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 [...]
Archive for February, 2012
UnitedHealth Acquires Preferred Care Partners and Medica
Posted in Insurance Companies, Preferred Care Partners, United Health Care on February 28, 2012 | 1 Comment »
Insurance Product Training – February 27, 2012 – March 5, 2012
Posted in All, Baltimore Life, Care Improvement Plus, Education/Training, Final Expense Life, Foresters, Guarantee Trust Life, Individual Major Med, Insurance Companies, Insurance Products, Long Term Care, Medicare Supplement, States on February 24, 2012 | 1 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, February 27 – Foresters New Producer Training webinar is open to all agents. Care Improvement Plus [...]
Obama to Sign Payroll Tax Cut Extension and 10 Month Medicare Physician Fee Schedule Fix
Posted in CMS, News on February 21, 2012 | 4 Comments »
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.
CMS Issues Preliminary 2013 Medicare Advantage Reimbursement Rate Increases
Posted in CMS on February 19, 2012 | 1 Comment »
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 increase and [...]
Medicare 101 Training Recordings Available on Ritterim.com
Posted in Uncategorized on February 19, 2012 | Leave a Comment »
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 [...]
Insurance Product Training – February 20, 2012 – February 27, 2012
Posted in All, Baltimore Life, Bravo, Care Improvement Plus, Education/Training, Insurance Companies, Insurance Products, States on February 17, 2012 | 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, February 20th – Humana 2012 Certification Class PPO, PFFS, PDP seminar is being hosted in Phoenix, [...]
Insurance Product Training – February 13, 2012 – February 20, 2012
Posted in About Ritter Insurance Marketing, Aetna, All, Baltimore Life, Care Improvement Plus, Education/Training, Final Expense Life, Humana, Insurance Companies, Insurance Products, Medicare Supplement, States on February 10, 2012 | 1 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, February 13, 2012 – Foresters New Producer Training webinar is open to all agents. Tuesday, February [...]
UnitedHealthCare completes Acquisition of XLHealth
Posted in Care Improvement Plus, United Health Care on February 9, 2012 | Leave a Comment »
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.
Bipartisan Senate bill crafted to exclude agent commissions from the Medical Loss Ratio (MLR) calculation
Posted in Health Care Reform, Individual Major Med, Insurance Companies, Insurance Products, News, States, Uncategorized on February 1, 2012 | 3 Comments »
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 [...]
Cigna Completes Purchase of HealthSpring
Posted in Cigna, Health Spring on February 1, 2012 | 1 Comment »
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.
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