Do you need insurance product training? RitterIm.com has an up-to-date posting of all the top carriers’ trainings on our event calendar. Registration is “one click” away at Ritter Insurance’s “Events’ Calendar”! (You must be logged in to register!) Monday, October 31st; Foresters New Producer Training webinar is open to all agents. Tuesday, November 1st; Coventry [...]
Archive for October, 2011
Insurance Product Training – Oct. 31th – Nov. 7th
Posted in Aetna, All, Baltimore Life, Coventry, Education/Training, Final Expense Life, Foresters, Individual Major Med, Insurance Companies, Insurance Products, Medicare Advantage, Medicare Supplement, States, Training/Certification on October 28, 2011 | Leave a Comment »
Cigna Agrees to Purchase HealthSpring
Posted in Bravo, Cigna, Health Spring, News on October 24, 2011 | 1 Comment »
Holy smokes, I didn’t see this one coming! Cigna is getting back into the Medicare Advantage market in a BIG way. Here is a link to the story from Businessweek.
CMS to Cap Agent Referral Fees for Medicare Advantage and Medicare Part D
Posted in CMS, Florida on October 23, 2011 | 4 Comments »
CMS issued guidance last week to put a cap on referral fees, particularly those in the South Florida market. Apparently, Medicare Advantage carriers were paying referral fees which were equivalent to the initial Medicare Advantage commission ($402 or $403) for both initial and replaced Medicare advantage referrals. In most cases, this made it more lucrative [...]
Administration Unveils Final Rules For ACOs
Posted in News on October 21, 2011 | 1 Comment »
The Washington Post (10/21, Aizenman) reports, “The Obama administration substantially revised the rules of a program under the 2010 health-care law aimed at encouraging doctors and hospitals to coordinate care. The final regulations grant medical providers far more flexibility than a draft proposal released in March.” These rules for accountable care organizations (ACOs) were “greeted [...]
Social Security Announces 3.6% Increase in benefits in 2012
Posted in All, CMS, News on October 20, 2011 | 5 Comments »
Here is a link to an article from USA Today, along with a video from the AP. The 2012 Medicare Part B premium is to be announced next week. Projections I’m reading are that the Part B premium will move to $106.60/month. Given that Part B premiums were frozen at $96.40 for Medicare beneficiaries who [...]
Obama Administration Pulls the Plug on the CLASS Act
Posted in CMS, Health Care Reform on October 17, 2011 | 2 Comments »
The CLASS Act was a part of Health Care Reform which provided limited long term care insurance on a voluntary basis. The administration concluded that the program was not financially viable nor sustainable and pulled the plug on the program this past Friday. Here is a story from Bloomberg.
Insurance Product Training – Oct. 17th – Oct. 24th
Posted in All, Baltimore Life, Coventry, Education/Training, Final Expense Life, Individual Major Med, Insurance Companies, Insurance Products, Medicare Advantage, States, Training/Certification, United Health Care, Universal Health Care on October 14, 2011 | Leave a Comment »
Do you need insurance product training? RitterIm.com has an up-to-date posting of all the top carriers’ trainings on our event calendar. Registration is “one click” away at Ritter Insurance’s “Events’ Calendar”! (You must be logged in to register!) Monday, Oct. 17th; Washington National EzApp 2.0 Training webinar is open to all agents. Universal Health Care [...]
CMS Announces Star Ratings for 2012
Posted in CMS on October 14, 2011 | 1 Comment »
CMS released Star Ratings a couple days ago. There are 9 plans with 5 star ratings (up from 3 in 2011). Here is a link to an article from USA Today which lists the 5 star plans at the bottom.
Coventry Announces First Health Value Plus Medicare Part D Plan
Posted in Coventry, Uncategorized on October 11, 2011 | 8 Comments »
Coventry Health Care, Inc. announces that is has joined in partnership for 2012 with the nation’s largest and best known names in retail and pharmacy Walgreens, Walmart, and Target to offer a novel Medicare prescription drug plan known as First Health Value Plus (PDP). As Coventry’s newest Medicare Prescription Drug Plan, First Health Value Plus [...]
Aetna Completes Acquistion of Genworth Senior Supplemental Business
Posted in Aetna on October 3, 2011 | 4 Comments »
As of October 1st, Aetna completed its acquisition of Genworth’s Senior Supplemental business which includes Continental Life of Brentwood Tennessee, American Continental and some Genworth Medicare Supplement policyholders. You will now find the Aetna logo on the Continental Life website.
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