Ritter Insurance Marketing, Craig Ritter

UnitedHealth Releases Earnings, Tops Estimates

UnitedHealth Group is the first of the major insurers to post their 4th quarter earnings. Analysts will look closely at these earnings to determine the overall health of the insurance industry. As I’ve talked about before, UnitedHealth took a hit this year in the ACA business, but their earnings surprisingly topped estimates. UnitedHealth’s earnings…

22 Jan 16
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Cigna Hit with CMS Sanctions

CMS has imposed sanctions on Cigna suspending the enrollment of new customers in their Medicare Advantage and stand-alone Prescription Drug Plans. For the time being, agents must cease marketing to and contracting potential enrollees on behalf of Cigna-HealthSpring. Current enrollees in Cigna MA or PDP plans will not be affected. Based on prior cases, CMS…

22 Jan 16
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MA Special Needs Plans Extended Through 2018

Medicare Advantage Special Needs Plans, which would have expired at the end of 2016, are extended through December 31, 2018. As part of the Medicare Access and CHIP Reauthorization Act, the extension continues coverage for particularly vulnerable populations. Established by the Medicare Modernization Act of 2003 (MMA), Special Needs Plans (SNPs) are designed to…

5 Jan 16
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Doctor Directories Get Closer Look from CMS

New year, new regulations from CMS. Medicare Advantage doctor directories provided by insurers are under more scrutiny as of January 1. The Centers for Medicare and Medicaid Services can now fine insurers up to $25,000 per beneficiary for errors in Medicare Advantage plan directories. It’s not a new problem, but now the fines are much…

4 Jan 16
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