Ritter Insurance Marketing, Craig Ritter

Anthem Profit Soars, Expects Strong 2015

Anthem reported over $500 million in profit for the fourth quarter of 2014.  Anthem benefited from an improved loss ratio and rate increases on existing business.  Anthem’s overall Medicare advantage business was down sharply, however, this was primarily due to the loss of a large group.  Individual Medicare advantage fared better.  Further, Anthem acquired a…

29 Jan 15
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WellPoint to Change Name to Anthem

Must admit that this one was confusing for me!  WellPoint is the parent company of Anthem.  Consumers, for the most part, are more familiar with the Anthem brand.  Pending shareholder approval, the company will be known as Anthem, Inc. to provide consumers with a single brand to recognize. Here is the story from…

Anthem Adds Hospitals to Medicare Advantage Networks in Indiana and New Hampshire

Anthem added 8 hospitals associated with Indiana University effective 12/15/12 to improve their provider network in Indiana for their Medicare Advantage plans. In New Hampshire, Anthem added Portsmouth Regional Hospital and Parkland Medical Center effective 1/1/13 to improve their Medicare Advantage plan’s networks there.

27 Jan 13
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Wellpoint CEO Resigns

Angela Braly, CEO of WellPoint, resigned last night due to pressure from shareholders.  Here is the story from Business Week.  WellPoint is the parent company of Anthem and operates Blue Cross and Blue Cross Blue Shield franchises in 14 states.

29 Aug 12
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Cigna gets Anti-Trust Approval for Acquisition of HealthSpring

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…

23 Nov 11
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WellPoint Completes Acquistion of CareMore

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

24 Aug 11
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Ritter 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)

Wellpoint to Acquire Caremore

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…

13 Jun 11
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Anthem Launches Website for Agents, Brokers, Employers and Consumers on Health Care Reform

Recently, Anthem launched a website with information on Healthcare Reform for agents, employers and clients.  Here is a link to the website. I also linked to the website in our agent use only forum for Anthem!

29 May 11
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Anthem Blue Cross and UC Davis Medical Center Reach Provider Agreement on Medicare Advantage Plans

UC Davis Medical Center serves more than 200,000 patients/year in the Sacramento County area. Anthem Blue Cross and UC Davis Medical Center have reached an agreement which makes the UC Davis Medical Center an in-network provider for Anthem Blue Cross Medicare Advantage products. Here is a link to the press release. Related Articles

15 Nov 10
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