FL rate increases
- Thread starter billyb
- Start date
The problem with Cigna is they are selling their Medicare biz at years end. The second I tell my T65's that, they move on. Humana only went up 4.5% yesterday, I think.
I called a husband/wife July T65 today and told her the new 11% rate increase for UHC. I said, you'll save $700 a year with humana. I'd do that.
She still wanted UHC so I wrote the apps.
People want the name. It won't matter.
I called a husband/wife July T65 today and told her the new 11% rate increase for UHC. I said, you'll save $700 a year with humana. I'd do that.
She still wanted UHC so I wrote the apps.
People want the name. It won't matter.
Actually the sale was finalized 3/19/2025
- 17,150
Who bought them?
HSBC bought them . They run several blue cross franchises in multiple states . They only bought their Medicare business .
Cigna is the worst mapd company out there but i had no choice but to write 50 or so with them as in a few county's their was no choice . They have the absolute worst agent portal in the business . They took 2 weeks to approve many mapd's for me . They don't pay you for 1 month many times on new mapd business . They make many mistakes on apps . Another very scary thing is they don't alert you on disenrollments . I had somebody disenrolled 1-31 that i rewrote with another carrier . It's still showing active in my book 2 months later
- 1,075
UHC increase was 11% for N,G,F and hi G in Fl which was surprising. The other states i checked N and G was the same increase and also about 11% . Someone needs to alert that You Tube agent who like to scare people away from the plan G because of the huge increases vs plan N
InsuranceGuy29
Guru
- 905
Cigna has always been my absolute last choice for MAPD's.....well, aside from WellCare, who is dead to me for reasons you all know.
As you said, their agent portal is absolutely atrocious, although I'll give them a minor bonus point, as it has gotten better the past few years, but still sucks.
Their network for their PPO's is also terrible. The company is run like absolute garbage. It's like a who's who of participation trophies and quotas. I could tell that right from the get-go.
The management team were sending out constant emails of their rules, regulations, and procedures for a few years in my state. All of them had a threatening tone.....didn't appreciate that at all, and wrote other companies as a result.
A lot of "Make sure you do it this way or you're gonna get written-up" type stuff. It was wild. Not exactly a great strategy to keep brokers writing your company.
It was astoundingly stupid. They were typing as if they were talking to employees. Newsflash, we brokers are independent and don't have to write anything for your garbage-@ss company, so be nice.
Capisce?
Last edited:
Musk . . .
JK
HCSC Completes Acquisition of The Cigna Group’s Medicare and CareAllies Businesses - Insurance Forums
Health Care Service Corporation on March 19 announced it has completed the previously announced acquisition of The Cigna Group Medicare Advantage, Medicare Supplemental Benefits, Medicare Part D and…
www.insurance-forums.com
