Here is a link to a Metlife promotional item for agents to send to their clients. met_ritter_ins_flyer
Archive for February, 2009
Metlife Flyer for use in LTC Marketing Efforts
Posted in Long Term Care, Metlife, Uncategorized on February 23, 2009 | 1 Comment »
Molina changes Translator Form
Posted in Insurance Companies, Medicare Advantage, Molina Medicare on February 23, 2009 | Leave a Comment »
To access the new form, visit our Resource Center and select Molina as the company and forms as the resource.
Universal American Corp. Reports Fourth Quarter and Year End 2008 Results and Reaffirms 2009 Guidance
Posted in Insurance Companies, News, Universal American Companies on February 23, 2009 | Leave a Comment »
To read the Fourth Quarter 2008 Highlights, click here.
Preview of 2010 Medicare Advantage Growth Rate Issued by CMS
Posted in CMS, Uncategorized on February 21, 2009 | Leave a Comment »
Late Friday, CMS proposed a 0.5% increase in Medicare Advantage reimbursements, compared to an expected increase of roughly 3-5%. This caused the stock prices of insurance companies which market Medicare Advantage to fall today. CMS will approve the final reimbursement rates for 2010 on April 7th, 2009. Here is the Article Here is an Article [...]
HHS Announces 2009 Federal Poverty Levels
Posted in News on February 21, 2009 | Leave a Comment »
2009 HHS poverty guidelines: Persons in Family 48 States/DC Alaska Hawaii 1 $10,830 $13,530 $12,460 2 $14,570 $18,210 $16,760 3 $18,310 $22,890 $21,060 4 $22,050 $27,570 $25,360 5 $25,790 $32,250 $29,660 6 $29,530 $36,930 $33,960 7 $33,270 $41,610 $38,260 8 $37,010 $46,290 $42,560 Additional Persons +$3,740 +$4,680 +$4,300 Medicare beneficiaries must apply and qualify for [...]
Update on Shenandoah Life
Posted in Uncategorized on February 21, 2009 | 11 Comments »
To clarify the current status of Shenandoah: This company is in Receivership with the Virginia State Corporation Commission They are not in Bankruptcy. Therefore, there are no “guarantee issue” provisions in place at this point with respect to Medicare Supplement. The intent of the receivership is to Rehabilitate the company, it is not a Liquidation [...]
Wellcare Ordered by CMS to Halt New Enrollments in Medicare Advantage and Part D for Marketing Violations; Medicare Chief Notes Forged Enrollments, Misleading Materials and Member Complaints; Stock falls 30% in After Hours
Posted in CMS, Wellcare on February 19, 2009 | 14 Comments »
Wellcare, which is currently under investigation by the FBI and Florida authorities for Medicaid Fraud, we ordered to stop enrolling new members in it’s Medicare Plans (HMO and PFFS) as well as Part D plans. Abby Block, Medicare’s chief notes, “. . .Wellcare was one of the worst overall performers of all plans”. Allegations of [...]
Health Net will be offering a Webinar on Compliance and Product Training on February 23rd for Virginia (VA) Agents
Posted in Health Net, Virginia on February 19, 2009 | Leave a Comment »
For details on how to attend, visit our “Events Calendar” and page down to February 23rd.
Clarification on New United World Application
Posted in United World on February 16, 2009 | Leave a Comment »
We had a question recently on the new United World application. The tobacco use question now falls under Part III question 1. It is listed with all the “knock out” questions and is the last question listed, so it may appear that Tobacco Use would be a decline. However, if you read the wording on [...]
Link to National Organization of Life and Health Insurance Guarantee Associations
Posted in News, Shenandoah Life on February 16, 2009 | Leave a Comment »
I’ve had some questions from agents (Thanks Sue) regarding the Financial Situation with Shenandoah Life. Shenandoah is NOT in liquidation at this point. The company is in receivership with the intent being rehabilitation. However, there are questions about the State Guarantee protection. Since every state is different, I’m posting a link to the National Organization [...]
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