The Washington Post /Kiplinger’s Personal Finance (8/17, F3, Lankford) reported, “John Hancock, one of the largest long-term-care insurers, plans to raise rates on existing policyholders for the first time ever.” The company “is filing for a rate increase on long-term-care policies sold in the 1990s and on some newer New York State Partnership policies” at [...]
Archive for August, 2008
John Hancock to increase long-term care insurance rates on in-force business
Posted in Insurance Companies, John Hancock on August 18, 2008 | Leave a Comment »
Protected: United World, a Mutual of Omaha Company, Announces Medicare Supplement rate increases in the states of Illinois (IL), Iowa (IA), Oklahoma (OK), Idaho (ID), Utah (UT), Wyoming (WY) and Montana (MT)
Posted in Idaho, Illinois, Insurance Products, Iowa, Medicare Supplement, Medigap Rate Changes/Introductions, Montana, Mutual of Omaha, Nancy, Oklahoma, States, United World, Utah, Wyoming on August 17, 2008 |
There is no excerpt because this is a protected post.
Evercare Dually Eligible Product Commission Update
Posted in Insurance Companies, Medicare Advantage, United Health Care on August 17, 2008 | Leave a Comment »
Effective September 1st, 2008, Evercare will not pay commission on the Dual Plan if you enroll a member who DOES NOT have Medicaid. This plan is designed for the Dually Eligibile, meaning that they have Medicare A & B and some level of Medicaid assistance.
Ritter Insurance Selected by Today’s Options (American Progressive and Pyramid) for 2009 Medicare Advantage Lead Program in Select Counties
Posted in 2009 MA Plans, Alabama, American Progressive, Arizona, Arkansas, California, Colorado, Georgia, Idaho, Illinois, Indiana, Insurance Companies, Iowa, Kansas, Kentucky, Lead Programs, Louisana, Maine, Marketing MA Plans, Medicare Advantage, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Pyramid Life, South Carolina, States, Tennessee, Texas, Universal American Companies, Utah, Virginia, Washington, West Virginia, Wisconsin on August 16, 2008 | 3 Comments »
Ritter Insurance Marketing has been selected by Today’s Options (American Progressive and Pyramid) as one of a small number of Marketing Companies to participate in their 2009 Medicare Advantage Lead Program. There are two components to this program: Direct Mail and Billboard advertising. Some of the details of the direct mail program:
2009 Low Income Subsidy (LIS) Premium Benchmark Subsidy Amounts
Posted in Medicare Advantage, News on August 16, 2008 | 1 Comment »
These are the benchmarks for stand alone PDP’s. This determines which plans are eligible to receive “auto enrollees”. It also tells you how much premium would be WAIVED if a Medicare Beneficiary qualified for a Low Income Subsidy (LIS). (Click more to view premiums in all 50 states)
LOWER MEDICARE PART D COSTS THAN EXPECTED IN 2009
Posted in Medicare Advantage, News on August 16, 2008 | 1 Comment »
The average Part D premium (stand alone PDP) for 2009 is about $28/month which is $3 higher than 2008. The average Prescription drug benefit under MA-PD is $17/month which is $1 higher than 2008. Click here for the CMS Press Release.
CMS says Part D drug plan premiums will increase in 2009
Posted in Medicare Advantage, News on August 15, 2008 | Leave a Comment »
Bloomberg (8/15, Lauerman) reports that, according to the Centers for Medicare and Medicaid Services (CMS), Medicare’s Part D “drug plans will cost beneficiaries an average of $28 a month in 2009, about $3 more than this year.” For the most part, the increase reflects “rising drug costs [and] higher estimates of costs for catastrophic drug [...]
Aetna Announces E-mail Notification on Pending Medicare Advantage Business for Brokers
Posted in Aetna, Insurance Companies, Medicare Advantage, News on August 12, 2008 | Leave a Comment »
Effective June 27, 2008, Aetna is implementing a new and exciting communication process for Medicare. What is it? Once an application is submitted and processed within the Aetna system, the new process will: * Automatically email brokers and general agents a list of their Medicare client applications that were received during the current [...]
Survey indicates healthcare costs may rise over 10 percent into next year.
Posted in News on August 12, 2008 | Leave a Comment »
The PA (8/11, Murphy) reported that “[h]ealthcare costs are expected to rise more than 10 percent into next year, according to a survey of insurers by Aon Consulting Worldwide.” But, the “increase is the smallest Aon has seen in six years.” After surveying “70 health insurers around the country, including companies such as Aetna Inc. and [...]