Medicare is a federal health insurance program that primarily covers seniors. As of March 2023, an estimated 65 million seniors are enrolled in Medicare.
It’s a huge market. Many businesses, like health insurance companies, pharmaceutical companies, and healthcare providers, serve these beneficiaries in various ways.
At Postalytics, we have seen these businesses use direct mail when marketing and engaging seniors. Why? Because when it comes to getting your message in front of your audience, it works.
Let’s find out the most effective ways to use Medicare direct marketing for your business.
Table of contents
What is Medicare Direct Mail?
Medicare is divided into four main parts:
- Medicare Part A: Covers inpatient hospital stays, facility care, hospice care, and some home healthcare services.
- Medicare Part B: Covers certain doctor’s services, outpatient care, medical supplies, and preventive services.
- Medicare Part C: This is an alternative to traditional Medicare. Private insurance companies offer Medicare Advantage plans. It provides all Part A and Part B benefits, often with additional coverage.
- Medicare Part D: Provides prescription drug coverage. Private insurance companies also offer these plans.
Direct mail has been a popular channel used by businesses serving Part C and Part D of Medicare. With direct mail having a higher open rate, especially among seniors, many Medicare providers use it to generate leads and drive awareness.
Which Formats Should You Select for Medicare Direct Mail?
When it comes to direct mail, there are three popular formats used by insurance companies and healthcare providers.
- Postcards: To convey straightforward messages, such as reminding recipients of deadlines, announcing forthcoming events, or promoting educational events.
- Letters: To convey detailed information. For example, talking about your insurance plans and how a senior can decide among these plans.
- Self-mailers: To convey short messages. For example, limited-time discounts on insurance plans, important Medicare announcements, and event invitations.
Want to dive deeper? Here’s a detailed guide on how healthcare firms can use direct marketing.
5 Effective Strategies for Medicare Direct Marketing
The Medicare market is competitive, and you need to employ effective marketing strategies to stand out.
With these five strategies, you can attract and engage your target audience.
1. Focus more on education than promotion
Education is a game-changer in the healthcare industry, especially when you’re targeting seniors. Medicare is a complex subject, and certain rules and plans change every year. This uncertainty is why you must focus on educating seniors about the benefits of subscribing to your insurance services.
You could create content that addresses common concerns and questions—for example, the eligibility criteria for Medicare and understanding the different coverage options. You can provide this information in a guide to keep your Medicare direct mail campaign simple and then direct them to check out your website with a QR code.Here’s a newsletter guide by UnitedHealthcare.
2. Emphasize savings
With inflationary pressures and rising healthcare costs, seniors are always looking for competitively priced plans. For example, if you offer prescription drug coverage, you can highlight annual plans that offer discounts.
Many providers also highlight the free benefits or low-cost add-ons for insurance plans or other healthcare services.
You can use a QR code where people can scan and visit your online tools or calculators. These calculators allow individuals to estimate their potential savings by enrolling in different Medicare plans. They can factor in various cost components, such as monthly premiums, prescription drug costs, and out-of-pocket expenses.
3. Choose the right Medicare mailing list
Even when targeting the Medicare-eligible population, you need to create segments based on age, location, income level, health status, and previous healthcare usage. For example, you can’t market a general Medicare plan to someone who is going through a chronic health condition. Your Medicare mailing list will determine the success of your marketing campaigns. You can either go for your current lead database, or you can get in touch with providers who offer mailing lists. At Postalytics, we offer specialty mailing lists by understanding your requirements. These lists house data from reputed organizations and verified third-party sources.
4. Focus on multi-channel integration
Seniors are now becoming tech-savvy and using smartphones. This signals marketers to use different channels to reach their audience. For example, one of our clients used direct marketing to target email non-responders and saw an increase in ROI of 30%.
You can use pURLs on your Medicare marketing direct mail, encouraging users to visit your landing pages online. This is beneficial as you can track their online activity and get a correct estimate of the conversion rate.
Experiment with different campaigns for seniors and see which channel brings the best results.
5. Make CTAs visible
While targeting seniors, you must ensure that your CTA’s are prominently displayed. Here are some tips you can use:
- Aim for a large font size and legible font style
- Use a text color that contrasts with the background color. Avoid using color combinations that are difficult to distinguish
- Use clear and concise language. Avoid using jargonS in CTAs
- Position CTAs in prominent positions where seniors are likely to notice them
- Use visual cues such as arrows and buttons to draw attention toward the CTA
Here’s a color chart you can follow for your CTAs.
Supercharge Medicare Direct Mail Campaigns With Postalytics
Many healthcare companies are using Postalytics to create direct campaigns from start to finish. Our direct automation platform allows you to choose from readymade templates and deploy them at a click.
You can also use variable logic and variable data to personalize direct mail at scale. For example, Nuclear Care Partners, an organization providing in-home care to patients who worked in the atomic industry, used Postalytics to personalize lead generation.
This highly scalable personalization helped them deploy multiple campaigns per month and generate new leads.
With the many features in our platform, you can be assured of cost-effective rates and an increase in conversions.
Key Takeaways
Medicare direct marketing can deliver great results if implemented correctly. A successful direct mail marketing campaign follows four key processes:
- Target the correct audience segment with the right list
- Focus on education
- Integrate different channels
- Monitor your campaigns
We recommend you experiment with different direct mail formats and content types to find the ones that resonate with the senior audience. Want to learn more about how you can use the Postalytics platform for Medicare direct marketing? Get in touch with our team.
About the Author
Dennis Kelly
Dennis Kelly is CEO and co-founder of Postalytics. Dennis joined Boingnet, the predecessor to Postalytics, in 2013. Boingnet was focused on providing print and direct mail marketing service providers the ability to add digital marketing channels to their direct mail campaigns. Postalytics is Dennis’ 6th startup. He has been involved in starting and growing early-stage technology ventures for over 30 years and has held senior management roles at a diverse set of large technology firms including Computer Associates, Palm Inc. and Achieve Healthcare Information Systems.