How does the health bill being debated in the Senate compare to the one that narrowly passed the House last month? How do they compare to the Affordable Care Act’s rules currently in place? Here’s a breakdown of how these bills handle the main tenets of health care reform. Medicaid Expansion The Senate bill…
It’s only been one month since its $54 billion deal officially ended with Anthem, but Cigna is already on the lookout for new potential business partners. It’s possible we could see Cigna Medicare Advantage acquisitions in 2017. Cigna Chief Executive Officer David Cordani stated the company has $7 billion to $14 billion it could use…
Cigna, whose Medicare Advantage business has been under sanctions for 18 months, is once again free to enroll customers in MA plans beginning July 1, according to a filing from the Securities and Exchange Commission. The Centers for Medicare and Medicaid Services lifted a suspension placed in January 2016 after “widespread and systemic” failures…
CMS recently released two reports that shed some light on health insurance exchange enrollment trends and why shoppers leave exchange plans. 2017 Effectuated Enrollment Report Findings To get a precise count of enrollees, it’s more accurate to look at the number of people who have paid their premiums than it is to look at the number of…
The Congressional Budget Office (CBO) recently released their much-anticipated cost estimate on H.R.1628, the House-passed version of the American Health Care Act (AHCA). Together with the Joint Committee on Taxation (JCT), the CBO estimated that the most current version of the AHCA bill would:
…
During a recent private meeting with shareholders, Aetna CEO Mark Bertolini suggested Americans should start the discussion about single-payer insurance, but does it mean what we think it means? Leaked discussion reports him saying, “Single-payer, I think we should have that debate as a nation.” Why would the CEO of America’s fifth-largest private insurance company…
For the third year in a row, CMS has raised maximum broker commissions for Medicare Advantage and Medicare Part D initial enrollments. Note, insurance providers are NOT REQUIRED to pay the maximum commission rate. We’ll report when insurance companies’ release their 2018 filings in the coming months. Medicare Part D Maximum Broker Commissions Initial commissions increased…
Last Tuesday, the Centers for Medicare and Medicaid Services (CMS) released their 2016 Medicare Part C and Part D Program Audit and Enforcement Report. This report summarizes the audit findings on carriers’ Compliance Program Effectiveness (CPE), Part D Formulary and Benefit Administration (FA), Part D Coverage Determinations, Appeals, and Grievances (CDAG), Part C Organization…
© Ritter Insurance Marketing
