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
by csgadmin | Mar 27, 2025 | Insurance Industry, news
Integrity Marketing Group announced it has entered into a definitive agreement to acquire The Quantum Group, an independent distribution company based in Scottsdale, Arizona. As part of the acquisition, operations will continue to be led by Ron Shurts, Chairman and... read more
by csgadmin | Mar 20, 2025 | Insurance Industry, news
The deal, which removes Cigna from the volatile Medicare Advantage market, closed a little over a year after being announced. Cigna entered a definitive agreement to sell its Medicare businesses to HCSC in January 2024 for $3.3 billion in cash and $400 million in... read more
by csgadmin | Mar 20, 2025 | Insurance Industry, news
In a significant step towards strengthening its market presence and optimizing operations, AmeriLife’s Wealth distribution division announced today that its affiliates Unkefer & Associates, DFS Marketing (DFS), and AmeriLife Insurance Marketing (AIM) will now... read more
by csgadmin | Mar 20, 2025 | Cancer, Insurance Industry
Medicare Supplement claims have been trending up since the COVID-19 pandemic. We have seen an increase in the overall market loss ratios and have seen carriers reacting by applying for larger rate increases. This article will summarize some of the emerging claim... read more
