ITK Insurance

CMS is Cracking Down on Misleading Medicare Advantage Ads: What You Need to Know

May 6, 2023May 5, 2023 by Maria Williams

Starting September 30, 2023, there are going to be some new regulations in place for Medicare Advantage (MA) advertising. Celebrities like Joe Namath, William Shatner, or Jimmy Walker will need to disclose which insurance plan they are endorsing, and they can’t misuse the Medicare logo or card to make it seem like they represent the federal government. This is all part of a larger effort by the Centers for Medicare & Medicaid Services (CMS) to crack down on misleading marketing schemes by health insurance companies. For example ads for Medicare …

May is Older Americans Month!

May 4, 2023 by Maria Williams

Did you know that Older Americans Month has been celebrated since 1963? Back then, only 17 million Americans had turned 65, and unfortunately, many were living in poverty with very little support. However, things were beginning to change as more people became interested in improving the lives of older Americans. In April of that year, President John F. Kennedy met with members of the National Council of Senior Citizens, which eventually led to the designation of May as “Senior Citizens Month.” This was the start of what we now know …

Don’t Burden Loved Ones With Your Funeral Expenses

May 4, 2023May 3, 2023 by Maria Williams

Have you ever thought about how your funeral expenses will be covered? We understand that losing a loved one can be an emotional and stressful time, and the last thing we want is to add financial pressure on top of that. That’s where final expense insurance (also known as burial or funeral insurance) can come in handy, as it can alleviate the financial burden on your family members by covering the costs of your final expenses. Guaranteed issue life insurance is a type of life insurance policy that is specifically …

Small Business Week

May 1, 2023 by Maria Williams

ITK Insurance wants to remind you that National Small Business Week is happening from April 30 to May 6, 2023, and if you are a small business owner, there are many ways to take advantage of this week. Here are some tips: 1. Attend the NSBW Virtual Summit Join the National Small Business Week Virtual Summit, hosted by the U.S. Small Business Administration and SCORE, to connect with industry experts and peers, and learn new business strategies. 2. Use Social Media to Level the Playing Field – Take advantage of …

Senior Panel on Aging: Medicare Scams, Estate Planning, and Funeral Pre-Planning

April 27, 2023April 25, 2023 by Maria Williams

As a health and life insurance agent, I attended the Senior Panel on Aging hosted by Senior Advocate and held at a local church. I had advertised our services in the program information and was curious to see how the handouts were received and how people interacted with them. Little did I know that the panel would provide me with eye-opening information on various topics such as the Senior Medicare Patrol in VA, common healthcare scams, estate planning with an attorney, Alzheimer’s and home healthcare information, and even funeral planning. …