by Carrie Haubensak | May 14, 2024 | Insurance Industry, Medicare Supplement
As reported by CSG Actuarial in April, the 2023 Medicare Supplement overall market loss ratio spiked to 83.8%, as premium levels struggled to keep up with increases in post-Covid claim utilization rates. Within the overall 2023 Medicare Supplement loss ratio of 83.8%,...
by Carrie Haubensak | May 9, 2024 | Insurance Industry, Medicare Supplement
One of the most important leading indicators that Medicare Supplement carriers need to be tracking is their mix of business. It’s a great predictor of the overall health of your block of business and can provide insight into where the future loss ratios will land....
by Carrie Haubensak | May 6, 2024 | Insurance Industry, news
The Senior Resource Group, an affiliate of AmeriLife Group, LLC, announced that it has entered into a partnership with Bobby Brock Insurance, a national health insurance agency and founding sponsor of MedicareCon, a highly regarded annual Medicare and health insurance...
by Carrie Haubensak | May 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Cigna reported 1st quarter 2024 Medicare Supplement lives of 466,000, down 0.9% from the result at 4th quarter 2023 and down 0.2% compared to 1st quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. ...
by Carrie Haubensak | May 6, 2024 | Insurance Industry, Medicare, Medicare Supplement
CSG Actuarial compiled information from the NAIC* and other sources and reported in April that total Medicare Supplement lives covered in 2023 decreased slightly to 14.1 million and seven of the top ten Medicare Supplement carriers reported a decrease in in-force...