug Inflation Rebate Program Initial Guidance: https://www.cms.gov/files/document/inflation-rebate-fact-sheet-february-2023.pdf

FACT SHEET: Seniors Across the Country Are Saving Millions of Dollars in Health Care Costs Because of President Biden’s Prescription Drug Law: https://www.whitehouse.gov/briefing-room/statements-releases/2023/03/15/fact-sheet-seniors-across-the-country-are-saving-millions-of-dollars-in-health-care-costs-because-of-president-bidens-prescription-drug-law/

Inflation Reduction Act Tamps Down on Prescription Drug Price Increases Above Inflation: https://www.hhs.gov/about/news/2023/03/15/inflation-reduction-act-tamps-down-prescription-drug-price-increases-above-inflation.html

Is My Money Safe?: https://www.aarp.org/money/investing/info-2023/fdic-and-more-insurance-faqs.html

Meta gives up on NFTs for Facebook and Instagram: https://www.theverge.com/2023/3/13/23638572/instagram-nft-meta-facebook-quits-digital-collectibles

Meta is cutting its Reels P...

Sarah on LinkedIn, https://www.linkedin.com/in/sjrueppel/ and Instagram, https://www.instagram.com/thesarahjrueppel/

Tina on LinkedIn, https://www.linkedin.com/in/tina-lamoreux-6384b7199/

Resources:

2023 State of the Senior Market: In Review: https://agentsurvivalguide.podbean.com/e/2023-state-of-the-senior-market-in-review/

Annuities vs. 401(k)s: Examining Differences That Can Matter to Clients: https://agentsurvivalguide.podbean.com/e/annuities-vs-401ks-examining-differences-that-can-matter-to-clients/

Helping Medicare Clients Who Have Powers of Attorney or Conservatorships: https://agentsurvivalguide.podbean.com/e/helping-medicare-clients-who-have-powers-of-attorney-or-conservatorships/

Medicare Solvency, Connecting with Medicaid Beneficiaries, & More: https://agentsurvivalguide.podbean.com/e/medicare-solvency-connecting-with-medicaid-beneficiaries-more/

The Power of Listening & Laughter: https://agentsurvivalguide.podbean.com/e/the-power-of-listening-laughter-monday-motivation/

References:

Fact Sheet: Medicare Prescription Drug Inflation Rebate Program Initial Guidance: https://www.cms.gov/files/document/inflation-rebate-fact-sheet-february-2023.pdf

Is My Money Safe?: https://www.aarp.org/money/investing/info-2023/fdic-and-more-insurance-faqs.html

Meta gives up on NFTs for Facebook and Instagram: https://www.theverge.com/2023/3/13/23638572/instagram-nft-meta-facebook-quits-digital-collectibles

Meta is cutting its Reels P...

Previous Episode

2023 State of the Senior Market: In Review

In case you missed it, we’re recapping our State of the Senior Market 2023 event. Craig Ritter reported on Medicare enrollment stats, industry trends, and upcoming regulations proposed by CMS in their 2024 Advance Notice. Read the text version Follow Us on Social!

Sarah on LinkedIn, https://www.linkedin.com/in/sjrueppel/ and Instagram, https://www.instagram.com/thesarahjrueppel/

Tina on LinkedIn, https://www.linkedin.com/in/tina-lamoreux-6384b7199/

Resources:

5 Things About CallVault (Compliant Sales Call Recording): https://agentsurvivalguide.podbean.com/e/5-things-about-callvault-compliant-medicare-sales-call-recording-the-friday-five/

2023 Maximum Broker Commissions for Medicare Advantage & Medicare Part D: https://agentsurvivalguide.podbean.com/e/2023-maximum-broker-commissions-for-medicare-advantage-medicare-part-d/

Here’s How You Can Record Your Medicare Sales Calls Like a Pro Using CallVault: https://www.ritterim.com/blog/heres-how-you-can-record-your-medicare-sales-calls-like-a-pro-using-callvault/

Health Risk Assessment Instructions - The Ritter Platform: https://docs.ritterim.com/products/hra/ (Requires RitterIM.com login)

How to Write a Medicare Supplement Call Script that Really Works: https://agentsurvivalguide.podbean.com/e/how-to-write-a-medicare-supplement-call-script-that-really-works-2022/

Insurance Agents as TPMOs: What 2023 CMS Compliance Regulations Mean for You: https://agentsurvivalguide.podbean.com/e/insurance-agents-as-tpmos-what-2023-cms-compliance-regulations-mean-for-you/

Major Compliance Changes Are Coming to Medicare Advantage & Part D for 2024: https://agentsurvivalguide.podbean.com/e/major-compliance-changes-coming-to-medicare-advantage-part-d-for-2024/

Ritter Insurance Marketing Joins Integrity Marketing Group: https://www.ritterim.com/blog/ritter-insurance-marketing-joins-integrity-marketing-group/

Ritter Carriers: https://www.ritterim.com/products/by-carrier/

The Future of Medicare Part D: The Push Toward MAPD: https://www.ritterim.com/blog/the-future-of-medicare-part-d-the-push-toward-mapd/

The Ritter Platform: https://www.ritterim.com/agent-tools/the-ritter-platform/

The Ritter Platform Launches CallVault for Compliant Medicare Sales Call Recording: https://www.ritterim.com/blog/the-ritter-platform-launches-callvault-for-compliant-medicare-sales-call-recording/

Watch the full State of the Senior Market presentation by Craig Ritter: https://www.ritterim.com/blog/2023-state-of-the-senior-market-in-review/

What the Inflation Reduction Act Means for Your Medic...

Next Episode

FMO vs. IMO vs. NMO vs. MGA vs. GA: What’s the Difference?

We've got a lot of jargon for agents to keep up with in the insurance industry. In this episode, we unpack the acronyms for the types of individuals and organizations that exist in the industry to help you make your some of your business decisions a whole lot easier. Read the text version

See the tools and resources Ritter has to offer by registering for your FREE account at RitterIM.com!

Gain Access to The Ritter Platform, Medicare Quote Engine, and More Tools for Insurance Agents: https://app.ritterim.com/public/registration/

Sarah on LinkedIn, https://www.linkedin.com/in/sjrueppel/ and Instagram, https://www.instagram.com/thesarahjrueppel/

Tina on LinkedIn, https://www.linkedin.com/in/tina-lamoreux-6384b7199/

Resources:

3 Advantages of Being an Independent Insurance Agent: https://www.ritterim.com/blog/3-advantages-of-being-an-independent-insurance-agent/

4 Perks of Partnering with an FMO: https://agentsurvivalguide.podbean.com/e/4-perks-of-partnering-with-an-fmo/

4 Reasons Why Ritter Should Be Your FMO Insurance Agency: https://agentsurvivalguide.podbean.com/e/4-reasons-why-ritter-should-be-your-fmo-insurance-agency/

Agent Survival Guide Podcast Official Site: https://www.ritterim.com/podcast

Everything You Get With Your Ritter Registration:https://www.ritterim.com/blog/everything-you-get-with-your-ritter-registration/

FAQs About Working with Ritter Insurance Marketing: https://agentsurvivalguide.podbean.com/e/faqs-about-working-with-ritter-insurance-marketing/

Ready to Join an FMO? 10 Things to Consider: https://www.ritterim.com/blog/ready-to-join-an-fmo-10-things-to-consider/