Ritter Insurance Marketing, Craig Ritter

Divestiture to Molina Could Sway Aetna-Humana Merger

Aetna and Humana responded to antitrust concerns over their merger with a plan to sell off $117 million of their Medicare Advantage (MA) assets. Molina Healthcare has agreed to purchase the holdings, pending successful completion of the merger. Molina would gain nearly 300,000 members from the 21 states included in the divestiture plan. A…

15 Dec 16
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Mutual of Omaha Reaffirms Commitment to LTC Insurance

Mutual of Omaha will continue to issue long-term care (LTC) insurance, remaining hopeful about the future of the industry, even as others leave the market. Adam Walling, director of producer performance at Mutual of Omaha, committed to LTC insurance in a recent memo to agents, brokers, and distribution partners. “We believe that LTCI provides value through…

8 Dec 16
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Anthem-Cigna Merger Trial Currently Underway

It’s been 17 months since Anthem announced it would buy Cigna for $48.4 billion. With the recent start of the Anthem-Cigna merger trial, we’ll all soon know if they can legally seal the deal. Throughout the two-part hearing, the U.S. Department of Justice, Anthem, and Cigna will argue over the merger’s effect on the…

6 Dec 16
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Aetna-Humana v. Department of Justice Begins

Monday marked the start of the Department of Justice’s anti-trust lawsuit against the Aetna-Humana merger. Last July, Aetna announced their intention to buy rival Humana. A few weeks later, Anthem and Cigna announced their merger. This July, the Department of Justice filed suit against both proposals, dubbing the sales an “unprecedented consolidation in the health insurance…

6 Dec 16
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