by Anna Patrick | Feb 7, 2025 | Insurance Industry, Life Insurance
A strong fourth quarter drove life insurance new premium to another record, LIMRA reports. Total new annualized premium increased 4% in 2024 to $16.2 billion, according to LIMRA’s preliminary life insurance sales survey results. In 2023, total new premium hit a...
by Anna Patrick | Feb 3, 2025 | Insurance Industry, Medicare, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor...
by Carrie Haubensak | Jan 30, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Cigna reported 4th quarter 2024 Medicare Supplement lives of 499,000, up 2.9% from the result at 3rd quarter 2024 and 6.2% compared to 4th quarter 2023. The table below shows Cigna’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. Based on...
by Carrie Haubensak | Jan 30, 2025 | Insurance Industry, news
Total annuity sales were $432.4 billion in 2024, up 12% yearly, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey, representing 83% of the U.S. annuity market. It marks the third consecutive year of record-high annuity sales. Annuity...
by Carrie Haubensak | Jan 30, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
The Trump administration came into office earlier this week with a promise of cutting down on government spending and driving greater efficiency, but a new poll from KFF shows voters largely support continued spending on Medicare and Medicaid. KFF surveyed 1,310 U.S....
by Carrie Haubensak | Jan 23, 2025 | Insurance Industry, news
Healthcare merger and acquisition activity in 2024 signaled uneven financial recovery for healthcare providers. Kaufman Hall’s latest analysis of healthcare M&A activity found that 72 hospitals and health systems were involved in a deal in 2024. Of those...
