Aetna will be hosting 8 seminars to introduce their Individual Medicare Supplement plan for Pennsylvania. The meetings will be held from July 14th through July 28th. The locations are as follows: Scranton, Williamsport, Allentown, State College, Lancaster, Harrisburg and Pittsburgh. To find the exact date and time for a location near you, visit our “Events [...]
Archive for July, 2009
Aetna Announces Pennsylvania Seminars on Aetna Medicare Individual Medicare Supplement Plans
Posted in Aetna, Medicare Supplement, Pennsylvania on July 6, 2009 | Leave a Comment »
What’s NOT being Talked About in the Healthcare Reform Debate
Posted in News on July 6, 2009 | 8 Comments »
Just a quick hit here, but it’s quite odd to me that 2 things never get mentioned in the Healthcare Reform Debate. Further, I never even see these things questioned. 1. The $177 Billion in Medicare Advantage cuts over 10 years will impact the 11 million Medicare Beneficiaries in Medicare Advantage to a FAR greater extent [...]
How Should the Independent Insurance Handle the Medicare Prescription Drug Needs of their Original Medicare or MA-Only PFFS Clients?
Posted in About Ritter Insurance Marketing, Part D on July 3, 2009 | 3 Comments »
What should the independent agent do for their clients who need a stand alone Prescription Drug Plan? Looking forward to 2010, I believe there will be a lot more Medicare Beneficiaries on Original Medicare which brings up the sticky question of how to handle the PDP. There are two schools of thought:
Just in!! CMS to Allow Initial Commissions on Medicare Advantage Plans Replacing Original Medicare and a Stand Alone Prescription Drug Plan!!
Posted in CMS on July 2, 2009 | 72 Comments »
It’s official! CMS announced a few hours ago that they will be REVERSING their prior guidance and ALL 2009 enrollments into Medicare Advantage from Original Medicare and a PDP will be paid INITIAL commission. CMS will be issuing clarification about the implementation and timing of the new files, but the new guidance on 2009 is [...]
Update on Medicare Advantage Commissions (Initial versus Replacement) for Medicare Advantage replacing Original Medicare and a Stand Alone Prescription Drug Plan (PDP)
Posted in CMS on July 2, 2009 | Leave a Comment »
July 2nd, 2009 UPDATE: Final Guidance is IN!!! CMS has not ruled one way or the other on this issue, however there have been some positive signs coming out of CMS this week that seem to be pointing to a favorable resolution to this issue. Based on the conversations going back and forth, I don’t [...]
CMS Announces June 2009 Medicare Advantage Enrollment Figures
Posted in CMS on July 1, 2009 | 4 Comments »
As mentioned in my “Future of Medicare” Webinars, you can find great “market research” information by looking at the CMS data. Here is a copy of the Spreadsheet. NOTE: There are two “tabs” on the spreadsheet. The first tab is for ALL Medicare Advantage enrollment data and it is sorted by State, then County, then [...]
Important Announcement Regarding Aetna Individual PFFS Products and Agent Commissions, Effective Immediately
Posted in Aetna on July 1, 2009 | 4 Comments »
Aetna will discontinue broker sales and marketing of individual Private Fee-for-Service (PFFS) Medicare Advantage products effective August 1, 2009. Applications received with an effective date of August 1, 2009 or later will not be compensated by Aetna. Please note, 2009 plan benefits for individuals currently enrolled in an individual pffs plan will not change. Brokers [...]
Comments from Tony Ondrusek on “What is a Marketplace?” in Terms of Health Insurance Reform
Posted in CMS on July 1, 2009 | Leave a Comment »
Tony’s commentary appears in the Insurance and Financial Advisor Website. Here is his article. Here is the definition of marketplace, as Tony mentions. I think the primary issue with a public plan competing with private plans is that the public plan would have the ability to tax. Whether this is directly or indirectly, it doesn’t [...]
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Craig Ritter
