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Archive for the ‘CareMore’ Category

Cigna has cleared the first hurdle in it’s acquisition of Medicare advantage provider, HealthSpring.  Here is a link to the story from CBS News.

The Cigna/HealthSpring deal was valued at $3.8 billion and was the largest in a series of acquisitions in the Medicare advantage market which have occurred in 2011.

Virtually all of the major carriers in the Medicare advantage market have completed sizable deals in 2011 including UnitedHealth, Humana, WellPoint and Cigna.  The only major player who is yet to make an acquisition is Aetna (but there are still a few weeks left in 2011!)  Earlier this year, however, Aetna did acquire a Medicare Supplement business from Genworth, so they seem to like to business.

Earlier this week, United announced the acquisition of XLHealth which further reduced the number of potential candidates.

I commented back in August that I felt the deals would continue and I still feel the same.

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Here is a link to an article with more details.  CareMore is a Medicare Advantage plan with membership in CA, AZ and NV.

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This past Thursday, Wellpoint announced a deal to acquire Medicare Advantage provider, Caremore.  Caremore operates in 3 states:  CA, NV and AZ.  Caremore has approximately 54,000 members.  The terms of the deal weren’t disclosed, however, it has been reported that Wellpoint will pay $800 million for Caremore.  The deal is expected to close before the end of this year.

For more details, see the Indy Star report on the story.

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This past week we held webinars for Caremore, Preferred Care partners and Bravo to review their Special needs plans.  Below you will find a copy of the presentation along with any supporting materials.  We did record the webinars so click on ‘Link to recording’ to listen.   

Caremore presentation
Caremore website
Certification page on wiki
Link to recording

Preferred Care Partners presentation
Preferred Care Partners website
Certification page on wiki
Link to recording – coming soon

Bravo presentation
Bravo website
Certification page on wiki
Link to recording

Basics of SNP Blog Link

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Last week to prepare for AEP! This week there are great training opportunities to help you get ready to sell.  Registration is “one click” away at Ritter Insurance’s “Event’s Calendar”! (You must be logged in to register!)

  • Monday, Oct. 25th; Aetna’s Individual 2011 Producer Certification Program webinar is open to all agents. 2011 Coventry Product Training seminar is being held in Savannah, GA. Foresters New Agent Training webinar is open to all agents.
  • Tuesday, Oct. 26th;   Anthem Blue Cross-Medicare Products-Online Store Training webinar is open to CA agents. Baltimore Life Tele-sales Training for Silver Guard Products Using INSpeed and Baltimore Life Wealth Transfer Program Using the Single Premium Whole Life (SPWL) Product webinar trainings are open to all Baltimore Life licensed agents. Caremore 2011 Product Training is being held in Cerritos, CA. Coventry GHP-CCP Product Training is being held in St. Louis MO. Coventry 2011 Product Training webinar is open to all agents. Mercy Health Plan, a Coventry product, is hosting two training sessions in Earth City, MO. Foresters Training Events is being held in Houston, TX. Molina Medicare 2011 Broker Training seminar is being held in Buena Park, CA. Molina Medicare 2011 Broker Training webinar is open to OH and TX agents. Preferred Care Partners Medicare CRM Training webinar is open to FL agents. Universal Health Care’s Florida Benefit Training webinar is open to FL agents.
  • Wednesday, Oct. 27th; Anthem Blue Cross 2011 Enrollment Period Training-Medicare Products webinar is open to CA agents. 2011 Coventry Product Training is being held in Savannah, GA. Foresters Training Events is being held in Houston, TX. Molina Medicare 2011 Broker Training webinar is open to agents in MI and NM. Preferred Care Partners Medicare CRM Training webinar is open to agents in FL.
  • Thursday, Oct. 28th; Anthem Blue Cross 2011 Enrollment Period Training-Medicare Products webinar is open to CA agents. Bravo Health Recertification Training is being held in El Paso, TX. Molina Medicare 2011 Broker Training is being held in Spokane, WA. Molina is also holding a webinar in FL for FL agents. Preferred Care Partners Medicare CRM Training webinar is open to FL agents.
  • Friday, Oct. 29th; Ritter Insurance Marketing will be hosting a webinar session for new agents or agents that are looking for a FMO. Aetna Advantage Plans for Individuals, Families and the Self-Employed training is being held in Southfield, MI. Molina Medicare 2011 Broker Training seminar is being held in WA. Universal Health Care’s PFFS Benefit Training webinar is open to all agents.

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