Tag Archives: Senior

Senior Market Sales Partners with Loyal Christian Benefit Association to Launch New Medicare Supplement Insurance Plans in 6 States


OMAHA, NEB. (PRWEB) September 17, 2014

Senior Market Sales (SMS) today unveiled its latest exclusive product offering – Medicare Supplement insurance plans by Loyal Christian Benefit Association (LCBA). Six states have approved the plans: Arizona, Kentucky, Montana, Nebraska, Pennsylvania and Rhode Island. Approvals are pending in nine states.

The launch marks the first foray into Medicare Supplement for LCBA, which serves more than 32,000 members in 28 states and the District of Columbia with life insurance, annuities and funeral pre-arrangement funding products. Founded in 1890, LCBA is a fraternal benefit society, a non-profit organization that returns earnings of its financial products to member customers and their communities in the form of direct member benefits and support of local community service projects.

SMS partnered with LCBA as the exclusive distributor of LCBA’s Medicare Supplement insurance plans. SMS has been a leader in the Medicare Supplement market for more than 30 years and has evolved into a full-service insurance marketing organization offering Medicare Advantage and Medicare Part D, annuities and life, long-term care, dental and travel insurance among other products and services.

“Independent agents selling LCBA’s Medicare Supplement through SMS will appreciate LCBA’s telephonic applications, because they provide on-the-spot underwriting decisions, freeing up the agent to produce more,” said Dwane McFerrin, SMS’ vice president of Medicare Solutions. “It’s an attractive product by itself, but we’re especially excited to see how well it will do when combined with the support that only SMS offers independent agents.”

Agents who work with SMS have access to insurance experts, lead programs, field-tested direct mail programs and proprietary technology that includes online quoting and contact management.

“LCBA chose to partner with SMS because of its success and leadership in the industry and its reputation for supporting independent agents who are dedicated to finding the right product for their clients’ needs,” said Doug Tuttle, LCBA’s CEO and president. “We know from our roots dating back to 1890 that people want to work with organizations that give back to their communities. We wanted to partner with an organization that could help us serve even more people and more communities. SMS has that reach.”

LCBA offers members value-added benefits at no extra charge, including:

Donation of $ 75 to the qualified church or charity of the member’s choice after 13 months as an LCBA member
Scholarship opportunities
Discount program benefits (identity recovery assistance after ID theft, prescription savings program, hearing aid discounts and more)

Agents wanting more information on LCBA’s Medicare Supplement can visit http://www.lcbamedsupp.com or call SMS at 1-877-888-9996.

About Senior Market Sales

Senior Market Sales is a national insurance marketing organization, representing top Medicare Supplement, Medicare Advantage, annuity, life, long-term care, and travel insurance carriers in all 50 states. More than 30,000 independent insurance agents rely on Senior Market Sales for proprietary technology, competitive insurance products, expert training and service to help them leverage their time, make more money and put their business in a position of distinction. Founded in 1982, Senior Market Sales is headquartered in Omaha, Neb. Visit http://www.SeniorMarketSales.com for more information.

About LCBA

Founded in 1890, LCBA (Loyal Christian Benefit Association) is a fraternal life insurance society: a non-profit corporation that operates under the “common bond” of Christianity and returns earnings from the sale of financial service products to its member customers and their communities in the form of direct member benefits and support of local community service projects. Like for-profit life and health insurers, LCBA offers insurance products and is chartered in accordance with and under the supervision of state insurance law. LCBA is based in Erie, Pa.

Senior Market Sales, Inc. and Loyal Christian Benefit Association are not connected with or endorsed by the United States government or the federal Medicare program.

For Agent Use Only







58% Of Seniors Worried Their Health Plan Could Be Cancelled – According To New Poll By The Senior Citizens League


Alexandria, VA (PRWEB) March 20, 2014

One of the most politically incendiary issues of last fall’s Obamacare launch may turn into a major issue with senior voters in 2014, says The Senior Citizens League (TSCL), a nonpartisan seniors organization. According to a new poll released today by TSCL, 58 percent of seniors, including those over the age of 65, say that they are worried that their health plan could be cancelled to meet new Obamacare requirements, versus 42 percent who said they aren’t.

Most of TSCL’s members and supporters are seniors 65 and older with Medicare coverage. The poll, which was conducted late January to mid February, was designed to test seniors’ perceptions about the confusing new health law. It did not distinguish between seniors 65 and over who are covered by Medicare, and seniors under the age of 65 who are now required to have health insurance under the new healthcare law. The poll simply asked, “Are you worried that your health plan could be cancelled to meet new Obamacare requirements?”

“Clearly, older seniors with Medicare perceive themselves as affected by Obamacare,” states TSCL Chairman, Ed Cates. “That’s important for Members of Congress to understand, since public perception of issues decides elections,” he notes. “It would be a mistake to underestimate the concerns that Medicare – eligible seniors have about Obamacare, even though these individuals are not mandated by law to purchase a plan on the new federal health exchange,” he observes.

TSCL points out that older seniors have different Obamacare worries than those of seniors under the age of 65. “The 2015 rates for Medicare Advantage plans have yet to be announced, but seniors 65 and over are already worried that they could be affected by successive funding cuts made to plans under the new health law,” notes Cates.

The TSCL poll was conducted just prior to the Obama Administration’s recent announcement that healthcare consumers may be able to renew older insurance plans that don’t meet the health law’s benefit requirements for another two years — if their states allow it. “TSCL believes the new rule is important to protect individual policy holders from further disruption, but we remain concerned that the rule alone may not go far enough,” says Cates. “Another round of older plan cancellation notices would be due to go out just prior to election day, and that could be a determining factor for voters,” he adds.

What is your experience with Obamacare? TSCL is soliciting stories and comments from seniors. Visit TSCL at sLeague.org.

With about 1 million supporters, The Senior Citizens League is one of the nation’s largest nonpartisan seniors groups. Located just outside Washington, D.C., its mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and paid for. The Senior Citizens League is a proud affiliate of TREA The Enlisted Association. Please visit http://www.SeniorsLeague.org or call 1-800-333-8725 for more information.







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