Ritter Insurance Marketing, Craig Ritter

DOJ Grants Preliminary Approval on CVS-Aetna Merger

The Department of Justice granted preliminary approval for CVS and Aetna to move forward with their $69 billion merger, signaling a potential change in how many American consumers access health care. On September 27, Aetna announced their agreement to sell their Medicare Part D drug plan business to WellCare Health Plans to ease…

11 Oct 18
Posted By:

Aetna to Sell Medicare Part D Business to WellCare Health Plans

Plans for the Future Aetna has agreed to sell the assets from their Medicare Part D business to WellCare Health Plans in hopes of greasing the rails for approval of its merger with CVS. The financial terms of the transaction have not yet been disclosed. However, the deal is contingent upon approval from…

28 Sep 18
Posted By:

Cigna-Express Scripts Merger Gets Antitrust Approval

Updates on Upcoming Mergers Cigna has received antitrust approval for their acquisition of Express Scripts. The deal is predicted to fully close by the end of 2018. This is also good news for the CVS-Aetna merger, as that antitrust approval is still in the works. Cigna’s acquisition of Express Scripts was first announced about…

19 Sep 18
Posted By:

CVS-Aetna & Cigna-Express Scripts Deals Likely to Get Approval

The Department of Justice (DOJ) is reportedly very close to approving the mergers between CVS and Aetna and Cigna and Express Scripts. Those familiar with the deals predict the DOJ’s formal antitrust approvals will come within the next several weeks. Update on the CVS-Aetna Merger Regulators reportedly have some concerns that the almost $70 billion deal between…

CMS Mistakenly Sends BCBS Termination Notices to Over 38,000

The Centers for Medicare and Medicaid Services said Wednesday that, due to incorrect information, it mistakenly sent out termination notices to around 38,700 Medicare beneficiaries with plans from Blue Cross Blue Shield of Minnesota.

6 Sep 18
Posted By:

Mutual of Omaha to sell Medicare Advantage in 2019

In a press release Wednesday, Mutual of Omaha announced it will team up with Lumeris, Inc. to offer Medicare Advantage plans in 2019.

18 Jan 18
Posted By:

Optum and DaVita Medical Group Announce Merger

With an all-cash offer on the table, UnitedHealth Group’s Optum and DaVita Medical Group have a proposed deal to join forces. Optum, which is set to buy DaVita Medical Group (DMG) for $4.9 billion, is the health care services division of UnitedHealth Group. DMG is part of the kidney dialysis firm DaVita Inc. It runs…

8 Dec 17
Posted By:

CVS to Merge with Aetna in $69 Billion Deal

On Sunday, CVS Health announced its plans to buy health insurance giant Aetna in a $69 billion deal. Each company’s board of directors fully supported the move. CVS Health (CVS) is a leading pharmacy benefits manager that serves approximately 90 million plan members. Aetna, a health care benefits company, serves roughly 44.6 million individuals as…

4 Dec 17
Posted By:

Humana MA Receives High Star Ratings

Humana MA star rating

In October, Humana, a Medicare Advantage HMO, PPO and PFFS organization, announced that several of its Medicare Advantage (MA) plans received 4.5 stars on the 5-star rating system from the Centers for Medicare and Medicaid Services (CMS). While all of the carrier’s MA plans received 3.5 stars or more on CMS’ 5-star rating system,…

26 Oct 17
Posted By:

UnitedHealth Group and AARP Extend Partnership

UnitedHealth Group and AARP have agreed to extend their partnership from 2020 to 2025. Under the deal, AARP allows UnitedHealthcare to use the organization’s brand on its Medicare plans. The contract includes the option to further the relationship until 2030 if it continues to be mutually beneficial. The two companies teamed up in 1997…

20 Jul 17
Posted By:

© Ritter Insurance Marketing