by Carrie Haubensak | May 9, 2024 | Insurance Industry, Medicare Supplement
One of the most important leading indicators that Medicare Supplement carriers need to be tracking is their mix of business. It’s a great predictor of the overall health of your block of business and can provide insight into where the future loss ratios will land....
by Carrie Haubensak | May 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Cigna reported 1st quarter 2024 Medicare Supplement lives of 466,000, down 0.9% from the result at 4th quarter 2023 and down 0.2% compared to 1st quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. ...
by Carrie Haubensak | May 6, 2024 | Insurance Industry, Medicare, Medicare Supplement
CSG Actuarial compiled information from the NAIC* and other sources and reported in April that total Medicare Supplement lives covered in 2023 decreased slightly to 14.1 million and seven of the top ten Medicare Supplement carriers reported a decrease in in-force...
by Carrie Haubensak | May 2, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 1st quarter 2024, CVS Health reported Medicare Supplement member in-force counts of 1,300,000, a decrease of 43,000 in the past quarter and 44,000 over the past 12 months. The 44,000 decrease in membership in the past 12 months is a 3.3% decrease relative to the...
by Carrie Haubensak | Apr 30, 2024 | Insurance Industry, Life Insurance, Medicare, Medicare Advantage, Medicare Supplement
Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has partnered with Gruening Health and Wealth, an independent marketing...
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...
