by Carrie Haubensak | Apr 6, 2023 | Medicare, news
A new federal report predicts the Medicare Hospital Insurance Trust Fund will run out of money in 2031, a full three years later than the 2022 report. The Trustees of the Social Security and Medicare trust funds released an update on the status of the programs. The... read more
by Carrie Haubensak | Apr 6, 2023 | Medicare Advantage, news
CMS released a final Medicare Advantage payment rule that is more favorable for insurers than what the agency initially proposed. The agency announced a 3.3% increase in MA payments next year as opposed to a 1% increase put forward in an earlier draft, driven by the... read more
by Carrie Haubensak | Apr 4, 2023 | Insurance Industry, Medicare, 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... read more
by Carrie Haubensak | Mar 30, 2023 | Medicare, news
The groups wrote a letter to officials with the Centers for Medicare & Medicaid Services (CMS) on the need for such a hybrid payment model. The missive comes as CMS has tried in recent months to get more rural and primary care providers invested in value-based... read more
by Carrie Haubensak | Mar 30, 2023 | Insurance Industry, Medicare, news
AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions, announced today that it has partnered with Louisville, Ky.-based Axis Medicare Advisors, one of the... read more
by Carrie Haubensak | Mar 29, 2023 | Insurance Industry, Medicare Supplement
CompanyDateAverage IncreaseComments AARP - UnitedHealthcare Insurance Company 6/1/20234.3%Varies by state & plan AARP - UnitedHealthcare Insurance Company of America 6/1/20234.6%Arizona Accendo Insurance Company 5/1/20239.3%Varies by state & plan Aetna Health... read more
by Carrie Haubensak | Mar 28, 2023 | Insurance Industry, Medicare, news
Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has acquired Easy Street Insurance, an independent marketing organization (“IMO”) based... read more
by Carrie Haubensak | Mar 23, 2023 | Insurance Industry, Life Insurance, news
Enough positive variables are in play for LIMRA analysts to project record-level life insurance premium through 2024. Specifically, December 2020 changes to the Internal Revenue Service tax code criteria that cash value life insurance policies must meet to retain... read more
by Carrie Haubensak | Mar 23, 2023 | Insurance Industry, news
Wink Inc. reported deferred annuity sales in both the fourth quarter, and in all of 2022, were the greatest they have been since Wink began tracking sales of the product in 2015. It is likely the greatest sales have ever been for deferred annuities. Total fourth... read more
by Carrie Haubensak | Mar 23, 2023 | Insurance Industry, news
The Medicare Payment Advisory Commission’s recent breakdown of the hospital sector’s financial viability largely struck a different tone from the doom and gloom industry groups have voiced as of late. The independent commission advises Congress on year-to-year... read more
by Carrie Haubensak | Mar 23, 2023 | Medicare Advantage
The insurance industry has claimed that a potential cut to Medicare Advantage (MA) payments in 2024 could lead them to trim benefits or hike premiums for seniors next year. But some experts say the impact of the rate changes could have a negligible effect on... read more
by Carrie Haubensak | Mar 17, 2023 | Insurance Industry
U.S. insurers generated more than $380 billion in annuity payments of all kinds in 2022, up from $325 billion in 2021, according to the National Association of Insurance Commissioners. Top 12 Apollo Global $32.0 billion Mass Mutual $22.7 billion AIG $20.8 billion... read more
