Ritter Insurance Marketing, Craig Ritter

BC/BS of Michigan Gets 4.7% Medigap Increase Approved; 31.2% Increase Still Pending with the State of Michigan Department of Insurance and the State Courts

There are 210,000 Medicare Beneficiaries in Michigan with the Blue Cross/Blue Shield Plan in Here is the Article from the Detroit Free Press.

30 Oct 09
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Demonstration of Medicare Quote Engine with 2010 Data

Enjoy this brief demonstation of our Agent Use Only tool!

30 Oct 09
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CMS Marketing Guidelines on Agent In Good Standing May Affect Medicare Advantage or Medicare Part D Renewal Commission Payments for Independent Agents

I haven’t seen much talk about this, but there is a new provision in the Managed Care Manual under Chapter 3 – Marketing Guidelines (click to view manual). If you go to page 153 in section 120.5.4, you will find the following in the third bullet:  Plan sponsors should pay compensation in accordance with the…

27 Oct 09
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60 Minutes Reports on Fraud in the Medicare System

Here is a link to watch the 60 Minutes report.  http://www.fancast.com/tv/60-Minutes/97707/1307867823/60-Minutes%2C-10.25.09/videos The section on Medicare Fraud starts around 2:30 and runs about 14 minutes to 16:30. There are a lot of people who point to Medicare’s low administrative cost as a positive, but $60 Billion/year in fraud is a high price to pay for…

27 Oct 09
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Notification form for Marketing Events for Cigna Published on RitterIM.com Website

To obtain the form to report marketing events for Cigna: Go to our Resources Page (you will need to be logged in)

  • Company = Cigna
  • Product = Medicare Advantage or Part D
  • Resource = CMS Marketing Materials
  • Hit “Submit”

The fax number for where to send the form is on the form.

26 Oct 09
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2010 Coventry Medicare Advantage and Part D Presentation Checklist Now Available on RitterIM.com

Coventry has put together a checklist for their Appointed and Certified Agents to ensure that you are following all the required steps in making a compliant Sales Presentation for 2010. We have posted the Checklist in the Agent Secure portion of our Resource Center. To access the Checklist, please click here to go…

NAHU Comments on Impact of Repeal of McCarran-Ferguson Act for Health Insurance Companies

NAHU put together a paper on what this impact of Repealing the current Anti-Trust exemption for Health Insurers would have on the marketplace.  Click here to view the document.  Health Insurers are currently subject to regulation by the states which outlaws the bid-rigging and anti-competitive behavior which the repeal is supposed to address.  Health Insurers use…

24 Oct 09
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AHIP’s Karen Ignagni’s Op/Ed in the Washington Post

Here is Karen’s Op/Ed piece.  AHIP was roundly criticized by Senator Baucus and the President for releasing the PriceWaterhouseCoopers report the day before the Senate Finance Committee’s vote on Heath Care Reform. The PWC report did not include the impact of the subsidization of insurance premiums included in the Baucus mark.  AHIP had backed…

22 Oct 09
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Congress Cranks up Pressure on Insurance Industry; Bill would Repeal Industry’s Anti-Trust Exemption for Health Insurance and Medical Malpractice Industries

Here is the full article from Reuters.  The proposal would, essentially, repeal the McCarran-Ferguson Act of 1945 which gave the Insurance Industry an exemption from Federal Anti-Trust Regulations.  The repeal which is being proposed would impact Health Insurance and Medical Malpractice Insurance and not other insurance lines.  This would open the door for the Federal Trade…

22 Oct 09
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Aetna Signs Agreement with Boca Raton Community Hospital; Agreement Expands Access for Aetna Medicare Advantage Members to Include the Hospital and Its Physicians

Here is the full story from Reuters!  I blogged back in March about Aetna adding Lee Memorial to improve it’s Medicare Advantage network in Southwest Florida. Now the addition of Boca Raton Hospital and Physicians will improve the network in Southeast Florida in Palm Beach county.

22 Oct 09
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