Blog Archives

News and current information about the insurance industry

CMS announces plans to strength Medicaid program

Earlier this week, Centers for Medicare and Medicaid Services (CMS) announced plans to improve the integrity of CMS’s Medicaid Program. While most of the responsibility for proper medicaid payment is left to the state, CMS has put in place a

Posted in Industry News, Legislative News, Medicare Advantage/Part D Prescription, Medicare Information

WellCare expanding Medicaid membership by purchasing Meridian for $2.5 billion

WellCare Health Plans announced Tuesday they have agreed to acquire Medicaid insurer, Meridian Health Plan, for $2.5 billion. Along with the large volume of Medicaid recipients and benefits, WellCare will also benefit from adding MeridianRx to its portfolio. On Tuesday,

Posted in Company Information, Helpful Tips, Industry News, Medicare Advantage/Part D Prescription, Medicare Information

Attention All Humana Agents:

Often a client is scared to pull the trigger or may want to shop around before selecting a Medicare plan. Humana has made life easier on their agents. They just released is a consumer-driven enrollment process that allows prospects to complete an

Posted in Company Information, Helpful Tips, Industry News, Medicare Advantage/Part D Prescription, Medicare Information, Medicare Supplements, Sales Tips

Medicaid Recipients up for discount for Amazon Prime

Amazon Prime membership is something frequent Amazon shoppers love. It includes free, fast shipping- usually within 2 days, and video streaming all for an annual fee of $99. This is a pretty penny if your on a fixed income. Amazon

Posted in Company Information, Industry News, Legislative News, Medicare Information

CMS is planning to allow Medicare beneficiaries to contract directly with physicians

On Monday, CMS announced they are seeking to release a direct provider contract model that would allow providers to take further accountability for the cost and quality of a designated population to drive better beneficiary outcomes. This new model would

Posted in Company Information, Industry News, Legislative News, Medicare Advantage/Part D Prescription, Medicare Information, Medicare Supplements

2019 payments to Medicare Advantage plans increases 3.4 percent

Last week the government stated it would increase 2019 payments to the health insurers that manage Medicare Advantage insurance plans for seniors and the disabled by 3.40 percent. This is due to the higher-than-expected rise of enrollments reflecting a projection

Posted in Helpful Tips, Industry News, Legislative News, Medicare Advantage/Part D Prescription, Medicare Information, Sales Tips

Walmart talks about buying Humana

The Wall Street Journal released yesterday that Walmart, Inc. is in the early stages of discussion to acquire Humana, Inc. The two have been working together since 2010, selling low-cost prescription drug plans to medicare beneficiaries. One report states, “for Walmart,

Posted in Company Information, Industry News, Legislative News, Medicare Advantage/Part D Prescription, Medicare Information

CVS and Aetna merge to surge

Another merge in the making….shareholders for Aetna and CVS recently approved the merge by 97%. If approved, the nation’s largest pharmacy network will acquire the third-largest health insurer and is set to be finalized by the second half of the year.

Posted in Company Information, Helpful Tips, Industry News, Legislative News, Medicare Advantage/Part D Prescription, Medicare Information

Cigna is set to acquire Express Scripts for $67 billion

Yesterday, Cigna and Express Scripts released they are in a definitive agreement whereas Cigna will acquire Express Scripts. This press release stated this merger is expected to “drive greater affordability and connectivity with customers and their health care providers, while

Posted in Company Information, Industry News, Legislative News, Medicare Advantage/Part D Prescription, Medicare Supplements

CMS rejects Arkansas’ request to scale back Medicaid expansion

On Monday, CMS rejected Arkansas’ request to roll back its Medicaid expansion. However, they did  approved the state’s proposal to impose work requirements on current Medicaid beneficiaries. Modern Healthcare reports, “the state sought to scale back eligibility to residents earning

Posted in Affordable Care Act, Company Information, Helpful Tips, Industry News, Legislative News, Medicare Advantage/Part D Prescription, Medicare Information