by Carrie Haubensak | Feb 8, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 4th quarter 2023, CVS Health reported Medicare Supplement member in-force counts of 1,343,000, a decrease of 9,000 in the past quarter and 20,000 over the past 12 months. The 20,000 decrease in membership in the past 12 months is a 1.5% decrease relative to the...
by Carrie Haubensak | Feb 8, 2024 | Insurance Industry, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor...
by Carrie Haubensak | Feb 8, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
There are several upcoming changes to the Medicare regulatory landscape. Here are a few of the more significant changes: Medicare Supplement Changes are coming to Kentucky Kentucky adopted HB345, becoming another state to implement a “birthday rule.” Effective January...
by Carrie Haubensak | Feb 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Senior Market Sales® (SMS), one of the industry’s premier insurance marketing organizations, has acquired Pro Insurance Resources as part of its strategic growth plan expanding its national health and wealth distribution network and fostering innovation among the SMS...
by Carrie Haubensak | Feb 1, 2024 | Medicare, Medicare Supplement
CompanyDateRate IncreaseComments Aetna Health and Life Insurance Company 3/1/20249.0%Idaho Aetna Health Insurance Company 3/1/20248.3%Kansas AFLAC 1/1/2024 - 3/1/20246.6%Varies by state & plan Allstate Health Solutions 3/1/20247.0%Varies by state & plan...
by Carrie Haubensak | Jan 31, 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. This information provides a predictor of the overall health of your block of business and can provide insight into where the future loss ratios...
