A recent news story about Aetna dropping out of state insurance exchanges (with Obamacare) has been causing a lot of concern in the senior/Medicare community. We only have 700 clients with Aetna Medicare Supplement (started writing them in 4Qtr 2014),…
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2016 Medicare Part B Premium and Deductible Update
This was the update going from 2015 to 2016: Update since the video.. the 2016 budget deal will make the Part B deductible $166 for all. Updates since the update: The 2017 Part B deductible is $183. Action from seniors,…
It’s Official: CIGNA and Anthem to Merge
Today it was officially announced that CIGNA and Anthem have struck a deal to become, for now, the largest health insurer in America. The terms of the final deal finally having weathered the storm of a two-month long negotiation, the deal is said to be worth $48 Billion to CIGNA for its acquisition into Anthem.
The independent market is still waiting to hear how this will impact the Medicare Supplement and Medicare Advantage distribution channels. The deal might take two years to get through regulator's approval.
As always, we'll have the specific news when it's available as to how this will impact the individual agent. – Stay tuned!
-CW
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