by Carrie Haubensak | May 2, 2024 | Insurance Industry, news
Annuity sellers had another very strong quarter in Q1, with $113.5 billion in sales, 21% higher than the first quarter 2023. Quarterly sales fell just shy of the record set in the fourth quarter 2023, according to preliminary results from LIMRA’s U.S. Individual...
by Carrie Haubensak | May 2, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 1st quarter 2024, CVS Health reported Medicare Supplement member in-force counts of 1,300,000, a decrease of 43,000 in the past quarter and 44,000 over the past 12 months. The 44,000 decrease in membership in the past 12 months is a 3.3% decrease relative to the...
by Carrie Haubensak | Apr 30, 2024 | Insurance Industry, Life Insurance, Medicare, Medicare Advantage, Medicare Supplement
Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has partnered with Gruening Health and Wealth, an independent marketing...
by Carrie Haubensak | Apr 30, 2024 | Insurance Industry, Medicare Supplement
CSG Actuarial has compiled all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. The overall average increase for year-to-date 2024 is 7.8%, the highest since 2011. Historical average rate increases by year since...
by Carrie Haubensak | Apr 29, 2024 | Insurance Industry, Medicare, Medicare Supplement
CompanyDateRate Increase AmountComments AARP - UnitedHealthcare Insurance Company 6/1/202412.2%Varies by state & plan AARP - UnitedHealthcare Insurance Company of America 6/1/202412.9%South Carolina Ace Property and Casualty Insurance Company 8/1/2024 -...
