by Carrie Haubensak | Mar 17, 2023 | Insurance Industry, Medicare Advantage
The COVID pandemic has disrupted longstanding trends in health spending, utilization, and employment, and created challenges for insurers to accurately predict their costs and set premiums. In the early months of 2020, use of health services dropped sharply, as... read more
by Carrie Haubensak | Mar 17, 2023 | Insurance Industry
The Department of Health and Human Services, through the Centers for Medicare & Medicaid Services (CMS), announced 27 prescription drugs for which Part B beneficiary coinsurances may be lower from April 1 – June 30, 2023. Some people with Medicare who take these... read more
by Carrie Haubensak | Mar 17, 2023 | Insurance Industry, Life Insurance
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 17, 2023 | Insurance Industry, Medicare Advantage, news
By the end of 2023, more than half of the total Medicare population is expected to be enrolled in Medicare Advantage (MA), which has climbed from 25.2 million members in 2020 to 31.5 million members today. Patients already have a surfeit of MA options, with the... read more
by Carrie Haubensak | Mar 10, 2023 | Insurance Industry, Life Insurance
U.S. individual life insurance application activity continued to increase in February, and activity growth for applicants under 30 was especially strong, according to new MIB Group data. The insurance data-sharing consortium saw the number of applications flowing... read more
by Carrie Haubensak | Mar 10, 2023 | Insurance Industry, Life Insurance
indexed life insurance policies continued to sell well in the fourth quarter, as sales of two other types of non-variable cash value life insurance dropped. Wink — a Des Moines, Iowa-based life and annuity market monitoring firm — published on Tuesday a new insurer... read more
by Carrie Haubensak | Mar 8, 2023 | Critical Illness, Insurance Industry, news
As shown in a recent Telos blog, the market for ancillary health products continues to grow. Critical Illness insurance currently contributes a billion dollars in earned premium each year! With a continually-growing senior population, fairly frequent diagnoses of... read more
by Carrie Haubensak | Mar 8, 2023 | Insurance Industry, 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 Senior Solutions & Services, an independent marketing organization... read more
by Carrie Haubensak | Mar 2, 2023 | Medicare, Medicare Advantage, news
Payers’ margins in Medicare Advantage returned to pre-pandemic levels in 2021 but remain far ahead of other sectors of the market, according to a new analysis. Commercial markets, meanwhile, have lagged behind, the Kaiser Family Foundation report found.... read more
by Carrie Haubensak | Feb 28, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from eHealth Inc.’s 4th Quarter 2022 Financial results. eHealth Medicare Segment 4th Quarter 2022 Enrollment Highlights: Medicare Advantage new approved members... read more
by Carrie Haubensak | Feb 27, 2023 | Insurance Industry, Medicare Supplement
CompanyDateAverage IncreaseComments Accendo Insurance Company 3/1/2023 - 5/1/20238.8%Varies by state & plan Aetna Health and Life Insurance Company 3/1/20238.0%Idaho Aetna Health Insurance Company 4/1/2023 - 5/1/20235.8%Varies by state & plan Assured Life... read more
by Carrie Haubensak | Feb 23, 2023 | Insurance Industry, Medicare, news
Medicarians is excited to be the home of the product creators, distributors, service providers, administrators, and innovators helping the people live longer, better lives both physically, financially, and mentally. This conference is the one place to network and... read more
