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)
Archive for 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 in Aetna, Arizona, California, Maryland, Medicare Supplement, Medigap Rate Changes/Introductions, Ohio, South Carolina, Texas on November 21, 2009 | 3 Comments »
How Can the Senate Healthcare Bill Reduce the Deficit?
Posted in News on November 21, 2009 | 1 Comment »
Here is a pretty good analysis from Bob Laszewski. When you look at the cost over 10 years, if you only pay for benefits for 6 years (expense) and begin raising taxes and cutting Medicare immediately (income and/or expense reductions), you can claim this won’t add to the deficit. Again, this doesn’t contemplate fixing the [...]
Aetna to Cut 3.5% of its Workforce
Posted in Aetna on November 20, 2009 | 1 Comment »
Aetna will be eliminating about 1,200 jobs by early 2010. Aetna is not planning to exit any of its existing markets. Here is the full story for National Underwriter.
Industry Groups Say Reid Health Care Bill Won’t Work
Posted in Part D on November 20, 2009 | Leave a Comment »
Here is an article from the National Underwriter on the Senate Bill!
Side by Side Comparison of House and Senate Health Care Reform Bills
Posted in News on November 19, 2009 | Leave a Comment »
Here is a link to an AP story which lays out a comparison of the 2 bills.
Ritterim.com Website has LIMITED FUNCTIONALITY
Posted in About Ritter Insurance Marketing, Website on November 13, 2009 | Leave a Comment »
My apologies for the sustained outage with some of the key functionality of the www.Ritterim.com website. Our hosting service lost a switch which took our database server offline at 11:30 AM today. In the past, we had some short outages (15 minutes or less), but nothing like this. Much of the functionality of our website [...]
Updates to AHIP Training: Review the Revised 2010 Marketing Rules ASAP
Posted in CMS, Training/Certification on November 13, 2009 | 1 Comment »
Agents who have taken the AHIP training need to be aware of some modifications to the training course which are important for the 2010 selling season. If you took AHIP as compliance for your Annual Certification, you will be getting an URGENT email from AHIP which outlines the changes to the training. You will want [...]
Janet Trautwein, CEO of NAHU Editorializes in the Wall Street Journal on the Individual Mandate and Health Care Reform
Posted in News on November 12, 2009 | Leave a Comment »
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 here. [...]
Learn How to Access and Print Medicare’s Quality Ratings for Medicare Part D Plans and Medicare Advantage Plans with Prescription Drugs for 2010
Posted in 2010 MA Plans, All, Part D on November 12, 2009 | 1 Comment »
Here is a quick video I made yesterday with instructions on how to access the quality data for Medicare Part D Plans and Medicare Advantage plans with Prescription Drug Benefits.
Blue Cross Blue Shield of Michigan’s Medigap Rate Increase Faces Roadblock from Administrative Law Judge
Posted in Medicare Supplement, Medigap Rate Changes/Introductions, Michigan, News on November 9, 2009 | 1 Comment »
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 of [...]
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Craig Ritter
