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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Cigna-Express Scripts Merger Gets Antitrust Approval

Updates on Upcoming Mergers Cigna has received antitrust approval for their acquisition of Express Scripts. The deal is predicted to fully close by the end of 2018. This is also good news for the CVS-Aetna merger, as that antitrust approval is still in the works. Cigna’s acquisition of Express Scripts was first announced about…

19 Sep 18
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UPDATE: Minnesota Medicare Cost Plan Changes for 2019

Here’s more information on the counties in which Minnesota Medicare Cost plans will no longer be available and a list of important dates for agents and Minnesota Cost plan members to keep in mind. In June, we wrote Medicare Cost plan beneficiaries in several Minnesota counties would see their current coverage terminated due to

11 Sep 18
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CVS-Aetna & Cigna-Express Scripts Deals Likely to Get Approval

The Department of Justice (DOJ) is reportedly very close to approving the mergers between CVS and Aetna and Cigna and Express Scripts. Those familiar with the deals predict the DOJ’s formal antitrust approvals will come within the next several weeks. Update on the CVS-Aetna Merger Regulators reportedly have some concerns that the almost $70 billion deal between…

CMS Mistakenly Sends BCBS Termination Notices to Over 38,000

The Centers for Medicare and Medicaid Services said Wednesday that, due to incorrect information, it mistakenly sent out termination notices to around 38,700 Medicare beneficiaries with plans from Blue Cross Blue Shield of Minnesota.

6 Sep 18
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Errors Found in More than Half of MA Provider Directories

The Centers for Medicare and Medicaid Services (CMS) have found issues, yet again, with Medicare Advantage organization’s provider directories. Upon a thorough investigation conducted from September 2016 to August 2017, CMS found that 52 percent of the provider directory locations listed contained at least one error. When CMS completed its first review from February…

6 Feb 18
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Mutual of Omaha to sell Medicare Advantage in 2019

In a press release Wednesday, Mutual of Omaha announced it will team up with Lumeris, Inc. to offer Medicare Advantage plans in 2019.

18 Jan 18
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Optum and DaVita Medical Group Announce Merger

With an all-cash offer on the table, UnitedHealth Group’s Optum and DaVita Medical Group have a proposed deal to join forces. Optum, which is set to buy DaVita Medical Group (DMG) for $4.9 billion, is the health care services division of UnitedHealth Group. DMG is part of the kidney dialysis firm DaVita Inc. It runs…

8 Dec 17
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Evolent to Acquire Premier’s Ohio MA Business

Earlier this week, Evolent Health announced that they will be taking over the insurance business portion of long-time customer, Premier Health, in early 2018. Evolent has been helping Premier offer value-based care since early 2013. They assisted Premier with the launch of their Medicare Advantage and commercial health plans in 2015, which did quite well…

8 Nov 17
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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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