Ritter Insurance Marketing, Craig Ritter

CMS Moves ACA Enrollment for 2016 to November 1st, 2015 through January 31st, 2016

There was tremendous concern about the Open Enrollment for ACA and Medicare entirely overlapping.  On Friday, CMS changed the Open Enrollment for 2016 for ACA enrollment to November 1st, 2015 through January 31st, 2016.  The Medicare Open Enrollment will remain October 15th through December 7th. See Page 8 of the 2016 ACA Call…

Anthem Profit Soars, Expects Strong 2015

Anthem reported over $500 million in profit for the fourth quarter of 2014.  Anthem benefited from an improved loss ratio and rate increases on existing business.  Anthem’s overall Medicare advantage business was down sharply, however, this was primarily due to the loss of a large group.  Individual Medicare advantage fared better.  Further, Anthem acquired a…

29 Jan 15
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Enrollment Data Shows Big Gains in 2015 for Highly Rated Medicare Advantage Plans

CMS has published it’s 1/1/15 Medicare Enrollment figures and this report from AIS Health talks about some of the winners and losers, but the common theme is that plans with 3.5 stars or lower performed much worse than 4.0 star and higher plans.  This is primarily due to the loss of the CMS Demonstration…

29 Jan 15
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Banner to Acquire University of Arizona Health Network

Banner, the largest hospital system in Arizona, is about to get bigger with approval to acquire University of Arizona Health Network. Read the full story from the Business Journal.

29 Jan 15
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Marilyn Tavenner Resigns Post as Head of Center for Medicare Medicaid Services (CMS)

Marilyn Tavenner announced her resignation from CMS today.  She served as the Head of CMS since 2010 and oversaw much of the implementation challenges around the Affordable Care Act.  She was involved with the botched rollout of the Healthcare.gov website in 2013 and more recently accused of over inflating healthcare enrollment numbers by 400,000 due…

16 Jan 15
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CMS Issues Special Election for Medicare Products for Western New York

Here is a copy of the release.  WesternNYEnrollment-20141201-1 The SEP will allow Medicare beneficiaries impacted by the snow in WNY to enroll in plans between December 7th and December 31st by calling 800-MEDICARE.

2 Dec 14
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AM Best Assigns "A" Rating to SilverScript Insurance Company

SilverScript Insurance Company, a CVS Health company, earned an initial rating of “A” (Excellent) with AM Best.  Here is a link to the announcement. While an A.M. Best rating is not required for Medicare Part D plan sponsors, the rating provides the consumer another tool in which to make educated insurance based decisions. …

23 Oct 14
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Highmark Request to Block Hearing Denied

Basically, this means that today’s scheduled court date will stand.  Here is the story from the Post Gazette. Highmark was looking for the Federal Judge to dismiss the Commonwealth of PA’s case against Highmark, but that court case will go on. Hopefully, we’ll know pretty soon if this product can be legally sold…

22 Oct 14
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