Ritter Insurance Marketing, Craig Ritter

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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UnitedHealthcare Keeps Top Spot Amid Pending Mergers

UnitedHealthcare continues to enjoy the top spot in health insurance as Anthem and Aetna prepare to fight federal lawsuits against their proposed mergers with Cigna and Humana, respectively. Market Share If the Aetna-Humana and Anthem-Cigna mergers go through, the top five names in health insurance would be reduced to three. Anthem-Cigna would also steal UnitedHealthcare’s spot…

2 Aug 16
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Aetna to Abandon Ship with AHIP

A big storm could be brewing. On January 5, Aetna, the nation’s third-largest health insurer, announced that it has decided not to renew its membership with America’s Health Insurance Plans (AHIP). Aetna is now the second of the nation’s top-five largest insurers to leave the leading health insurer trade group. Rumors started flooding the streets…

18 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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UnitedHealth Releases Earnings, Tops Estimates

UnitedHealth Group is the first of the major insurers to post their 4th quarter earnings. Analysts will look closely at these earnings to determine the overall health of the insurance industry. As I’ve talked about before, UnitedHealth took a hit this year in the ACA business, but their earnings surprisingly topped estimates. UnitedHealth’s earnings…

22 Jan 16
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UnitedHealth Warns It May Exit ACA Market

There’s more trouble in the Affordable Care Act waters. UnitedHealth Group, the largest insurer in America, downgraded its earnings forecast for 2015, claiming its marketplace plans were thumping its bottom line. In short, UnitedHealth questioned the long-term stability of it’s exchange business and expressed an unwillingness to subsidize the business going forward. According to…

20 Nov 15
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UnitedHealthcare MA Members to Have Access to UPMC

UnitedHealthcare Medicare Advantage members will now have in-network access to care at all UPMC facilities. The new access will shuffle the Medicare market in Western Pennsylvania. While Pittsburgh-based UPMC is already an in-network provider for those on UnitedHealthcare’s employer-sponsored, individual and Medicaid health plans, the network is expanding to those on UnitedHealthcare MA plans for the…

6 Oct 15
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OptumRx and Catamaran Form Stronger PBM

UnitedHealth Group’s pharmacy benefit management (PBM) company, OptumRx, recently partnered with fellow servicer Catamaran to create a new offering in pharmacy care, continuing a trend of consolidation. A PBM processes prescriptions for the groups that pay for drug, usually insurance companies or corporations, and use their size to negotiate with drug makers and pharmacies. According…

4 Sep 15
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UnitedHealth Group’s 2015 Second Quarter Results

UnitedHealth Group reported its second quarter results on July 16, 2015. You can view the full report here on Business Wire’s website. For your quick-reading, I’ve highlighted some of the results below: Overall, UnitedHealth Group experienced strong, steady growth in the second quarter. Its revenues surpassed $36 billion, an increase of 11 percent year-over-year. Additionally, the revenues of…

4 Sep 15
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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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