Ritter Insurance Marketing, Craig Ritter

CBO Estimate for House-Passed AHCA Expected Soon

The Congressional Budget Office (CBO) is expected to release a cost estimate on the newest version of the American Health Care Act (AHCA) next week. On May 4, The House voted 217-213 to approve the bill without a cost estimate. In order to pass the AHCA through the Senate, Republicans have strategized to consider it “

16 May 17
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HHS Cuts ACA Open Enrollment Period in Half

The Department of Health and Human Services amended a few Affordable Care Act rules in an effort to stabilize the current marketplace. Among the major changes is a shrinking of the annual open enrollment period and more strict requirements surrounding special enrollment periods. Open Enrollment The annual open enrollment period for 2018 will begin earlier, opening…

19 Apr 17
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2017 State of the Senior Market: In Review

Last Tuesday, I gave my annual State of the Senior Market address to 370 agents from across the country. You can watch a recording, but if you’d like a quick summary, read on for some of the highlights!

8 Mar 17
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Consumer Group Scrutinizes Trump Medicare Promises

As the annual rate-notice announcement from the Centers for Medicare & Medicaid Services nears, beneficiaries are preparing to fight for their coverage. In February, CMS will inform consumers about changes to Medicare Advantage costs and coverage, as well as overall funding. President Trump made promises during his campaign to protect the Medicare Advantage program, and…

23 Jan 17
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New Limits Placed on Short-Term Health Plans

Short-term health plans are now limited to a period of time no longer than 3 months. The final rule was recently issued by the Department of Health and Humans Services (HHS), the Department of Labor (DOL) and the Internal Revenue Service (IRS). With the inception of the Affordable Care Act, short-term health plans, whose cost…

29 Nov 16
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Boosting the ACA Single Risk Pool

Maintaining the single risk pool has been one of the biggest challenges of the Affordable Care Act. Health and Human Services (HHS) recently proposed a change that aims to boost the ACA risk pool by limiting individual short-term health coverage. In planning stages, the ACA single risk pool was made up of primarily healthy…

31 Aug 16
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Oscar Insurance Reducing 2017 Marketplace Offerings

Oscar Insurance Corporation will be pulling out of the federal marketplace in Dallas, TX, and the entire state of New Jersey for 2017. The company’s exit from the exchange will leave roughly 26,000 New Jersey residents and 7,000 Dallas residents in need of new plans for next year. Oscar’s decision follows closely on the heels…

31 Aug 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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The Impact of Omnibus on Health Insurance Agents

Last week, President Obama signed the 2016 Omnibus Bill to keep the government funded through September 30, 2016. The bill passed the Senate by a vote of 65-33 and passed the House by a vote of 316-113. So, what is the impact of this bill for Health Insurance Agents and what will the…

20 Dec 15
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Marketplace PPO Plans Are Losing Their Punch

The number of silver-level PPOs on the marketplace with no out-of-network financial cap in 2016 has doubled from 2015. As insurers work to keep premium costs stable, out-of-network caps have quickly disappeared. For 2016, 45 percent of the silver-level PPO plans coming to market for the first time have no annual out-of-pocket cap,…

3 Dec 15
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