by Carrie Haubensak | Aug 2, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 2nd quarter 2023, CVS Health reported Medicare Supplement member in-force counts of 1,351,000, an increase of 37,000 over the past 12 months and 7,000 in the past quarter. The 37,000 increase in membership in the past 12 months is down almost 70% from the...
by Carrie Haubensak | Aug 1, 2023 | Insurance Industry, Medicare Supplement
CompanyDateIncrease Amount Comments AARP - UnitedHealthcare Insurance Company of America 6/1/20230.0%Tennessee Ace Property and Casualty Insurance Company 1/1/20244.4%Virginia Aetna Health and Life Insurance Company 8/1/2023 - 9/1/20235.7%Varies by state & plan...
by Carrie Haubensak | Aug 1, 2023 | 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 Ballard & Associates, a leading independent marketing organization based in...
by Carrie Haubensak | Jul 27, 2023 | Insurance Industry, news
Indexed annuity sales drove a 12% increase in second-quarter, year-over-year sales to $88.6 billion, LIMRA reported. Registered index-linked annuity and fixed indexed annuity sales both hit record highs, according to preliminary results from LIMRA’s U.S. Individual...
by Carrie Haubensak | Jul 26, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Elevance Health (formerly Anthem, Inc.) released 2nd quarter 2023 financials on July 19th, reporting an increase of 1,000 Medicare Supplement lives in the 2nd quarter and a decrease of 16,000 Medicare Supplement lives over the past 12 months. The Elevance Health...
by Carrie Haubensak | Jul 21, 2023 | Insurance Industry, Medicare Advantage, news
Major payers are being downgraded by investment banks and research firms in advance of their earnings season, with analysts citing pricing and regulatory uncertainty in Medicare Advantage in addition to cost pressures in the commercial market. On Wednesday, Wolfe...
