Ritter Insurance Marketing, Craig Ritter

Early Returns On Medicare Prescription Drug Plan 2011 Enrollment Data

Here is a list of the top PDP plans for 2011 grouped by Parent organization and sorted by 2011 enrollment.  Year over year growth is in the far right column.  I only included plans with at least 10,000 members as of 2011. 2010vs2011Summary_PDP

15 Feb 11
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Early Returns on Medicare Advantange 2011 Enrollment Data

Our database guru sliced and diced the Feb 2011 versus Feb 2010 enrollment data to come up with the big winners and losers for 2011 MA enrollment.  Here is a copy of the PDF which is aggregated by Parent Organization and then sorted by 2011 enrollment.  Medicare Advantage 2011 versus 2010

15 Feb 11
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Today is the Last Day of the Medicare Advantage Disenrollment Period

Today, February 14th, 2011, is the last day of the MADP (Medicare Advantage Disenrollment period).  Those with Medicare Advantage plans will not be allowed to disenroll after today in the absence of some other Special Election Period. Keep in mind, using the MADP does not trigger “guarantee issue” rights for Medigap. 

Implementation of Health Care Reform Law Seen as Central to Current Budget Debate

President Obama will unveil his proposed budget for 2012, however, Congress may use the budget process to choke off funds for implementation of Health Care Reform. The Hill.com follows this story.

14 Feb 11
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Rep. Mike Rogers (R-MI) Letter to Kathleen Sebelius on Agent Compensation in the Individual and Small Group Markets

NAHU has been working with Congressman, Mike Rogers to address the impact of MLR regulations on Broker compensation.  Recently, he sent a letter to the Head of Health and Human Services, Kathleen Sebelius, asking what actions HHS has taken to address the NAIC’s concerns on the impact of MLR regulations on broker comp which is…

13 Feb 11
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Insurance Product Training – Feb 14th – Feb 18th

Do you need insurance product training? RitterIm.com has an up-to-today posting of all the top carriers trainings on the events calendar. Registration is “one click” away at Ritter Insurance’s “Events’ Calendar”! (You must be logged in to register!)

  • Monday, Feb. 14th;  There are no scheduled trainings at this time. Happy Valentine’s Day!
  • 9 Feb 11
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Humana Shares Fall on Higher Medical Costs, Company Raises 2011 Guidance

Humana raised it’s outlook for 2011 Revenue and Profit in light of better than expected enrollment for its Medicare Advantage and Part D products.  The fourth quarter profit fell by 57%, mainly due to acquisition expense related to the company’s purchase of the health care provider, Concentra. Here is a link to the…

Coventry Posts Higher Earnings on Lower Revenue, but Stock Price Falls on Lower outlook for 2011

Here is the story from Bloomberg.  Coventry’s stock price fell by 4% in spite of better than expected fourth quarter earnings.  The share price remains near a 52 week high, however, as earnings for the fourth quarter were strong on lower revenue.  Earnings benefited from lower expenses including lower than expected claims cost. …

8 Feb 11
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US House of Representatives Seen Blocking Implementation Money for Health Care Reform Bill

Here is the story from Reuters.  Since the House failed to repeal the health care reform law, the new strategy will be to limit or eliminate funding to slow the process of building the governmental structure to implement and regulate.

8 Feb 11
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What is an Accountable Care Organization (ACO)?

Here is a good article I got on what an Accountable Care Organization is:  Boston Globe Online (Chad, thanks for the link!) ACO’s, I’m sure, will grow in importance in the coming years.  Soon, CMS will be putting out some guidance with more details on how they will work. If you’ve been following…

7 Feb 11
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