Ritter Insurance Marketing, Craig Ritter

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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2018 Maximum Broker Commissions for Medicare Advantage & Medicare Part D

For the third year in a row, CMS has raised maximum broker commissions for Medicare Advantage and Medicare Part D initial enrollments. Note, insurance providers are NOT REQUIRED to pay the maximum commission rate. We’ll report when insurance companies’ release their 2018 filings in the coming months. Medicare Part D Maximum Broker Commissions Initial commissions increased…

31 May 17
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Aetna and Banner Health Network Form New Health Plan

Amidst potential mergers and shutdowns, Aetna and Banner Health Network (Banner) have announced that they plan to form a new joint venture health insurance plan in Arizona. Aetna and Banner’s History This isn’t the first time that Aetna and Banner have teamed up. Rather, this new effort expands upon the success of their jointly…

9 Nov 16
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Health Care Marketplace Good News Roundup

Despite a myriad of carrier exits this year, there are still insurers working to offer Americans affordable coverage through the health care exchange. Here are a few recent stories to highlight places where the ACA marketplace has seen success. Jump to state: Arizona Colorado Maine North Carolina   Maine CO-OP Making…

31 Oct 16
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Roundup of 2017 Medicare Advantage Plan Disruptions

There are a handful of 2017 Medicare Advantage plan disruptions that senior market agents should be aware of. Starting next year, Aetna MA members will no longer have in-network access to providers in the Rochester Regional Health system. Additionally, New West Health Services will be closing its doors at the end of this year. Read…

28 Oct 16
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Oscar Health Outsourcing NYC Jobs to Arizona

More than two dozen employees on Oscar Health’s New York-based member services team have been asked to follow their old position to Arizona, where it seems the insurer could have designs on offering a health plan in the near future. Plans to Expand In a recent statement, the company said the move to Tempe…

7 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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Highmark Will Stay in ACA Marketplace

Highmark recently announced it has no plans to leave the ACA Marketplace. Unlike other carriers who have dropped out or scaled back coverage for 2017, Highmark plans on sticking with the exchange in Pennsylvania, Delaware, and West Virginia. The announcement came alongside the company’s financial results for the first half of 2016. During the…

30 Sep 16
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PA Changes LTC Partnership Requirements

Pennsylvania Insurance Commissioner Teresa Miller recently announced a change in Long-Term Care (LTC) Partnership requirements that should help hold down premium increases. The adjustment allows for greater flexibility in the policy inflation protection that’s required by the federal government. Long term care partnership policies allow the policyholder to preserve personal assets equal to the…

29 Sep 16
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BCBS of Nebraska Leaving ACA Marketplace

Not so long ago, Nebraskans had three carriers they could choose an individual health plan from on the state’s Affordable Care Act exchange. Now, they have two as a result of Blue Cross and Blue Shield of Nebraska (BCBS of Nebraska) exiting the state’s ACA marketplace. With only a few weeks to go before the…

26 Sep 16
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