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Archive for February, 2010

As a reminder, agents can qualify for reimbursement of the $100 producer certification fee by selling 5 or more Medicare Advantage Prescription Drug plans (with effective dates between 1/1/10 – 3/31/10) during the 2010 Annual Election and Open Enrollment Periods. Reimbursement is targeted for completion by the end of 2nd quarter 2010. Aetna will reimburse up to [...]

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Our Lead portal is a free service to allow agents to manage their clients and prospects.  We also use our lead portal to distribute and manage leads from the various lead offerings which are available through Ritter Insurance Marketing.  Currently, Lead Portal is a basic Customer Relationship Manager (CRM) for maintaining your database and organizing [...]

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Initially, I’d heard that the “Doc Fix” might be included in the “Pay-Go” bill.  More recently, it was supposed to be in the “Jobs Bill” which is up for a Cloture vote on Monday.  Senate Majority Leader Reid removed the “Doc Fix” as well as the fix on the cap on Medicare Therapy spending. I’m [...]

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Here is the story as covered by the National Underwriter. Interestingly, the study finds that premiums would have increased by 22% if Medicare Beneficiaries simply stayed in their existing plans. If you look a little deeper at the actual release from Avalere (you can find it here), you’ll find that HMO, LPPO, RPPO and SNP [...]

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Here is a link to the entire document from the CMS website. Here are some quick notes on the 45 Day Advance Notice and Draft Call letter for 2011: Page 5 – Trend calculated at 1.38% Page 14 – 2011 Coding Intensity Adjustment of 3.41% Page 17 – Phase out of IME (Indirect Medical Education) [...]

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Next week is a busy training week with national learning opportunities on the web and live training sessions in several states covering products from Single Premium Whole Life to Medicare Advantage to Individual Insurance products.  Registration is “one click” away at Ritter Insurance’s “Event’s Calendar”!  (You must be logged in to register!) Monday, Aetna is hosting a seminar for [...]

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EHealth Expanding Medicare Presence

EHealth.com launched it’s Medicare Products portal last October.  I was looking at the report on their fourth quarter financials and found a statement by their CFO that they were cutting their 2010 project earnings by $3 million to account for additional spending on their Medicare website in 2010.  I’d guess their TOTAL 2010 spend on [...]

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I thought I posted some information on the January 2010 enrollment figures being down for the first time in as long as I can remember, but I can’t find the link.  In any case, enrollment jumped up sharply with the February 2010 effectives data from CMS.  Here are the past 3 months of total MA [...]

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CMS just released their Enrollment figures for every plan and every county in the United States for Medicare Advantage Plans for February 1st, 2010 effectives. This is the first best look at how Medicare Beneficiaries are “voting with their feet” in terms of the plans they are moving towards.  The January numbers cut off in [...]

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This is a big day in the Medicare Advantage world.  This is the day where CMS sets its “initial” rates reimbursement for Medicare Advantage plans for 2011.  The reimbursement rate will drive the premiums, benefits and availability in 2011.

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