Ritter Insurance Marketing, Craig Ritter

Health Insurers’ Stocks Rise as Wall Street Cheers CMS Advance Payment Notice

CMS announced a 1.35% average increase for Medicare advantage capitation rates for 2017 last Friday after the stock markets closed on Friday and publicly traded insurer’s stocks rose.  Here are some examples: Humana, up 3.9% Aetna, up 3.0% United, up 3.0% Anthem, up 3.9% Cigna, up 1.8% Centene, up 4.1% Universal American, up 1.9% More…

23 Feb 16
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Aetna-Humana Merger Gains Key Approval

Nearly two weeks into February, Aetna and Humana have gained not only their tenth state approval, but one of the most important approvals for their desired Aetna-Humana merger. Florida regulators have given the nod to Aetna’s $37 billion acquisition of Humana. The merger will create the largest health insurer in the state. In the consent order,…

22 Feb 16
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The New Face of Identity Theft

Forget your credit cards or social security number. Health care records are the latest target for hackers looking to steal your identity, and thefts are up 11,000 percent from 2015. Why the surge? Unlike other forms of identity theft, health care records arm a thief with a great deal of personal information. In addition…

22 Feb 16
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Aetna to Abandon Ship with AHIP

A big storm could be brewing. On January 5, Aetna, the nation’s third-largest health insurer, announced that it has decided not to renew its membership with America’s Health Insurance Plans (AHIP). Aetna is now the second of the nation’s top-five largest insurers to leave the leading health insurer trade group. Rumors started flooding the streets…

18 Feb 16
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Could Humana Be Next to Leave the ACA Market?

It’s possible another big name health insurer may reconsider its presence in the Affordable Care Act (ACA) market. Although there’s still a few weeks left in the 2016 Open Enrollment Period, Humana has announced that it most likely won’t receive enough money to cover the cost for some shoppers who purchased individual plans. The news has some…

18 Feb 16
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Congress Considers Expanding Telehealth Accessibility for Medicare Clients

The United States Senate Committee on Finance is in the process of contemplating changes to Medicare that could make telehealth services more accessible for millions of beneficiaries in the program. In December 2015, the Senate Finance Committee published a Bipartisan Chronic Care Working Group Policy Options Document. The document presents several possible policy changes aimed…

18 Feb 16
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Anthem Predicts ACA Plan Premiums Will Increase in 2017

The second-largest health insurer by membership, Anthem, has stated it believes Affordable Care Act (ACA) plan premiums will likely increase in 2017. While Anthem has managed to slightly profit from selling ACA plans to individuals, many of the company’s competitors have not. UnitedHealth Group, the largest health insurer in the nation, lost approximately $500 million…

18 Feb 16
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State of the Senior Market: In Review

On Friday, I gave my annual State of the Senior Market address to 500 agents from across the country. You can watch a recording here, but if you’d like a quick summary, here are some of the highlights: Ritter Year in Review

  • We went from 102 employees to 140 employees, which means more people working…
    12 Feb 16
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