by csgadmin | May 8, 2025 | Insurance Industry, news
The post-COVID annuity sales surge is waning, but “economic anxiety” may be sparking a second wave. Total Q1 annuity sales were $105.4 billion, down 1% from the record set in first quarter 2024, according to preliminary results from LIMRA’s U.S. Individual... read more
by csgadmin | May 6, 2025 | CSG Actuarial News, Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, NAIC Data
CSG Actuarial has compiled the new business rate increases implemented on Medicare Supplement blocks of business since 2011. As discussed on previous CSG Actuarial blog posts, recent increases continue to trend higher as carriers continue to attempt to catch up... read more
by csgadmin | May 6, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 1st quarter 2025, CVS Health reported Medicare Supplement member in-force counts of 1,253,000, a decrease of 29,000 in the past quarter and 47,000 over the past 12 months. The 47,000 decrease in membership in the past 12 months is a 3.6% decrease relative to the... read more
by csgadmin | May 6, 2025 | Insurance Industry, Medicare, news
Integrity, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with Smart Insurance, an independent marketing organization based in Annandale, Virginia, and led... read more
by csgadmin | May 2, 2025 | Insurance Industry, Medicare Supplement
Insurance companies that operate in the brokerage Medicare Supplement market typically offer per policy bonuses to encourage agents to sell their products. These bonuses generally vary by underwriting type to assist in achieving an appropriate mix of business. Below... read more
by csgadmin | Apr 30, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 1st quarter 2025 Medicare Supplement lives of 420,500, up 11.4% from the result at 4th quarter 2024 and 31.1% compared to 1st quarter 2024. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2018. Humana... read more
by csgadmin | Apr 29, 2025 | CSG Actuarial News, Medicare, Medicare Supplement
CompanyDateRate IncreasesComments AARP - UnitedHealthcare Insurance Company 6/1/2025 - 8/1/202510.3%Varies by state & plan AARP - UnitedHealthcare Insurance Company of America 6/1/2025 - 8/1/202511.8%Varies by state & plan Aetna Health Insurance Company... read more
by csgadmin | Apr 29, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Integrity, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with Freedom & Faith Agency, an independent marketing organization based in Chapel Hill, North Carolina,... read more
by csgadmin | Apr 24, 2025 | Insurance Industry, Senior Hospital Indemnity
From Telos Actuarial: Hospital Indemnity Plans (HIP) pair well with a Medicare Advantage (MA) plan, so it’s no surprise that awareness and sales of these products are growing among distributors and seniors. In past blog entries, we have noted growth in ancillary... read more
by csgadmin | Apr 24, 2025 | Insurance Industry, Medicare, Medicare Advantage, news
The federal government will give Medicare Advantage plan issuers a bigger raise than it had expected in 2026 because Medicare enrollees’ health care costs surged in the fourth quarter of 2024. The Medicare Advantage program expects average payments per enrollee... read more
by csgadmin | Apr 23, 2025 | Insurance Industry, Medicare, Medicare Supplement, NAIC Data
As reported by CSG Actuarial in April, 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. So how did Covid impact Medicare... read more
by csgadmin | Apr 23, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Elevance Health (formerly Anthem, Inc.) released 1st quarter 2025 financials on April 22nd, reporting a decrease of 15,000 Medicare Supplement lives in the 1st quarter and a decrease of 20,000 Medicare Supplement lives over the past 12 months. The Elevance Health... read more
