Ritter Insurance Marketing President Craig Ritter has been selected as the 2018 National Association of Insurance & Financial Advisors (NAIFA) Greater Harrisburg Presidents Award recipient. He’ll be recognized at a ceremony in Harrisburg on December 20. The Presidents Award is presented annually to an individual who exemplifies professionalism in life insurance underwriting and contributes…
CVS and Aetna’s $69 billion merger is now officially complete. The deal closed on Wednesday, November 28, 2018. Both Aetna and CVS were expecting to finalize the deal by Thanksgiving. However, several of the 28 states that needed to approve the merger had opposing views, saying integrating the two companies could potentially be…
The Department of Justice granted preliminary approval for CVS and Aetna to move forward with their $69 billion merger, signaling a potential change in how many American consumers access health care. On September 27, Aetna announced their agreement to sell their Medicare Part D drug plan business to WellCare Health Plans to ease…
Plans for the Future Aetna has agreed to sell the assets from their Medicare Part D business to WellCare Health Plans in hopes of greasing the rails for approval of its merger with CVS. The financial terms of the transaction have not yet been disclosed. However, the deal is contingent upon approval from…
Updates on Upcoming Mergers Cigna has received antitrust approval for their acquisition of Express Scripts. The deal is predicted to fully close by the end of 2018. This is also good news for the CVS-Aetna merger, as that antitrust approval is still in the works. Cigna’s acquisition of Express Scripts was first announced about…
Here’s more information on the counties in which Minnesota Medicare Cost plans will no longer be available and a list of important dates for agents and Minnesota Cost plan members to keep in mind. In June, we wrote Medicare Cost plan beneficiaries in several Minnesota counties would see their current coverage terminated due to
The Department of Justice (DOJ) is reportedly very close to approving the mergers between CVS and Aetna and Cigna and Express Scripts. Those familiar with the deals predict the DOJ’s formal antitrust approvals will come within the next several weeks. Update on the CVS-Aetna Merger Regulators reportedly have some concerns that the almost $70 billion deal between…
The Centers for Medicare and Medicaid Services said Wednesday that, due to incorrect information, it mistakenly sent out termination notices to around 38,700 Medicare beneficiaries with plans from Blue Cross Blue Shield of Minnesota.
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