2021: What's New in Life & Health?

A brief overview of updates in Medicare, the ACA and Social Security Benefits for 2021

$4.00 + your state filing fee
2 Credit Hours

This course favors L&H insurance agents but is applied as general credit for all agents.

COURSE DIFFICULTY

INTERMEDIATE
This course covers the following topics:
  • Updates that will impact Social Security benefits in 2021
  • A review of key changes occurring in 2021 when it comes to the Affordable Care Act – including updated employer mandate penalty numbers, catastrophic plan deductibles, the current in-network, out-of-pocket maximums, and more.
  • A brief update on changes happening with Medigap plans – as well as a general recap of the current Medigap plans available on the market today
  • The latest changes in Medicare: updated premium numbers, deductibles, as well as general enrollment changes

Summary

Every fall, there is a flurry of activity in the insurance world – and not just because of open enrollment. Producers are also having to get up-to-date with the latest policy changes and information released from the federal government – from the ACA premiums to the Medicare Part A coinsurance amounts. In this course, we will do an overview of the latest information, updates, changes and figures when it comes to life and health insurance. We’ll begin with a look at the latest changes in Medicare: updated premium numbers, deductibles, as well as general enrollment changes. Then we’ll do a brief update on changes happening with Medigap plans – as well as a general recap of the current Medigap plans available on the market today. After the Medicare portion, we will do a review of key changes occurring in 2021 when it comes to the Affordable Care Act – including updated employer mandate penalty numbers, catastrophic plan deductibles, the current in-network, out-of-pocket maximums and more. Lastly, we’ll conclude with some updates that will impact Social Security benefits in 2021 – whether it’s the cost of living adjustment (COLA) to quarter of coverage updates.

Outline

1. Medicare

  • Purpose of the Course
  • 1.1 Medicare 101
  • 1.2 Medicare Part A
  • 1.3 Hospital Deductibles and Copays and Skilled Nursing Care
  • 1.4 Medicare Part B
  • 1.5 Medicare Advantage Updates
  • 1.6 Medicare Part D Updates
  • 1.7 Medigap Changes for 2021
  • 1.8 Medicare Plan Finder Introduced
  • 1.9 Summary
  • Chapter 1 Quiz

2. The Affordable Care Act (ACA)

  • 2.1 Overview
  • 2.2 Background on Plan Levels
  • 2.3 Changes in Plan Levels for 2020
  • 2.4 Employer Mandate Penalty Updates
  • 2.5 Updated Cost-Sharing Limits
  • 2.6 Affordability in 2020
  • 2.7 Summary
  • Chapter 2 Quiz

3. Social Security Benefit Updates for 2021

  • 3.1 Overview
  • 3.2 Cost of Living Adjustment (COLA) Info for 2020
  • 3.3 Increase to Full Retirement Age and Maximum Monthly Benefit
  • 3.4 Payroll Tax, SSDI Thresholds, Early Filers Withholding Threshold
  • 3.5 Work Credits
  • 3.6 2020 Social Security Changes Overview
  • 3.7 Summary
  • Chapter 3 Quiz

FAQ

Q: What should I expect from this online course?

A: We use a unique system to help you learn the material easily. Our online courses present you with information in large type that is easy to read. We highlight key items in gray and quiz you after each chapter to make sure you are learning critical information. You may review the material as much as you want before taking your required online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.

Q: Can I print my online course materials and test questions?

A: According to the state authority, it is not permissible to print or download any course material or exam questions. However, you are free to access all online courses from our website anytime.

Q: How long does it take to complete an online course?

A: The time required to complete an online course varies from student to student, but it roughly approximates the number of credit hours awarded for the course. You must pass an online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.