Ritter Insurance Marketing, Craig Ritter

Scott & White Health Plan Pulling Marketplace Plans for 2017

More than 44,000 Scott & White Health Plan (SWHP) policyholders will lose their current plans in the wake of the company’s decision to exit the federal marketplace for 2017. SWHP will also reduce its off-exchange plan options for 2017. Their gold and silver plans will no longer be available during Open Enrollment this year. With…

19 Aug 16
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Aetna Leaving ACA Exchanges in 2017

First, UnitedHealthcare announced its plans to withdraw from many Affordable Care Act (ACA) exchanges in 2017. Then, Humana reported it would do the same. Now, there’s news of Aetna leaving ACA exchanges it currently operates in. On Monday, Aetna announced it is pulling out of 11 of the 15 state exchanges where it currently offers ACA products…

16 Aug 16
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Aetna-Humana Trial Date May Jeopardize Merger

U.S. District Judge John Bates is set to hear arguments on the Aetna-Humana merger on December 5. The deal must close by December 31 or Aetna will have to pay Humana a $1 billion break-up fee. Judge Bates said he expects a decision around mid-January, after a 13-day trial in December. He was originally going…

16 Aug 16
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SilverScript Fights Rising Drug Costs with 2017 Formulary

CVS Health, which maintains the SilverScript Part D prescription drug plan, stood its ground against skyrocketing drug costs with the release of its 2017 drug formulary. The drug plan will add 35 products to its list of excluded drugs next year. Treatments for cancer and diabetes were replaced with lower-priced medications that have similar makeups,…

8 Aug 16
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UnitedHealthcare Keeps Top Spot Amid Pending Mergers

UnitedHealthcare continues to enjoy the top spot in health insurance as Anthem and Aetna prepare to fight federal lawsuits against their proposed mergers with Cigna and Humana, respectively. Market Share If the Aetna-Humana and Anthem-Cigna mergers go through, the top five names in health insurance would be reduced to three. Anthem-Cigna would also steal UnitedHealthcare’s spot…

2 Aug 16
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U.S. Set to Block Two Big Health Insurance Mergers

According to an article published by Insurance Business America, it’s likely that the U.S. Justice Department will file lawsuits against two big health insurance mergers in the process of seeking approval. U.S. antitrust officials are skeptical that the Aetna-Humana and Anthem-Cigna health insurance mergers would favor competition in the industry. Those familiar with the matter report that that…

19 Jul 16
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California Insurance Commissioner Opposes Anthem-Cigna Deal

Although the California DOI does not have the authority to block the Anthem-Cigna merger, the CA DOI does have some influence over the process and advised the Department of Justice to block the merger of Anthem and Cigna on grounds that the combination would be anti-competitive for California health insurance consumers. If approved, the deal…

17 Jun 16
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2017 Proposed ACA Rate Changes by State

I’ve compiled a summary of available information for states that have disclosed proposed rate changes for 2017 so far. Each state has information about finding rates and submitting comments about changes, plus any relevant news pertaining to specific carriers.

17 Jun 16
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