This information is for licensed agents only, so to view the alert go to our Resource Center and select CRL, Rates and Medicare Supplement
Archive for March, 2009
Central Reserve Life (CRL) implements rate adjustment on Closed Book of Medicare Supplement Business in Pennsylvania (PA)
Posted in Central Reserve Life, Great American Companies, Medigap Rate Changes/Introductions, Pennsylvania on March 25, 2009 | Leave a Comment »
The Admiral Life Insurance Company has revised the Medicare Supplement Application for the states of Idaho (ID), California (CA), Montana (MT), South Dakota (SD), Tennessee (TN) and Texas TX
Posted in California, Idaho, Insurance Companies, Medicare Supplement, New Applications/Forms, Sterling Investors on March 25, 2009 | Leave a Comment »
The new application form numbers are “ALMSAPP200812ID for the state of ID, ALMSAPP200812CA for the state of CA, ALMSAPP200812MT for the state of MT, ALMSAPP200812SD for the state of SD, ALMSAPP200812TN for the state of TN and ALMSAPP200812TX for the state of TX.
The new applications will be required for signature dates on or after May 1, 2009.
To access the revised applications for Idaho, California, Montana, South Dakota, Tennessee and Texas, visit our Resource Center and Select Admiral as the Company and Application as the Resouce.
North Carolina (NC) Agent Arrested For Stealing Identities
Posted in Medicare Advantage, News on March 25, 2009 | 4 Comments »
According to the NC Department of Insurance authorities, a Bahama woman has been arrested for allegedly stealing identities of more than 100 people, some of whom were dead, and signed them up for Medicare Advantage plans.
Lincoln Heritage Medicare Supplement has a new Bank Draft Form that must be used immediately when submitting New Business
Posted in Uncategorized on March 24, 2009 | Leave a Comment »
The new Bankdraft is for the states of AZ, AR, CA, CO, DE, DC, FL, GA, ID, IL, IN, IA, KY, LA, MI, MN, MS, MO, MT, NE, NH, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TX, UT, VA, WV, WI AND WY
To access the bankdraft form for these states, visit our “Resource Center“, select Lincoln Heritage as the Company and Forms as the Resource.
National States Insurance Ratings Downgraded
Posted in Insurance Companies, News, Uncategorized on March 24, 2009 | 1 Comment »
The St. Louis Business Journal announce A.M. Best Co. has downgraded the financial strength rating of National States Insurance Co. The ratings agency downgraded the company’s financial strength rating to C plus plus from B minus and its issuer credit rating to BB minus from B. A.M. Best also downgraded the outlook for these ratings to negative from stable.
The ratings reflect National States’ expected weak year-end risk-adjusted capital position and sizable operating loss, A.M. Best said. “Adverse experience on its South Florida home health-care block was the primary reason for the company’s poor 2008 operating results,” A.M. Best said. “National States is also reliant on receiving timely and appropriate rate increases, which continues to be challenging in Florida.”
To combat its losses, National States has expanded its accident and health insurance products into the Midwest.
A.M Best said it believes the company will be challenged to return to profitability near term.
UnitedHealthCare to Terminate Carrier Agreements including Guarantee Trust Life
Posted in Guarantee Trust Life, Insurance Companies, Part D, United Health Care on March 24, 2009 | 2 Comments »
Effective April 1, 2009, Guarantee Trust Life, will no longer offer the Part D Prescription Drug products. Access to UnitedHealthProducers.com, will be terminated for any agent using a Carrier writing number.
CMS guidelines require the payment of first year renewal rates for all applications received with 2009 effective dates. UnitedHealthCare will continue to pay commissions on a per member per year basis for applications received. According to CMS guidelines, renewals will be paid for five years. NOTE: Renewal payments will end if the member terminates coverage before the end of five years.
Renewal commissions for applications with 2009 effective dates will start in 2010 and will be paid once per year (no change). Renewals will be paid for five years starting in 2010.
Renewal commissions for existing business will be paid at the 2009 renewal rates. Renewals paid in 2009 will be considered year1 and will continue for four additional years.
CMS Publishes initial list of US counties which will need to be Networked for Private Fee for Service in 2011
Posted in CMS on March 23, 2009 | 4 Comments »
Here is a link to the file: http://www.cms.hhs.gov/PrivateFeeforServicePlans/Downloads/2011PFFSNetworkAreas.zip
Bottom Line: There are 3141 counties in the USA and 2503 will require a network (this number could go higher based on 2010 plans). This represents about 80% of all counties at present.
Today’s Option Agent Training Webinar: Friday, March 20, 11 a.m. EST
Posted in Insurance Companies, Medicare Advantage, Universal American Companies on March 18, 2009 | Leave a Comment »
The Today’s Options Ad Design System – Personalized, Compliant Ads – at Your Fingertips!
For details on how to register, vist our “Events Calendar“
Universal American’s 2009 Sales & Educational Conference
Posted in Insurance Companies, Medicare Advantage, Uncategorized, Universal American Companies on March 17, 2009 | Leave a Comment »
The 2009 Sales & Educational Conference for Independent Agency Sales to be held September 11-14, 2009, at the Breakers Hotel and Conference facility in Palm Beach, Florida.
Click here for more information
John Hancock Introduces New Needs-Based Tools for Long-Term Care (LTC) Insurance Marketing
Posted in Insurance Companies, John Hancock, Long Term Care on March 17, 2009 | Leave a Comment »
New materials help financial representatives sell LTC insurance in today’s tough economic conditions.
To Read Complete Article Click Here
Ritter Insurance Marketing
Blog Stats
- 700,250 Views
Top Posts
Monthly Archive
- May 2013 (1)
- April 2013 (3)
- March 2013 (9)
- February 2013 (34)
- January 2013 (9)
- December 2012 (4)
- November 2012 (4)
- September 2012 (3)
- August 2012 (6)
- July 2012 (3)
- June 2012 (18)
- May 2012 (3)
- April 2012 (9)
- March 2012 (4)
- February 2012 (10)
- January 2012 (8)
- December 2011 (11)
- November 2011 (19)
- October 2011 (10)
- September 2011 (11)
- August 2011 (19)
- July 2011 (20)
- June 2011 (24)
- May 2011 (17)
- April 2011 (18)
- March 2011 (31)
- February 2011 (26)
- January 2011 (18)
- December 2010 (20)
- November 2010 (50)
- October 2010 (38)
- September 2010 (25)
- August 2010 (31)
- July 2010 (24)
- June 2010 (34)
- May 2010 (42)
- April 2010 (44)
- March 2010 (44)
- February 2010 (39)
- January 2010 (27)
- December 2009 (25)
- November 2009 (33)
- October 2009 (50)
- September 2009 (39)
- August 2009 (38)
- July 2009 (28)
- June 2009 (56)
- May 2009 (30)
- April 2009 (33)
- March 2009 (35)
- February 2009 (44)
- January 2009 (52)
- December 2008 (57)
- November 2008 (53)
- October 2008 (73)
- September 2008 (33)
- August 2008 (33)
- July 2008 (71)
- June 2008 (46)
Categories
Twitter Updates
- The May issue of "thememo" (our not-a-newsletter) is now available for your reading pleasure. goo.gl/9RBnF 21 hours ago
- CMS Releases Maximum Medicare Advantage and Part D Commissions for 2014 wp.me/pgZKL-1Eh 5 days ago
- Great new Med Supp released in a few states w/ an online app and quick policy issue. Click to ask for details.... tinyurl.com/a6zrj6h 1 week ago
- We know you love Final Expense and we know you love Sales Incentives. We have both! Just click and ask for details tinyurl.com/a6zrj6h 3 weeks ago
- You are cordially invited to an Open House at our new location. Click the link to RSVP tinyurl.com/aoldqsl 3 weeks ago
Log In
Pages
Craig Ritter
