Ritter Insurance Marketing, Craig Ritter

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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Aetna-Humana Merger Blocked

Federal Judge John Bates handed down his decision to block the Aetna-Humana merger Monday. He addressed the $37 billion-dollar merger in a 156-page ruling. “In this case, the government alleged that the merger of Aetna and Humana would be likely to substantially lessen competition in markets for individual Medicare Advantage plans and health insurance…

23 Jan 17
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Ruling in Aetna-Humana Merger Expected Soon

A ruling from U.S. District Court Judge John Bates in the case of Aetna-Humana vs. Department of Justice should be coming soon. The Department of Justice (DOJ) seeks to block the merger, fearing monopolies in the Medicare Advantage (MA) and Affordable Care Act (ACA) markets — though Aetna has left the ACA market in most states….

20 Jan 17
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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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Major Health Insurers Release Q3 Earnings Reports

The major players in the industry recently unveiled their third quarter earnings reports. All were very positive about their Medicare business, and not surprisingly, there were not many positive comments regarding the individual health marketplace (ACA business). There was also talk of the Anthem/Cigna and Aetna/Humana mergers, so the next three months will help clarify…

8 Nov 16
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Aetna-Humana Trial Date May Jeopardize Merger

U.S. District Judge John Bates is set to hear arguments on the Aetna-Humana merger on December 5. The deal must close by December 31 or Aetna will have to pay Humana a $1 billion break-up fee. Judge Bates said he expects a decision around mid-January, after a 13-day trial in December. He was originally going…

16 Aug 16
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U.S. Set to Block Two Big Health Insurance Mergers

According to an article published by Insurance Business America, it’s likely that the U.S. Justice Department will file lawsuits against two big health insurance mergers in the process of seeking approval. U.S. antitrust officials are skeptical that the Aetna-Humana and Anthem-Cigna health insurance mergers would favor competition in the industry. Those familiar with the matter report that that…

19 Jul 16
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Aetna-Humana Merger Gains Key Approval

Nearly two weeks into February, Aetna and Humana have gained not only their tenth state approval, but one of the most important approvals for their desired Aetna-Humana merger. Florida regulators have given the nod to Aetna’s $37 billion acquisition of Humana. The merger will create the largest health insurer in the state. In the consent order,…

22 Feb 16
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Could Humana Be Next to Leave the ACA Market?

It’s possible another big name health insurer may reconsider its presence in the Affordable Care Act (ACA) market. Although there’s still a few weeks left in the 2016 Open Enrollment Period, Humana has announced that it most likely won’t receive enough money to cover the cost for some shoppers who purchased individual plans. The news has some…

18 Feb 16
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Aetna Acquires Humana for $37 Billion

Here are some details from Yahoo Finance. This deal, if approved by regulators, would push Aetna to the No. 1 position in the Medicare Advantage space and would significantly increase their position in ACA and Tricare business. It would also vault Aetna to the No. 2 position overall as a health insurer, vaulting Anthem. United Healthcare…

3 Jul 15
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