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Dear Agents,

KSKJ LIFE has added a new Monthly Bank Draft Date

the 15th of the Month is now an additional option for your clients.

This will take effect as of March 2016.

All of the applications on your agent portal have been updated
with this information.

Should you have any questions, please contact us on the

AGENT HOTLINE #855-332-8809

FAX NEW APPLICATIONS #815-483-2271

MEMBER TOLL FREE #800-843-5755

KSKJ LIFE

2439 Glenwood Ave | Joliet, IL 60435

Copyright © 20XX. All Rights Reserved.


2015 Ritter $100K Cash Giveaway

4th Quarter Results

For business submitted October 1 through December 31

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Issued Premium Stats:

1st place: $145,890.86

25th place: $62,355.60

50th place: $40,342.28

100th place: $24,630.75


Want the chance to win more? Participate in our 2016 $100K Cash Giveaway! View the rules and qualifications.


2015 Ritter $100K Cash Giveaway

3rd Quarter Results

For business submitted July 1st through September 30th

enter image description here

Issued Premium Stats:

1st place: $87,202

25th place: $30,121

50th place: $19,235

100th place: $11,596

Click here for rules and qualifications.


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  3. EARN 300% OF IAP TOWARDS PARADISE.
    All sales count towards the 2017 Agent Incentive Trip. Remember, there’s no cap on the number of qualifiers!

  4. FUNERAL COSTS KEEP CLIMBING.
    In 2004, the median cost of a funeral was $5,582.* In 2014, the cost was $7,181. That’s an increase of 28.6% in 10 years.

SEE FOR YOURSELF.
**Attend the Cigna Whole Life Webinar!

Find out everything you need to know to get started.
February 25, 2016
2:00 pm–2:30 pm (EST)
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See all the program rules.

Access business forms and sales material at AgentViewCigna.com.

*Median cost of an adult funeral with viewing and burial. National Funeral Directors Association, nfda.org, “Trends & Statistics”, accessed February 5, 2016.

http://nfda.org/about-funeral-service-/trends-and-statistics.html#cremationburial

All Cigna products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including American Retirement Life Insurance Company or Loyal American Life Insurance Company. The Cigna name, logo, and other Cigna marks are owned by Cigna Intellectual Property, Inc. All pictures are used for illustrative purposes only.

LOYAL-4-0026-A © 2016 Cigna. Some content provided under license. For agent use only. 892647 02/16


2016 Medicare Parts A & B Premiums and Deductibles Announced

Today, the Centers for Medicare & Medicaid Services (CMS) announced the 2016 premiums and deductibles for the Medicare inpatient hospital (Part A) and physician and outpatient hospital services (Part B) programs.

Part B Premiums/Deductibles

As the Social Security Administration previously announced, there will be no Social Security cost of living increase for 2016. As a result, by law, most people with Medicare Part B will be “held harmless” (protected) from any increase in premiums in 2016 and will pay the same monthly premium as last year, which is $104.90.

Beneficiaries not subject to the “hold harmless” provision will pay $121.80, as calculated reflecting the provisions of the Bipartisan Budget Act signed into law by President Obama last week. Medicare Part B beneficiaries not subject to the “hold-harmless” provision are those not collecting Social Security benefits, those who will enroll in Part B for the first time in 2016, dual eligible beneficiaries who have their premiums paid by Medicaid, and beneficiaries who pay an additional income-related premium. These groups account for about 30 percent of the 52 million Americans expected to be enrolled in Medicare Part B in 2016.

“Our goal is to keep Medicare Part B premiums affordable. Thanks to the leadership of Congress and President Obama, the premiums for 52 million Americans enrolled in Medicare Part B will be either flat or substantially less than they otherwise would have been,” said CMS Acting Administrator Andy Slavitt. “Affordability for Medicare enrollees is a key goal of our work building a health care system that delivers better care and spends health care dollars more wisely.”

Because of slow growth in medical costs and inflation, Medicare Part B premiums were unchanged for the 2013, 2014, and 2015 calendar years. The “hold harmless” provision would have required the approximately 30 percent of beneficiaries not held harmless in 2016 to pay an estimated base monthly Part B premium of $159.30 in part to make up for lost contingency reserves, according to the 2015 Trustees Report. However, the Bipartisan Budget Act of 2015 mitigated the Part B premium increase for these beneficiaries and states, which have programs that pay some or all of the premiums and cost-sharing for certain people who have Medicare and limited incomes. The CMS Office of the Actuary estimates that states will save $1.8 billion as a result of this premium mitigation.

CMS also announced that the annual deductible for all Part B beneficiaries will be $166.00 in 2016. Premiums for Medicare Advantage and Medicare Prescription Drug plans already finalized are unaffected by this announcement.

To get more information about state-by-state savings, visit the CMS website at
https://www.cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2015-Fact-sheets-items/2015-11-10.html.

Since 2007, beneficiaries with higher incomes have paid higher Part B monthly premiums. These income-related monthly adjustment amount (IRMAA) affect fewer than 5 percent of people with Medicare. Under the Part B section of the Bipartisan Budget Act of 2015, high income beneficiaries will pay an additional amount. The IRMAA, additional amounts, and total Part B premiums for high income beneficiaries for 2016 are shown in the following table:


Beneficiaries who file an individual tax return with income: Beneficiaries who file a joint tax return with income: Income-related monthly adjustment amount Total monthly premium amount
Less than or equal to $85,000 Less than or equal to $170,000 $0.00 $121.80
Greater than $85,000 and less than or
equal to $107,000
$48.70 Content Cell $170.50
Greater than $107,000 and less than or
equal to $160,000
$121.80 Content Cell $243.60
Greater than $160,000 and less than or
equal to $214,000
$194.90 Content Cell $316.70
Greater than $214,000 Greater than $428,000 $268.00 $389.80


Premiums for beneficiaries who are married and lived with their spouse at any time during the taxable year, but file a separate return, are as follows:


Beneficiaries who are married and lived with their
spouse at any time during the year, but file a
separate tax return from their spouse:
Income-related monthly adjustment amount Total monthly premium amount
Less than or equal to $85,000 $0.00 $121.80
Greater than $85,000 and less than or equal to $129,000 $194.90 $316.70
Greater than $129,000 $268.00 $389.80


Part A Premiums/Deductibles

Medicare Part A covers inpatient hospital, skilled nursing facility, and some home health care services. About 99 percent of Medicare beneficiaries do not pay a Part A premium since they have at least 40 quarters of Medicare-covered employment.

The Medicare Part A annual deductible that beneficiaries pay when admitted to the hospital will be $1,288.00 in 2016, a small increase from $1,260.00 in 2015. The Part A deductible covers beneficiaries’ share of costs for the first 60 days of Medicare-covered inpatient hospital care in a benefit period. The daily coinsurance amounts will be $322 for the 61st through 90th day of hospitalization in a benefit period and $644 for lifetime reserve days. For beneficiaries in skilled nursing facilities, the daily coinsurance for days 21 through 100 in a benefit period will be $161.00 in 2016 ($157.50 in 2015).

Enrollees age 65 and over who have fewer than 40 quarters of coverage and certain persons with disabilities pay a monthly premium in order to receive coverage under Part A. Individuals with 30-39 quarters of coverage may buy into Part A at a reduced monthly premium rate, which will be $226.00 in 2016, a $2.00 increase from 2015. Those with less than 30 quarters of coverage pay the full premium, which will be $411.00 a month, a $4.00 increase from 2015.


Deductibles and Coinsurance for 2016

Part A Deductible and Coinsurance Amounts for
Calendar Years 2015 and 2016 Type of Cost Sharing
   
  2015 2016
Inpatient hospital deductible $1,260 $1,288
Daily coinsurance for 61st-90th Day $315 $322
Daily coinsurance for lifetime reserve days $630 $644
SNF coinsurance $157.50 $161.00


For more information on the 2016 Medicare Parts A and B premiums and deductibles (CMS-8059-N, CMS-8060-N, and CMS-8061-N), visit: https://www.federalregister.gov/public-inspection.


Have questions regarding these changes? Please give us a call at 800-769-1847.


We made the list again!

Ritter Insurance Marketing has been named one of the Best Places to Work in PA for 2015. The awards program, created in 2000, is one of the first statewide programs of its kind in the country. The program is a public/private partnership between Team Pennsylvania Foundation, the Pennsylvania Department of Community and Economic Development, the Pennsylvania State Council of the Society for Human Resource Management, and the Central Penn Business Journal.

“We’re so excited that Ritter Insurance Marketing was named one of the Best Places to Work in PA for the second year in a row,” Craig Ritter, President of Ritter, said. “We value making our workplace a rewarding one, and we are proud to be recognized for that.”

This survey and awards program was designed to identify, recognize and honor the best places of employment in Pennsylvania, who are benefiting the state's economy and its workforce. Employers are categorized based upon the total number of employees they have in the United States, 25 to 249 employees and 250 or more employees.

To be considered for participation, companies had to fulfill the following eligibility requirements: Be a for-profit or not-for-profit business; be a publicly or privately held business; have a facility in Pennsylvania; have at least 25 employees working in Pennsylvania; and be in business a minimum of one year. Companies from across the state entered the two-part process to determine the 100 Best Places to Work in PA. The first part of this process was evaluating each nominated company's workplace policies, practices, philosophies, systems and demographics. This part of the process was worth approximately 25 percent of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75 percent of the total evaluation. The combined scores determined the top companies and the final ranking. Best Companies Group managed the overall registration and survey process.

Ritter will be recognized at the Best Places to Work in PA awards banquet on Thursday, December 3, 2015, at the Lancaster County Convention Center in Lancaster, Pennsylvania. Rankings will be revealed at the ceremony. Tickets may be purchased online at www.CPBJ.com/events.

In addition to the public/private partnership, the program is supported by the following organizations: Lead Sponsor—Team Pennsylvania Foundation; Presenting Sponsor – BDO, USA; Major Sponsors—Protocol Solutions Group, LLC, Saul Ewing, LLP and Santander; Founding Partners—Team Pennsylvania Foundation and the Central Penn Business Journal; Program Partner—The Department of Community and Economic Development.

For more information on the Best Places to Work in PA, visit www.bestplacestoworkinpa.com or contact Emily Winslow, event coordinator at the Central Penn Business Journal at 717-236-4300 or emilyw@cpbj.com.


Prestigious Health Institution Plans Medicare Advantage Launch

Ritter Insurance Marketing is pleased to announce that they have signed an FMO agreement with Johns Hopkins HealthCare LLC (JHHC) for their Medicare Advantage products. Ritter will assist JHHC in launching their new MA plans, which are being released for the upcoming 2016 Annual Enrollment Period starting October 1, 2015.

“We are extremely excited to begin our relationship with Johns Hopkins HealthCare,” Craig Ritter, President and Owner of Ritter, commented. “Johns Hopkins Medicine is one of the most highly-regarded health care systems in the country, and we are very pleased to have been selected as the FMO of their insurance subsidiary, Johns Hopkins HealthCare.”

Currently, JHHC is in the process of finalizing their appointment and certification process. In addition to becoming appointed and certified through JHHC, agents will need to be licensed in the state of Maryland to sell their products. More details regarding JHHC’s MA product will be available upon final CMS approval. Additional information will be coming within the next few weeks.

To help agents prepare for the upcoming AEP, Ritter will be hosting an AEP Kickoff Event on September 18 at Camden Yards in Baltimore. At the event, insurance providers will unveil their products for the upcoming selling season to insurance agents in Maryland. More information regarding this event is available through Ritter.

Over the past eight years, Ritter has worked with numerous “new-to-brokerage” Medicare Advantage carriers and sponsors, including Independence Blue Cross, Excellus BCBS, Health Partners Plans, Piedmont WellStar, and Geisinger Health Plans.


University of Maryland Medical System to Launch MA Plan

Ritter Insurance Marketing is pleased to announce that they have signed an FMO agreement with University of Maryland Health Advantage (UMHA), formerly Riverside Health, Inc., for their Medicare Advantage plans. Ritter will help UMHA launch their MA plans, which are being released for the 2016 Annual Election Period starting October 15, 2015.

“University of Maryland Medical System’s reputation as national leader in the health-care industry is well established,” Craig Ritter, President and Owner of Ritter, remarked. “We are ecstatic to have been selected as an FMO by their subsidiary, University of Maryland Health Advantage, and we look forward to a long and successful partnership with them.”

With UMHA’s MA plans, insurance agents working with Ritter will now have access to exciting, new MA plans in 13 Maryland counties. Additionally, Medicare beneficiaries in Maryland will now have access to new options to meet their needs.

To sell these new MA plans, agents will have to be appointed and certified through UMHA and licensed in the state of Maryland. Details on UMHA’s appointment and certification processes should be coming in the next few weeks. More information on UMHA’s MA plans will be available October 1, 2015.

“It’s amazing to be able to offer our agents opportunities to continue expanding their business in Maryland,” Ritter said. “We’re very passionate about providing our agents the highest-quality services and support, and offering these new products will enable us to continue meeting that end.”

Over the past eight years, Ritter has done business with numerous “new-to-brokerage” Medicare Advantage carriers and sponsors, including Independence Blue Cross, Excellus BCBS, Health Partners Plans, Piedmont WellStar, and Geisinger Health Plans.


The New Age of FMOs

Traditional FMOs contact agents about new contracting opportunities, but provide little other support. On the other hand, forward-thinking FMOs like Ritter Insurance Marketing believe in doing much more for their agents. We view our agents as our partners and provide tools and services to help them grow their business.

To learn more about our modern philosophy, download our free white paper: The New Age of FMOs. It also addresses frequently asked questions to help you understand how FMOs like us work with and for our agents.


E&O Solutions for Every Agent

Like most insurance policies, Errors and Omissions (E&O) insurance provides policyholders with coverage that they hope they never have to use. Many carriers require you to hold an active E&O policy in order to contract with them.

At Ritter Insurance Marketing, we offer a low-cost E&O insurance policy for all of the carriers you’re appointed with under us. It runs from January 1st through December 31st each year. In December, we notify you when it’s available for renewal via e-mail. Our policy doesn’t automatically renew, so you have to renew it every calendar year. Acceptable forms of payment are Visa, MasterCard, and checks made out to Ritter Insurance Marketing. You aren’t covered by your new policy until your payment is received and processed, and the declaration page is documented. You (or your hierarchy) will receive the declaration page once the paperwork is processed, and our Licensing Department will take care of forwarding the E&O to your carriers that require it.

To help you with all of your errors and omissions needs, we also offer a more customizable policy through CalSurance. This partnership allows you to get coverage for all of your appointed carriers, even those we don’t represent. With two affordable options, we have great E&O solutions for all of our agents! To find out more about them, please click here.