Ritter Insurance Marketing, Craig Ritter

Monthly Archives:: November 2009

Aetna Medicare Supplement Increases Effective 1/1/2010 for the States of Arizona (AZ), California (CA), Maryland (MD), Ohio (OH), South Carolina (SC) and Texas (TX)

Posted by & filed under Aetna, Arizona, California, Maryland, Medicare Supplement, Medigap Rate Changes/Introductions, Ohio, South Carolina, Texas.

These rate actions will impact NEW BUSINESS with effective dates of 1/1/2010 or later. To access details on the rate actions, please visit our Resources Page and select the following:

  • Company = Aetna
  • Product = Medicare Supplement
  • State = (Choose your state)

Janet Trautwein, CEO of NAHU Editorializes in the Wall Street Journal on the Individual Mandate and Health Care Reform

Posted by & filed under News.

Here is a link to Janet’s editorial in WSJ.com.  I’ve talked about the affects of combining a weak mandate with no underwriting requirements and no pre-existing conditions.  Janet likens this to setting the cost of a Parking Ticket at $0.25.  Why would anyone pay to park if the Parking ticket costs less?  Similar situation…

Blue Cross Blue Shield of Michigan’s Medigap Rate Increase Faces Roadblock from Administrative Law Judge

Posted by & filed under Medicare Supplement, Medigap Rate Changes/Introductions, Michigan, News.

Here is the story from the Detroit News.  BCBS of Michigan was looking for a 31% increase ($33/month).  The administrative law judge ruled for a 3.8% increase ($4/month).  BCBS of Michigan has 210,000 Medigap members on this plan.  The difference $29/month times 12 months times 210,000 policyholders means an annual difference of $73 million. BCBS…

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