Blog Archives

News and current information about the insurance industry

Cigna And Express Scripts Deal Completed

For those that don’t already know Cigna has been acquiring Express Scripts to try and generate meaningful savings in medical and pharmacy costs for its members. The $54 billion acquisition completed December 20, 2018. David Cordani, Cigna’s president, said the

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

Post AEP Survey Results and Analysis

How are you feeling about this AEP? The average answer was 71, with 0 being awful and 100 being amazing. AEP can be really stressful especially due to the time crunch so we are happy that our agents averaged out

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

CVS And Aetna Have Until Dec. 14 To Show Why Their Consolidation Shouldn’t Be Held Off

In a highly unusual move, a federal judge on Monday told pharmacy giant CVS Health Corp and the insurer Aetna that they can’t start their consolidation and must keep their management separate until he weighs in on their $70 billion merger.

Posted in Industry News

What is CVS Health going to do with the Aetna business?

We are excited to share that CVS Health, the nation’s premier health innovation company, has completed its acquisition of Aetna. The combination of CVS Health and Aetna is a transformative moment for our company and our industry. With the combined

Posted in Industry News

Medicare Approved Amounts vs. Doctor and Supplier Billed Amounts

Just because someone googles the amount of a hip replacement or an MRI and gets an outrageous price does NOT mean that is the price they will be charged.  Yes, there is a difference between the Medicare-approved amount and the

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

CMS Blackout Period: Nov 9-17

CMS STOPS PROCESSING ENROLLMENTS DURING THIS PERIOD. They are updating their systems and unfortunately it happens during AEP because it has to be done before the new year begins. Agents still turn in applications as usual, they will just show as pending until they

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

CMS Releases 2019 Medicare Parts A & B Premiums and Deductibles, Pinching High-Income Enrollees

On October 12, 2018, the Centers for Medicare & Medicaid Services (CMS) released the 2019 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs. “CMS is committed to empowering beneficiaries with the information they need

Posted in Industry News, Medicare Information

Notice of Immediate Imposition of Intermediate Sanction to Omaha Health Insurance Company

On October 12, 2018 the Centers for Medicare & Medicaid Services (CMS) informed Omaha Health Insurance Company (OHIC) of its determination to immediately impose an intermediate sanction (Suspension of Enrollment and Marketing) on the following Prescription Drug Plan Contract: S7126 (Service areas

Posted in Industry News, Legislative News

The Best Advice For A Successful Medicare Annual Enrollment Period (AEP)

AEP IS HERE! It’s the early hours of AEP, we thought now is a good time give some advice for a successful AEP. –Applications–  If your handwriting is hard to read, this can cause typos when they are entering information and make your

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

New Medicare Card – Update

The newly-designed Medicare cards continues to successfully mail out from the Centers for Medicare & Medicaid Services (CMS). We are excited to share with you important progress updates with you. CMS is constantly focusing on fraud and protecting identities of

Posted in Industry News, Medicare Information