Recent News
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2013 Medicare Supplement Market Projection
CSG Actuarial has published its 3rd Annual Medicare Supplement Market Projection. The Medicare Supplement market continues to offer long-term sustainability. Almost 68 million individuals are expected to be enrolled in the Medicare program by 2022. CSG Actuarial research indicates Medicare Supplement enrollments will continue to grow markedly over the next [...]
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Who’s Hot: Final Expense Graded Plans?
CSG Actuarial has ranked Final Expense Life hot insurance companies by the lowest monthly premium for a 65 year old, non-tobacco female with a $10,000 Graded death benefit plan. Graded death benefit Final Expense Life insurance is defined as an individual modified whole life policy with a death benefit that [...]
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Accident Insurance Market Growth
The Accident Insurance market continues to grow at a rapid pace, providing coverage for injuries ranging from broken bones to concussions, dismemberment and death. Earned premium for the top five carriers in the Accident Insurance market increased over $12,500,000 from 2011 to 2012. The top carriers in this industry continue [...]
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June 2013 Rate Change Summary
About CSG Actuarial CSG monitors senior markets to provide the most up-to-date competitive intelligence in the industry. CSG DataMart™ includes premium rate and underwriting information for more than 200 companies. Call 855-861-8776 or email info@csgactuarial.com to learn more.
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Premium Rate Scorecard™
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, and zip codes. According to CSG’s Premium Rate Scorecard™, the top 10 Medicare Supplement companies as of June 1, 2013 are: The top 5 Medicare Supplement companies for Plan [...]
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Cancer Underwriting
About CSG Actuarial CSG monitors senior markets to provide the most up-to-date competitive intelligence in the industry. CSG DataMart™ includes premium rate and underwriting information for more than 200 companies. Call 855-861-8776 or email info@csgactuarial.com to learn more.
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First Quarter Medicare Supplement Company Results
1st quarter 2013 results from Medicare Supplement companies continued the pattern of strong growth in policies in-force and earned premiums that was evident throughout 2012. United Healthcare, Aetna, and Humana continued to capture their share and more of the overall growth taking place in the Medicare Supplement market. UHC Maintains [...]
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Medicare Supplement Market Continues Strong Growth
CSG Actuarial has compiled information from the NAIC and other sources and is reporting that the total market Medicare Supplement earned premiums in 2012 totaled $23.1 billion, a 5% increase over 2011 and a 24% increase since 2004. The overall Medicare Supplement earned premium growth from 2004 to 2012 is [...]
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2012 Hospital Indemnity Market Growth
Hospital Indemnity insurance is a high potential market for agents and carriers alike, providing coverage for periods of hospital confinement, ambulance trips, physicians’ visits, and nursing facilities among other benefits and riders. • The top 5 market leaders have increased their earned premium by over $20,000,000 from 2011 to 2012. [...]
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Final Expense Life Policy Riders
Any insurance policy can be, and should be, tailored to the policyholder. Riders help agents and carriers create insurance products that meet their clients’ specific needs. Common Final Expense Life riders available with a level (immediate) death benefit plan are detailed in the table below. About CSG Actuarial CSG monitors [...]
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Who’s Hot in Iowa? – May 2013
CSG Actuarial has ranked Iowa’s hot insurance companies by the lowest annual Medicare Supplement premium. About CSG Actuarial CSG monitors senior markets to provide the most up-to-date competitive intelligence in the industry. CSG DataMart™ includes premium rate and underwriting information for more than 200 companies. Call 855-861-8776 or email info@csgactuarial.com [...]
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May 2013 Rate Change Summary
About CSG Actuarial CSG monitors senior markets to provide the most up-to-date competitive intelligence in the industry. CSG DataMart™ includes premium rate and underwriting information for more than 200 companies. Call 855-861-8776 or email info@csgactuarial.com to learn more.
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Medicare Supplement 2012 Market Study – Key Findings
After analyzing 2012 data released by the NAIC, CSG’s team of actuaries have uncovered the following: Plan F continues to be the most popular plan with over 60% of the lives from currently marketed plans. The percentage of Medicare Supplement lives with Plan A has declined from 5% in 2006 [...]
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Medicare Supplement Market Premium Grows to $23.1 Billion
CSG Actuarial has compiled information from the NAIC and other sources and is reporting that the total earned premiums in the Medicare Supplement market in 2012 totaled $23.1 billion, a 5% increase over 2011. A few other notes of interest: • The 2012 earned premiums for the top 5 carriers [...]
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Senior Market Supplemental Coverage Needs
Thousands of American seniors turn 65 every day and according to industry studies many Baby Boomers have been looking forward to this day for several years. Its commonly viewed as a transitional point in their lives, when they can begin a new career or spend more time with family. While [...]
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Cancer Insurance Underwriting
Cancer insurance is the latest addition to the CSG Market Advisor database. The database includes product information on over 30 different cancer products, including data on how carriers underwrite cancer insurance. One of the primary underwriting tools carriers utilize is asking about a history of cancer on the policy application. [...]
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MarketAdvisor Update:
Hospital Indemnity National QuotingBased on CSG research, the average gap in Medicare Advantage coverage is $1,500 per beneficiary. Only 1% of Medicare Advantage enrollees use a Senior Hospital Indemnity plan to help with that cost. CSG quoting tools show agents how to fill in that gap. Recent updates to the CSG MarketAdvisor Medicare quoting tool [...]
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April Competitive Scorecard
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, and zip codes. According to CSG’s Premium Rate Scorecard™, the top 15 Medicare Supplement companies as of April 1, 2013 are: About CSG Actuarial CSG monitors senior markets to [...]
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Who’s Hot? Critical Illness Plans
April 2013CSG Actuarial has ranked Critical Illness hot insurance companies by the lowest annual premium for a 50 year old, nontobacco female with a $30,000 in coverage*. About CSG Actuarial CSG monitors senior markets to provide the most up-to-date competitive intelligence in the industry. CSG DataMart™ includes premium rate and underwriting [...]
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April 2013 Rate Change Summary
About CSG Actuarial CSG monitors senior markets to provide the most up-to-date competitive intelligence in the industry. CSG DataMart™ includes premium rate and underwriting information for more than 200 companies. Call 855-861-8776 or email info@csgactuarial.com to learn more.
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Cancer and Critical Illness Market Premium Grows to $4.2 Billion
CSG Actuarial has analyzed information from the NAIC and other sources and is reporting that the total 2012 earned premiums in the Cancer and Critical Illness markets are over $4.2 billion, a 5% increase over 2011. A few other notes of interest: • More than 50 companies have earned over [...]
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The FLO on Medigap
The Frohman Law Office has recently released their most recent newsletter. Click HERE to download a free copy (or click on the image). Topics Include: Why Attack Medigap? Medigap Discussed at House Subcommitee Hearing The White House & Republicans Do Agree on Something Ann Frohman has legislative and insurance regulatory [...]
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March 2013 CSG Rate Change Summary
About CSG Actuarial CSG monitors senior markets to provide the most up-to-date competitive intelligence in the industry. CSG DataMart™ includes premium rate and underwriting information for more than 200 companies. Call 855-861-8776 or email info@csgactuarial.com to learn more.
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Cancer and Critical Illness Insurance Market Growth
According CSG Actuarial’s market research, Cancer and Critical Illness insurance markets have experienced a recent growth rate of over 4.4%. The most significant growth has been seen in the Group Market with a growth rate of 15.5%. Based on our analysis growth in the Group Market can be primarily attributed [...]
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Medicare Advantage Plans Continue Growth
Medicare Advantage enrollments as of February 2013 showed year-end growth consistent with the previous year. The table below shows that Medicare Advantage enrollments increased 680,000 from December 2012 to February 2013, almost the same as the growth in Medicare Advantage enrollments from December 2011 to February 2012. Based on these [...]
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March 2013 Critical Illness Underwriting
About CSG Actuarial CSG monitors senior markets to provide the most up-to-date competitive intelligence in the industry. CSG DataMart™ includes premium rate and underwriting information for more than 200 companies. Call 855-861-8776 or email info@csgactuarial.com to learn more.
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Who’s Hot? Final Expense Level Plans – March 2013
CSG Actuarial has ranked Level Final Expense Life hot insurance companies by the lowest annual premium for a 65 year old, nontobacco female with a $10,000 face amount. About CSG Actuarial CSG monitors senior markets to provide the most up-to-date competitive intelligence in the industry. CSG DataMart™ includes premium rate [...]
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Medicare Supplement Market Updates–UHC, Aetna, Humana, Torchmark, and CNO
4th quarter 2012 results from Medicare Supplement companies continued the pattern of strong growth that was evident throughout the entire year. Aetna, Humana, Torchmark, CNO Financial and United Healthcare, all reported an uptick in Medicare Supplement business during 4th quarter. Aetna Continues Strong Medicare Supplement Growth in 2012 Aetna reported [...]
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February CSG Rate Change Summary
About CSG Actuarial CSG monitors senior markets to provide the most up-to-date competitive intelligence in the industry. CSG DataMart™ includes premium rate and underwriting information for more than 200 companies. Call 855-861-8776 or email info@csgactuarial.com to learn more.
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February Competitive Scorecard
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, and zip codes. According to CSG’s Premium Rate Scorecard™, the top 15 Medicare Supplement companies as of February 1, 2013 are: News and notes: – Heartland National’s recent rate [...]
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February 2013 Spotlight on Critical Illness
Critical Illness Competitive Intelligence Facts, Guide Release Critical Illness insurance Market momentum continues to gain speed. The policies pay a lump sum to the insured when diagnosed with a condition or illness covered under the policy’s terms. Coverage can also include additional wellness benefits and riders. Included below is a [...]
