by Carrie Haubensak | Jan 6, 2022 | Insurance Industry, news
Centene Corporation has completed its acquisition of Magellan Health, the insurer announced. The $2.2 billion deal closes exactly one year after its announcement on Jan. 4, 2021. The combination will create one of the country’s largest behavioral health... read more
by Carrie Haubensak | Jan 5, 2022 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”) an omnichannel insurtech leader in life, health and wealth solutions, announced it has acquired The Diversified Companies (“Diversified”), a leading independent marketing organization based in Parsippany, New Jersey. As... read more
by Carrie Haubensak | Dec 16, 2021 | Medicare Advantage, news
Medicare Advantage’s quality bonus program has had no observable difference in plan quality despite costly federal investments, a new study suggests, bolstering calls from some stakeholders to substantially revise or even eliminate the program altogether. The... read more
by Carrie Haubensak | Dec 16, 2021 | Insurance Industry, news
U.S. healthcare spending skyrocketed in 2020 as the federal government invested significantly in response to the COVID-19 pandemic, according to new data from the Centers for Medicare & Medicaid Services (CMS). CMS’ Office of the Actuary released its annual... read more
by Carrie Haubensak | Dec 16, 2021 | Insurance Industry, news
Insurtech Bright Health is getting a major infusion of $750 million in capital from existing investor New Enterprise Associates and Cigna’s venture arm. Cigna, a new investor in the company, is investing a significant chunk of change — $550 million — in an... read more
by Carrie Haubensak | Dec 16, 2021 | Insurance Industry, news
Healthcare merger and acquisition activity hit a new stride in 2021, fueled by investor interest in digital health and virtual care as well as the SPAC craze that’s pumping a lot of cash into the market. M&A in the healthcare industry has been more robust... read more
by Carrie Haubensak | Dec 9, 2021 | Insurance Industry, news
Integrity Marketing Group, LLC, an omnichannel insurtech leader in life, health and wealth solutions, announced an new strategic investment of $1.2 billion led by Silver Lake, the global leader in technology investing, for a minority stake in Integrity.... read more
by Carrie Haubensak | Dec 2, 2021 | Insurance Industry, Medicare, Medicare Supplement, news
The CSG Actuarial Premium Rate Scorecard™ provides you 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... read more
by Carrie Haubensak | Dec 1, 2021 | Insurance Industry, Medicare, news
UnitedHealth Group expects to earn between $317 billion and $320 billion in revenue for 2022, the company announced late Monday. In addition, the healthcare giant expects between $21.10 and $21.60 in earnings per share, according to the announcement. Cash flows from... read more
by Carrie Haubensak | Nov 30, 2021 | Insurance Industry, news
Integrity Marketing Group, one of the leading independent distributors of life, health and wealth products, announced it has acquired Northwest Farmer-Stockman, an insurance distributor and financial services provider, based in Spokane, Washington, an entity of Cowles... read more
by Carrie Haubensak | Nov 23, 2021 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”), one of the nation’s leading independent distributors of life, health and wealth products, announced it has acquired PIPAC Health & Life Insurance Brokerage, (“PIPAC”), an independent marketing organization (“IMO”)... read more
by Carrie Haubensak | Nov 16, 2021 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”), one of the leading independent distributors of life, health and wealth products, announced it has acquired Brokers Clearing House, a leading brokerage general agency (BGA) based in Des Moines, Iowa. As part of the... read more