With a bevy of plan options and supplemental benefits available
to seniors and the omnipresence of multicarrier brokers, regional Medicare
Advantage organizations are working doubly hard to get in front of potential
and existing customers during this final stretch of the 2022 Annual Election
Period (AEP). Complicating their efforts are continued slowdowns with mail
delivery, which could impact brochures getting to Medicare-eligible
beneficiaries before the AEP ends on Dec. 7, according to marketing
experts.
EMO Activity Remains ‘Fierce’
- Despite CMS having issued a “Third Party Marketing” memorandum in early
October that warned of misleading tactics by some organizations, MA plans
continue to see fierce competition from electronic marketing organizations
(EMOs).
- These brokers are effective because they use data-driven
targeting to easily get in front of an audience by showing up in their
preferred mode of communication, and they employ a clear “next steps”
message that leads to an immediate response, explains Lindsay
Resnick, executive vice president with Wunderman Thompson
Health. They often rely on direct response TV advertising (DRTV) but
also use direct mail.
- Resnick says plans can take a page from this direct
approach and should offer as much targeted and useful information to the
consumer as possible, relying less on brand awareness or a high star
rating. “Don’t make it all about you; make it about the customer,” he
says.
Direct Mail Still Key, Despite Delays
- Other “bumps in the road” this AEP include the
second year of both mail and printer delays, but “direct mail is still a
workhorse when it comes to Medicare marketing,” Resnick
says. “Television advertising is expensive and print ads tend to go
unnoticed. Mail can deliver results…as long as they’re received by the
member.”
- Keeping in mind that this two-year mail slowdown is
hopefully an anomaly, Resnick expects mail to continue to play
its role in future campaigns.
What Should MAOs Prioritize?
- Cavulus, which assists MAOs with their technology
platforms and direct marketing campaigns, suggests that in the AEP home
stretch, the most important factor is who is communicating with potential
customers.
“Plans
will modify web and social media campaigns, but I’d say the most impactful
strategy shift we observe throughout AEP is the prioritization of sales
channels,” Mark Kriscunas, executive vice president of business operations and
finance, tells AIS Health. “For instance, a plan may realize better close
ratios through external brokers, so they’ll begin funneling opportunities to
those agents.”
No comments:
Post a Comment