Ritter Insurance Marketing, Craig Ritter

CMS Releases 2018 Advance Notice & Draft Call Letter

We’ve got the 159-page 2018 Advance Notice and Draft Call Letter from CMS calling for a modest 0.25% payment increase to Medicare Advantage plans in 2018. But take note: If there’s an increase in risk scores, that figure could rise to as much as 2.75%. Currently, CMS determines risk scores based on a blend…

21 Feb 17
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Medicareful Expands Opportunities for Insurance Agents

We’ve done a lot in the last year to strengthen Medicareful’s standing in the online Medicare marketplace, and I truly believe now’s the time to join in! Our consumer-facing product comparison is available for FREE to any agent with a preferred contract through Ritter, and you can contact Courtney Knapp (800-769-1847 ext. 257) for details…

8 Feb 17
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Aetna-Humana Merger Blocked

Federal Judge John Bates handed down his decision to block the Aetna-Humana merger Monday. He addressed the $37 billion-dollar merger in a 156-page ruling. “In this case, the government alleged that the merger of Aetna and Humana would be likely to substantially lessen competition in markets for individual Medicare Advantage plans and health insurance…

23 Jan 17
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Ruling in Aetna-Humana Merger Expected Soon

A ruling from U.S. District Court Judge John Bates in the case of Aetna-Humana vs. Department of Justice should be coming soon. The Department of Justice (DOJ) seeks to block the merger, fearing monopolies in the Medicare Advantage (MA) and Affordable Care Act (ACA) markets — though Aetna has left the ACA market in most states….

20 Jan 17
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Medicare Announces 2017 Parts A & B Premiums and Deductibles

This year’s Social Security cost-of-living adjustment will increase Medicare costs for beneficiaries. Part B About 70% of Medicare beneficiaries will pay $109 for their 2017 Part B monthly premiums, a 3.9% increase compared to the past four years. The remaining 30% not “held harmless” will have a monthly premium of $134 in 2017, up…

11 Nov 16
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0.3% Social Security COLA Increase Will Affect Medicare Part B Premiums

The cost of living adjustment (COLA) for 2017 will rise only 0.3 percent after staying flat in 2016. What’s that mean for seniors on Medicare? For most, not a whole lot. For others, a potential hit to the wallet due to shifting in Part B premiums. The 2017 COLA increase equates to an extra…

19 Oct 16
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WellCare to Expand Arizona Presence

Consolidation has been a major theme in the health insurance industry. And it looks like we could see more of it next year. Pending regulatory approvals, a new deal will allow WellCare to expand its business in Arizona. WellCare Health Plans Inc. recently announced that it plans to buy two subsidiaries of Care1st Health Plan, an affiliate of…

6 Oct 16
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Find 2017 MAPD Data on Ritter’s Medicare Quote Engine

We’ve now finished incorporating ALL summary of benefits data for ALL 2017 Medicare Advantage plans on our Medicare Quote Engine! I’ve always believed up-to-date information is essential to your success and our applications reflect that! Now you compare the benefits for any 2017 plans side by side, just select the year you want in…

23 Sep 16
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eHealth Medicare Membership Grows 42% Year over Year

eHealth’s stock is poised to rise this morning as the company reported strong earnings last night. On the conference call, they shared that their strategy of investing heavily in Medicare, while managing Individual and Family plans for profitability is working quite well. Their overall Medicare membership jumped 42% from 155,000 to over 220,000,…

29 Apr 16
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Early Thoughts on 2017 Medicare Advantage Reimbursement Rates

CMS published their “rate book” for Medicare Advantage reimbursements for 2017. The top line story in the press focuses on one number which is the “average” increase for 2017. The way this works, CMS publishes an advance notice and then the final payment numbers 45 days later. In the advance notice, CMS put out an…

25 Apr 16
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