Ritter Insurance Marketing, Craig Ritter

CMS Guidance Dictates Meaningful Differences between Standard and Enhanced Medicare Part D (PDP) Prescription Drug Plan Designs in 2011

Here is a link to the CMS guidance on this subject. CMS will be requiring Medicare Part D plan sponsors to build their Standard and Enhanced plan designs to include meaningful differences in expected Out of Pockets Costs (OOPCs) for 2011.  Apparently, there were some plan sponsors whose Enhanced plan designs did not meaningfully…

7 May 10
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CMS Issues Guidance on Doughnut Hole Coverage in for Medicare Beneficiaries with Medicare Part D (PDP) and Medicare Advantage MAPD

Here is a link to the guidance from CMS. It’s important to note that this $250 refund will come directly from Health and Human Services and will not come from the Health Plan.  This discount will not be available to those individuals who are receiving “Extra Help” from Medicare paying for their Prescription drug…

7 May 10
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Cigna Posts 36 Percent Increase in Profit in First Quarter of 2010

Here is the company’s press release. Cigna joined other major health insurers in posting a nice gain over the first quarter of 2009.  Cigna’s stock closed up almost 3% in the midst of a turbulent day on Wall Street which saw the Dow fall almost 1,000 points before recovering do close down about about…

6 May 10
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Replay Now Available for Medicare Part D Plan Sponsor Webinar

Recently, I hosted a webinar with one of our Part D Plan Sponsors.  Click here to listen to the replay. You must be logged into our website to view this!

5 May 10
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Craig Hosting Welcome to Ritter Webinar on Thursday, May 6th at 2pm Eastern Time

This webinar is for agents who are not familiar with the wide array of web services which Ritter Insurance Marketing offers to the Independent Agent for Individual Health, Medicare and Long Term Care products. Click here to register for my webinar! (You must be logged in to register!  Please only click register once!) In…

4 May 10
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eHealth Acquires Plan Prescriber, Inc.

Two eHealth announcements in one day!  Well, technically the Humana press release was on Friday. . .  Here is the announcement on PlanPrescriber, Inc. Thanks to Russ for the heads up on this one!! PlanPrescriber, Inc., formerly Experion Systems, Inc., runs some websites for assisting Medicare Beneficiaries with Plan choices for Prescription Drugs.  They…

3 May 10
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Communicating Personally Identifying Information and Personal Health Information with Ritter Insurance Marketing

As many of you are aware, the HITECH Act places requirements on Insurance Agents to communicate in a Secure manner when dealing with Personally Identifying Information (PII) and Personal Health Information (PHI).  Such things as Full Name, Date of Birth, Address, Phone, Social Security, HICN, Mother’s Maiden Name, etc., are examples of PII.  Health…

3 May 10
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Craig Ritter to Host Medicare and Medigap Basics Course via Webex on May 4th at 2pm Eastern Time

Sorry for the short notice on this!  I’ll be conducting a training on Medicare and Medigap basics tomorrow at 2pm ET.  I recommend this course highly to agents who are new to selling Medicare Supplement products or who have limited experience.  Intermediate level agents will likely get some value and it may be a good…

3 May 10
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Enrollment Periods for Part D for Medicare Beneficiaries who Defer their Part B

I had a call with an agent and this issue can be confusing, so I thought I’d blog about this so that everyone can benefit from this.  In cases where a Medicare Beneficiary defers their Part B (due to the ACTIVE EMPLOYMENT) of Self or Spouse, and then enrolls in Part B later when either…

3 May 10
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Proposed Law to Regulate Wall Street May Impose “Fiduciary” Standard for Sale of Financial Instruments

This story is covered in the National Underwriter. A “Fiduciary” standard is a much higher standard to meet than current “Suitability” standards.  Generally, “Suitability” is determined at the point of sale and is not on-going.  A “Fiduciary” standard continues beyond the point of sale to all points in time thereafter.  Additionally, a product which…

3 May 10
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