by Carrie Haubensak | Apr 16, 2024 | Insurance Industry, Life Insurance
ICON, a joint venture between AIMCOR Group, LLC and AmeriLife Group, LLC, announced that it has entered into a partnership with KME Insurance Brokerage, a leading, national brokerage firm that specializes in corporate and individual disability and life insurance. “I’m...
by Carrie Haubensak | Apr 16, 2024 | Insurance Industry, Medicare, Medicare Supplement
Medicare Supplement rate increases continue to be one of the hottest topics in the market. Charts and tables below are updated with 2024 Q1 activity. Note that data pertains to open blocks of business and excludes instances where companies are implementing large rate...
by Carrie Haubensak | Apr 16, 2024 | Insurance Industry, Medicare, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 1st quarter 2024 financials on April 16th, reporting a 30,000 decrease in Medicare Supplement lives in the 1st quarter. The UHC enrollment table below features Standardized and Modernized policy...
by Carrie Haubensak | Apr 16, 2024 | Insurance Industry, Medicare, Medicare Supplement
As reported by CSG Actuarial last week, 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...
by Carrie Haubensak | Apr 16, 2024 | Insurance Industry, Medicare, news
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with Strachan Health Insurance Partners, an independent marketing organization based in...
by Carrie Haubensak | Apr 11, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate Increase AmountComments AARP - UnitedHealthcare Insurance Company 6/1/2024 - 7/1/202415.1%Varies by state & plan AARP - UnitedHealthcare Insurance Company of America 6/1/2024 - 8/1/20249.7%Varies by state & plan Aetna Health and Life Insurance...