The final rates were released Monday by the Centers for Medicare and Medicaid Services in a turnaround that came after more than a month of intense lobbying from the health insurance industry and members of Congress. Companies that sell Medicare Advantage plans had warned that a sharp cut would impact the benefits available to seniors and might cause carriers to drop plans in some markets.
Video: Top Ten Medigap plans and Companies
Munich Re has agreed to acquire Windsor Health Group, Inc.
The acquisition is expected to close by December 31st, subject to customary closing conditions and regulatory approvals. Going forward, the combined companies will serve more than 200,000 members across the United States, with a more complete range of products to meet their needs. The companies will leverage each other’s strengths to enhance the outstanding service we both provide to our members and healthcare providers. The acquisition is totally consistent with our efforts to build a financially strong, competitive company that balances the needs of our members, providers and other stakeholders.
CPIDs 2161 and 1620 Guardian Healthcare No Longer Accepting Electronic Claims Effective 01/01/2012
Effective immediately, t he following payer will no longer accept electronic claims with dates of service on or after 01/01/2012: CPID 2161 Guardian Healthcare – Professional CPID 5975 Guardian Healthcare – Institutional Electronic claims with dates of service on or after 01/01/2012 must now be submitted to the following payer: CPID 6111 Sterling Medicare Advantage – Professional CPID 1620 Sterling Medicare Advantage – Institutional If you have already submitted electronic claims to Guardian Healthcare this year, those claims may have been rejected and will need to be submitted to Sterling Medicare Advantage. Please be sure to submit electronic claims to the correct payer. If you have any questions, please contact Client Services at 1-888-348-8457, option 2.
Welcome The Proud Americans
As a national marketing organization our most significant strength is our reputation and relationship with insurance carriers that have a regional, national and global focus. We have worked hard to achieve prominent positions with our insurance carriers. These long term relationships enable us to better serve you and deliver services that are important to you.
Munich Re agrees to terms for acquisition of Windsor Health Group, Inc.
Munich Re stands for exceptional solution-based expertise, consistent risk management, financial stability and client proximity. This is how Munich Re creates value for clients, shareholders and staff. In the financial year 2009, the Group – which pursues an integrated business model consisting of insurance and reinsurance – achieved a profit of €2.56bn on premium income of around €41bn. It operates in all lines of insurance, with around 47,000 employees throughout the world. With premium income of around €25bn from reinsurance alone, it is one of the world’s leading reinsurers. Especially when clients require solutions for complex risks, Munich Re is a much sought-after risk carrier. The primary insurance operations are mainly concentrated in the ERGO Insurance Group. With premium income of over €17bn, ERGO is one of the largest insurance groups in Germany and Europe. 40 million clients in over 30 countries place their trust in the services and security it provides. In international healthcare business, Munich Re pools its insurance and reinsurance operations, as well as related services, under the Munich Health brand. Munich Re’s global investments amounting to €182bn are managed by MEAG, which also makes its competence available to private and institutional investors outside the Group.
Dallas Morning News Article
Soon after enrolling, the 73-year-old Dallas woman learned that doctors she had had for years didn’t participate in the plan. What most upset her, though, was that her prescription drug costs jumped by a couple of hundred dollars a month.
Medicare Advantage Enrollment Up, But Participation Varies by State, Carrier
A new analysis by the Kaiser Family Foundation finds a small number of firms dominate Medicare Advantage enrollment both nationally and in most states; for example, in 14 states and the District of Columbia, a single firm accounts for more than half of all Medicare Advantage enrollment. This is true despite the fact that the average Medicare beneficiary has 33 Medicare Advantage plans available in their area, with the average enrollee paying a monthly premium of $44 per month, a 22 percent increase since 2009 ($36 per month). The health reform legislation of 2010 gradually phases down payments to Medicare Advantage plans over time, which is expected to ultimately affect plan participation, enrollment, premiums, and extra benefits. Yet, even with these changes, Medicare Advantage plans can be expected to remain an important option for many beneficiaries. By using this information, agents can understand what clients in their area might be interested in purchasing, and make educated decisions based on buying habits.