by csgadmin | Apr 11, 2025 | CSG Actuarial News, Insurance Industry, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor... read more
by csgadmin | Apr 11, 2025 | CSG Actuarial News, Insurance Industry, Medicare Supplement
As reported by CSG Actuarial last week, the 2024 Medicare Supplement overall market loss ratio increased slightly to 84.3%, as carriers continued to attempt to catch premium rate levels up to the post-Covid claim utilization rates. Within the overall Medicare... read more
by csgadmin | Apr 9, 2025 | Insurance Industry, Medicare, Medicare Supplement
Medicare Supplement regulatory changes will soon be effective in Virginia and Utah.Medicare Supplement Changes Coming for Virginia and Utah Virginia Effective July 1, 2025, insurers must offer Medicare Supplement policyholders an annual open enrollment period... read more
by csgadmin | Apr 8, 2025 | CSG Actuarial News, Insurance Industry, news
Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, has partnered with Mid-Atlantic Marketing Solutions, an independent marketing organization based in Wilmington, North... read more
by csgadmin | Apr 3, 2025 | CSG Actuarial News, Insurance Industry, Medicare, Medicare Supplement
CSG Actuarial has compiled information from the NAIC* and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2024 totaled $39.1 billion, a 6.4% increase over 2023. A few other notes of interest: The total Medicare Supplement... read more
by csgadmin | Apr 3, 2025 | Life Insurance, Medicare, Medicare Supplement
The Medicare Supplement market continues to experience higher claims, and carriers are attempting to mitigate the higher loss ratios by pursuing larger rate increases. Throughout 2024 rate increases trended up from 2023 levels. Now, results through the first quarter... read more
by csgadmin | Apr 1, 2025 | CSG Actuarial News, Insurance Industry, Medicare, Medicare Supplement
CompanyDateRate IncreaseComments AARP - UnitedHealthcare Insurance Company 6/1/202512.1%Varies by state & plan AARP - UnitedHealthcare Insurance Company of America 6/1/2025 - 8/1/202512.6%Illinois, North Dakota & Ohio Aetna Health and Life Insurance Company... read more
by csgadmin | Apr 1, 2025 | Insurance Industry, news
Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with Fulmer Insurance Group, an independent marketing organization based in Las Vegas,... read more
by csgadmin | Mar 27, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
This week, we will explore calendar year (“CY”) 2024 financials for publicly traded Direct-to-Consumer distributors, also known as eBrokers. The following companies’ 2024 financial results will be compared below, side-by-side. GoHealth eHealth SelectQuote... read more
by csgadmin | Mar 27, 2025 | Insurance Industry, news
Equitable Financial and Allianz Life parlayed a strong 2024 into a top-five finish in the LIMRA annual annuity sales rankings. For the first time ever, total quarterly annuity sales surpassed $100 billion in all four quarters of the year. Total annuity sales finished... read more
by csgadmin | Mar 27, 2025 | Insurance Industry, Life Insurance
Annualized life insurance premium increased 3% in 2024 to $15.9 billion, according to LIMRA’s retail life insurance sales survey results, setting a record for the fourth consecutive year. In 2024, policy count was level with 2023 results. LIMRA also reported... read more
by csgadmin | Mar 27, 2025 | Insurance Industry, Medicare, Medicare Supplement
Staying informed of regulatory reporting requirements is paramount for insurers and actuaries alike. One such critical obligation that has been a cornerstone of regulatory compliance since the early 1990s is the Medicare Supplement Refund Calculation. This... read more
