by csgadmin | Apr 9, 2025 | Insurance Industry, Medicare, Medicare Supplement
Medicare Supplement regulatory changes will soon be effective in Virginia and Utah.Medicare Supplement Changes Coming for Virginia and Utah Virginia Effective July 1, 2025, insurers must offer Medicare Supplement policyholders an annual open enrollment period...
by csgadmin | Apr 3, 2025 | CSG Actuarial News, Insurance Industry, Medicare, Medicare Supplement
CSG Actuarial has compiled information from the NAIC* and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2024 totaled $39.1 billion, a 6.4% increase over 2023. A few other notes of interest: The total Medicare Supplement...
by csgadmin | Apr 3, 2025 | Life Insurance, Medicare, Medicare Supplement
The Medicare Supplement market continues to experience higher claims, and carriers are attempting to mitigate the higher loss ratios by pursuing larger rate increases. Throughout 2024 rate increases trended up from 2023 levels. Now, results through the first quarter...
by csgadmin | Apr 1, 2025 | CSG Actuarial News, Insurance Industry, Medicare, Medicare Supplement
CompanyDateRate IncreaseComments AARP - UnitedHealthcare Insurance Company 6/1/202512.1%Varies by state & plan AARP - UnitedHealthcare Insurance Company of America 6/1/2025 - 8/1/202512.6%Illinois, North Dakota & Ohio Aetna Health and Life Insurance Company...
by csgadmin | Mar 27, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
This week, we will explore calendar year (“CY”) 2024 financials for publicly traded Direct-to-Consumer distributors, also known as eBrokers. The following companies’ 2024 financial results will be compared below, side-by-side. GoHealth eHealth SelectQuote...
by csgadmin | Mar 27, 2025 | Insurance Industry, Medicare, Medicare Supplement
Staying informed of regulatory reporting requirements is paramount for insurers and actuaries alike. One such critical obligation that has been a cornerstone of regulatory compliance since the early 1990s is the Medicare Supplement Refund Calculation. This...
