Medicare Card Change
The Medicare Access and CHIP Reauthorization Act (MACRA) of 2015 requires the removal of Social Security numbers (SSNs) from all Medicare cards by April 2019. A new randomly generated Medicare Beneficiary Identifier (MBI) or Medicare number will replace the SSN-based Health Insurance Claim Number (HICN) on new Medicare cards.
Each person enrolled in Medicare will be assigned a new Medicare card. the new number will be clearly different than your current Medicare number – it will be 11 characters in length and will be made up only of numbers and uppercase letters. The new number is confidential like the SSN and should be protected.
The new number will not change your Medicare benefits. You may start using the new Medicare cards and numbers as soon as you get them. Please inform our office of your new card number so that we can update your records.
Fast Facts with Allison
Allison Drennon is a licensed insurance agent and handles marketing and client relations for Insurance Advantage and LMA Financial Services. She joined the team in 2015 and ensures that we use all the high-tech and low-tech tools to effectively and efficiently communicate with clients.
Allison was trained in the school of Mary Alice – Mary was Allison’s babysitter from birth through adolescence. Continue reading to learn about grown-up Allison!
Fast Facts with Lisa
Lisa Bamburg is a founder and co-owner of Insurance Advantage and LMA Financial Services. She has a degree in finance from the University of Arkansas at Little Rock and is a Registered Investment Advisor and licensed insurance agent. Lisa is passionate about coaching clients to win in retirement.
Around the office, she’s the Ethel and Mary Alice is Lucy. Sometimes she has to rein “Lucy” in, but the duo teams up to provide great services and products to clients.
Read on to learn more about Lisa and the things she is passionate about beyond numbers.
Working for you, not an insurance company!