by Kristin Steenson | Sep 29, 2017 | Life Insurance, Long Term Care, Medicare
This week, we have an update on individual life insurance premium growth in the first half of 2017, a summary on the CHRONIC Act passing in the Senate, and survey results stating the majority of Americans believe LTC will be covered by health insurance or Medicare....
by Kristin Steenson | Sep 22, 2017 | Medicare Supplement
On April 16, 2015, the Medicare Access and CHIP Reauthorization Act of 2015 (“MACRA”) was signed into law. As part of this legislation, MACRA will prohibit the sale of Medicare Supplement policies that cover Part B deductibles to “newly...
by Kristin Steenson | Sep 15, 2017 | Long Term Care, Medicare Supplement
In industry news this week, we are highlighting an update from Forbes on the Long-Term Care market. The Traditional Long-Term Care Insurance Market Crumbles | Forbes.com | September 8, 2017 Only about 89,000 people bought private long-term care insurance in 2016, a...
by Kristin Steenson | Sep 8, 2017 | Medicare Advantage
This week we are highlighting an update from CBS News on expected changes to Medicare Advantage plans in 2018. Big changes expected in many 2018 Medicare Advantage plans | CBS News | August 28, 2017 Changes in plan structures and a dearth of insurers in rural areas...
by Kristin Steenson | Sep 1, 2017 | Competitive Intelligence, Flash Report, Medicare Supplement
We are excited to release our 7th Annual Medicare Supplement Market Projection. The Medicare Supplement market continues to offer long-term sustainability. Just over 75 million individuals are expected to be enrolled in the Medicare program by 2026 (a 32% increase...