Ritter Insurance Marketing, Craig Ritter

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
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WellCare to Buy Universal American for $800 Million

Today, WellCare Health Plans announced their intentions to buy Universal American for $800 million, including the assumption of $200 million in Universal debt. The Tampa-based company will gain thousands of members through the acquisition of its smaller rival. The deal will add 65,000 members in Houston, Texas, and 14,000 members in the northeast, primarily in New York….

17 Nov 16
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Universal American to Focus on Core MA Markets

I was listening to Universal American’s investor call this morning and the CEO, Richard Barasch, announced a new focus on their core market states for 2015.  A copy of the investor call powerpoint/call deck can be found here (see pages 8 and 9). Core markets include their HMO markets of Texas and Oklahoma…

29 Jul 14
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Insurance Product Training – Aug 6, 2012 – Aug 13, 2012

Do you need insurance product training? RitterIm.com has an up-to-date posting of all the top carriers’ trainings on our event calendar. Registration is “one click” away at Ritter Insurance’s “Events’ Calendar”! (You must be logged in to register!)

  • Monday, August 6 – Foresters PlanRight Updates Training webinar is open to all agents. United…
    3 Aug 12
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Ritter Launches “Enroll Now” Feature on MedicareQuoteEngine.com for Universal American Companies, including Marquette, Constitution and American Progressive

Today, we launched an exciting new feature to the MedicareQuoteEngine.com web service.  Now, in addition to being able to quote 150 Medicare Supplement companies and compare 2011 and 2012 Medicare Advantage and Medicare Part D plans, you can begin the process of enrolling a client over the phone with Universal American companies eApp system with…

30 Sep 11
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Ritter Insurance Marketing Weekly Forum Updates

Ritter Insurance Marketing is committed to providing our agents with information about the insurance industry. Below are links to the lasted news in your state. (Must be logged into ritterim.zendesk.com/ to view forums)

Universal American Announces Timing of Closing of CVS/Caremark Transaction

According to Universal American, they expect the transaction which will result in the sale of their PDP business to CVS/Caremark to close on Friday, April 29th, 2011. Here is the story from Insurance News.

28 Apr 11
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CVS Caremark to Buy Universal American Part D Business

Today CVS Caremark announced the acquisition of Universal American’s Part D business.  CVS Caremark will buy the entire company for $1.25 billion.  In addition to the $1.25 billion, current shareholders will be issued stock in a new company which will contain the traditional insurance business and Medicare Advantage business of Universal American.  The Part D…

31 Dec 10
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CMS Announces Marketing Sanctions for Three Medicare Advantage Carriers: Health Net, Arcadian and Universal American

Update:  We’ve added an emergency webex call for agent on Tuesday, November 23rd at 3pm EASTERN time.  Click here for details and to register. CMS isssued a press release on Friday afternoon announcing these marketing sanctions.  The sanctions for Health Net took effect at mid-night last Friday, so as I write this, they are…

22 Nov 10
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Insurance Product Training – Sept. 27th – Oct. 1

Another week with in-depth training that will prepare the senior insurance agent for AEP. AEP is right around the corner, so be ready by licensing and re-certifying now. The listed training sessions will help you do just that. Registration is “one click” away at Ritter Insurance’s “Event’s Calendar”! (You must be logged in to…

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