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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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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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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Empowering Seniors’ Enrollment Decision Act of 2018 Introduced

On August 10, Rep. Erik Paulsen (R-MN) introduced H.R. 6662, the Empowering Seniors’ Enrollment Decision Act of 2018, into Congress. If passed, the bill will amend Section 1851(e)(2)(F) of title XVIII in the Social Security Act to “extend the special election period under part C of the Medicare program for certain deemed individuals enrolled…

31 Aug 18
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Listen to the Agent Survival Guide Podcast

If you like the articles on our companion blog, the Agent Survival Guide, you’ll love the power to take them with you wherever you go. Tune in for marketing tips and strategies for selling Medicare, Long-Term Care, Life, Annuities, and Final Expense. The ASG Podcast also helps you stay compliant with the latest CMS guidelines…

26 Mar 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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Medicare Announces 2018 Parts A & B Premiums and Deductibles

On Friday, CMS released the costs for Original Medicare coverage for 2018. Medicare Part B premiums will rise for many, but not for all. Part B About 70 percent of Medicare Part B enrollees will see an increase from the average $109 premium they paid in 2017. In the coming year, Social Security benefits…

21 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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How 2018 Social Security COLA Affects Part B enrollees

On Friday, the Social Security Administration announced that the cost-of-living adjustment (COLA) for 2018 will see a 2 percent increase in benefits from 2017, resulting in the largest adjustment since 2012. The increase will affect more than 69 million people, including more than 8 million Supplemental Security Income recipients. They’ll receive roughly $27…

2016 Medicare Parts C & D Audit & Enforcement Findings

Last Tuesday, the Centers for Medicare and Medicaid Services (CMS) released their 2016 Medicare Parts C and Part D Program Audit and Enforcement Report. This report summarizes the audit findings on carriers’ Compliance Program Effectiveness (CPE), Part D Formulary and Benefit Administration (FA), Part D Coverage Determinations, Appeals, and Grievances (CDAG), Part C Organization…

16 May 17
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