Ritter Insurance Marketing, Craig Ritter

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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2017 State of the Senior Market: In Review

Last Tuesday, I gave my annual State of the Senior Market address to 370 agents from across the country. You can watch a recording, but if you’d like a quick summary, read on for some of the highlights!

8 Mar 17
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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 Linda Kennedy (800-769-1847 ext. 373) 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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