Ritter Insurance Marketing, Craig Ritter

UnitedHealth Acquires Preferred Care Partners and Medica

UnitedHealth announced this evening that they are acquiring 2 Medicare advantage health plans in the state of Florida.  Preferred Care Partners has about 50,000 Medicare advantage members in South Florida, Central Florida and Tampa.  Medica has approximately 35,000 Medicare advantage members in South Florida (Dade and Broward counties.) The deals are subject to regulatory approval…

28 Feb 12
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Insurance Product Training – February 27, 2012 – March 5, 2012

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, February 27 – Foresters New Producer Training webinar is open to all agents. Care…
    24 Feb 12
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Obama to Sign Payroll Tax Cut Extension and 10 Month Medicare Physician Fee Schedule Fix

Obama has promised to sign this bill as soon as it hits his desk.  The bill extends the Payroll tax cuts and also fixes the Medicare Physician Fee schedule which would have been cut by 27% on March 1st. Here is the story from a Fox news affiliate.

21 Feb 12
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CMS Issues Preliminary 2013 Medicare Advantage Reimbursement Rate Increases

On Friday, CMS issued it’s preliminary numbers for the 2013 increase in reimbursement to Medicare Advantage plan sponsors.  You can view the entire preliminary 2013 CMS Call letter here.  Final reimbursement numbers will come out on April 2nd. Initial indications are quite positive for Medicare advantage as CMS projected a 2.3% per capita…

19 Feb 12
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Medicare 101 Training Recordings Available on Ritterim.com

Ritter Insurance Marketing is pleased to offer free Medicare 101 training for agents interested in learning more about the Medicare market. This series consists of four (4) thirty-minute videos hosted by Craig Ritter and is designed to give you a fundamental understanding of Original Medicare, Medicare Supplement, Medicare Advantage and Medicare Part D. Agents who…

19 Feb 12
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Insurance Product Training – February 20, 2012 – February 27, 2012

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, February 20th – Humana 2012 Certification Class PPO, PFFS, PDP seminar is being hosted…
    17 Feb 12
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Insurance Product Training – February 13, 2012 – February 20, 2012

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, February 13, 2012 – Foresters New Producer Training webinar is open to all agents.
  • 10 Feb 12
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UnitedHealthCare completes Acquisition of XLHealth

Here is the story from MarketWatch.  The acquisition adds 117,000 Medicare advantage members.  XLHealth operated Care Improvement Plus which specialized in Special Needs Medicare Advantage plans.

9 Feb 12
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Bipartisan Senate bill crafted to exclude agent commissions from the Medical Loss Ratio (MLR) calculation

A bipartisan, companion Senate bill to House bill H.R. 1206, which proposed excluding insurance agent compensation from medical loss ratio (MLR) calculations will be introduced in the next few days.   Some of the more notable changes to House bill would be removing commissions from the MLR calculation for small group and individual health programs.  Commissions…

1 Feb 12
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Cigna Completes Purchase of HealthSpring

Here is the story from the Baltimore Sun.  This transaction closed yesterday.  The acquisition of HealthSpring is a major step in building Cigna’s presence in the Medicare Advantage and Part D market.  Prior to adding HealthSpring, Cigna’s business in Medicare Advantage was limited to an HMO plan in the Phoenix market.

1 Feb 12
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