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 -...
by Carrie Haubensak | Apr 24, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 1st quarter 2024 Medicare Supplement lives of 323,200, up 5.2% from the result at 4th quarter 2023 and 9.9% compared to 1st quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. Humana...
by Carrie Haubensak | Apr 23, 2024 | 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 SOS Financial Agency, a leading independent marketing organization based near Silver...
by Carrie Haubensak | Apr 23, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Elevance Health (formerly Anthem, Inc.) released 1st quarter 2024 financials on April 18th, reporting a decrease of 27,000 Medicare Supplement lives in the 1st quarter and a decrease of 29,000 Medicare Supplement lives over the past 12 months. The Elevance Health...
by Carrie Haubensak | Apr 23, 2024 | Insurance Industry, Medicare Supplement
As reported earlier this month, CSG Actuarial has compiled information from the NAIC* and other sources and reported that total earned premiums in the Medicare Supplement market in 2023 totaled $36.8 billion, a 1.8% increase over 2022. The breakdown of earned premiums...
