Ritter Insurance Marketing, Craig Ritter

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
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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
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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
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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
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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
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2017 Cigna Medicare Advantage Acquisitions Possible

It’s only been one month since its $54 billion deal officially ended with Anthem, but Cigna is already on the lookout for new potential business partners. It’s possible we could see Cigna Medicare Advantage acquisitions in 2017. Cigna Chief Executive Officer David Cordani stated the company has $7 billion to $14 billion it could use…

CMS Lifts Sanctions on Cigna MAPD

Cigna, whose Medicare Advantage business has been under sanctions for 18 months, is once again free to enroll customers in MA plans beginning July 1, according to a filing from the Securities and Exchange Commission. The Centers for Medicare and Medicaid Services lifted a suspension placed in January 2016 after “widespread and systemic” failures…

16 Jun 17
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Aetna CEO Sparks Single-Payer Health Care Discussion

During a recent private meeting with shareholders, Aetna CEO Mark Bertolini suggested Americans should start the discussion about single-payer insurance, but does it mean what we think it means? Leaked discussion reports him saying, “Single-payer, I think we should have that debate as a nation.” Why would the CEO of America’s fifth-largest private insurance company…

1 Jun 17
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Molina Healthcare Ousts CEO, CFO

Citing poor financial results, Molina Healthcare has removed its top two executives, both sons of its former founder. Molina is one of the major publicly-traded insurers still active on the health care exchanges, with more than 1 million customers enrolled, according to the LA Times. The shake-up could mean one of two things for…

3 May 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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