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Do you need insurance product training? RitterIm.com has an up-to-date posting of all the top carriers’ trainings on our event calendar. Registration is “one click” away at Ritter Insurance’s “Events’ Calendar”! (You must be logged in to register!)

  • Monday, February 13, 2012 – Foresters New Producer Training webinar is open to all agents.
  • Tuesday, February 14, 2012 – Baltimore Life Silver Guard INSpeed Call Center Process Training and Baltimore Life Home Secure Mortgage Term Protection Training webinars are open to all Baltimore Life licensed agents. Aetna Senior Supplemental Insurance Products seminar is being hosted in Augusta, GA. Freedom Health/Optimum New Agent Face to Face Training is being hosted in Ocala, FL. Care Improvement Plus Study Hall Events seminar is being hosted in Tucker, GA. Care Improvement Plus Launch Party is being hosted in Albany, NY.
  • Wednesday, February 15, 2012 - Aetna Senior Supplemental Insurance Products seminar is being hosted in Atlanta, GA. Freedom Health/Optimum New Agent Face to Face Training seminar is being hosted in Casselberry, FL.
  • Thursday, February 16, 2012 – Ritter Insurance Marketing is hosting a New Agent Orientation Training webinar that is open to all agents. Ritter is also hosting a Prescription Drug Plans Part D webinar that is open to all agents. Aetna Senior Supplemental Insurance Products seminar is being hosted in Marietta, GA. Freedom Health/Optimum New Agent Face to Face Training seminar is being hosted in Tampa, FL. Care Improvement Plus Study Hall Events is being hosted in St. Charles, MO.
  • Friday, February 17, 2012 – Care Improvement Plus Study Hall Events is being hosted in Macon, GA and Springfield, MO.
  • Monday, February 20, 2012 – Humana 2012 Certification Class PPO, PFFS, PDP is being hosted in Phoenix, AZ.

Here is the story from MarketWatch.  The acquisition adds 117,000 Medicare advantage members.  XLHealth operated Care Improvement Plus which specialized in Special Needs Medicare Advantage plans.

A bipartisan, companion Senate bill to House bill H.R. 1206, which proposed excluding insurance agent compensation from medical loss ratio (MLR) calculations will be introduced in the next few days.   Some of the more notable changes to House bill would be removing commissions from the MLR calculation for small group and individual health programs.  Commissions on large groups and bonuses for small group and individual would not be exempt from the MLR calculation (LifeHealthPro).   Good news for the agent community?  Encouraging news for our industry on the political front due to the bipartisanship?  Not so fast according to a Director at Health and Human Services (IFAwebnews.com ), who believes there is no room for a regulatory fix on this issue.   Recently, in December 2011, Health & Human Services went against the NAIC and decided to not exempt agent commissions from the MLR rule.   It seems that NAHU is leading a charge for change that is making an impact with the legislature.  But unfortunately, it seems all of this is going to be decided by one thing and one thing only, the ruling by the Supreme Court this coming July.  Let’s hold out hope for positive change and most importantly, more reasonable commissions.  It sure will be interesting to watch between March and July.  Stay tuned.

Here is the story from the Baltimore Sun.  This transaction closed yesterday.  The acquisition of HealthSpring is a major step in building Cigna’s presence in the Medicare Advantage and Part D market.  Prior to adding HealthSpring, Cigna’s business in Medicare Advantage was limited to an HMO plan in the Phoenix market.

Do you need insurance product training? RitterIm.com has an up-to-date posting of all the top carriers’ trainings on our event calendar. Registration is “one click” away at Ritter Insurance’s “Events’ Calendar”! (You must be logged in to register!)

  • Monday, January 30, 2012; There are not scheduled trainings at this time.
  • Tuesday, January 31, 2012; There are not scheduled trainings at this time.
  • Wednesday, February 1, 2012; There are not scheduled trainings at this time.
  • Thursday, February 2, 2012;  Baltimore Life Silver Guard INSpeed Call Center Process Training webinar is open to all agents. Why Does My Client Need a Medicare Supplement?, a Ritter webinar, is open to all agents.
  • Friday, February 3, 20012; There are not scheduled trainings at this time.
  • Monday, February 6, 2012; There are not scheduled trainings at this time.

Recently, Geisinger got the regulatory approval required to acquire Community Medical Center.  Here is a link to the proposal where Geisinger will be investing nearly $160 million in improving their clinical programs, recruit doctors and expand and improve the facilities.

In late December 2011, AM Best upgraded their financial strength ratings for both American Continental and Continental Life of Brentwood Tennessee from A- to A (Excellent).  The ratings upgrades were attributed to both premium and membership growth as well as the expected support of their new parent company, Aetna.  Aetna closed on their acquisition of these companies earlier in 2011.

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