by Carrie Haubensak | Jan 16, 2025 | Insurance Industry, Life Insurance, news
Variable universal life and registered index linked annuities are expected to see the highest percentage of growth across life and annuity products in 2025, two LIMRA executives said during a recent webcast. Bryan Hodgens, head of LIMRA research, and John Carroll,... read more
by Carrie Haubensak | Jan 16, 2025 | Insurance Industry, Medicare Supplement
CSG Actuarial has compiled all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. As previously shared, the overall average rate increases for 2024 trended higher than recent years. Based on data provided to CSG... read more
by Carrie Haubensak | Jan 16, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 4th quarter 2024 financials on January 16th, reporting a 5,000 decrease in Medicare Supplement lives in 4th quarter. The UHC enrollment table below features Standardized and Modernized policy in-force... read more
by Carrie Haubensak | Jan 14, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with Reversus Insurance Solutions, an independent marketing organization based in the greater... read more
by Carrie Haubensak | Jan 9, 2025 | Insurance Industry, news
AmeriLife Group, LLC, a national organization that develops, markets, and distributes life and health insurance, annuities, and retirement planning solutions, announced it has entered into an agreement to acquire Crump Life Insurance Services and Hanleigh Management... read more
by Carrie Haubensak | Jan 9, 2025 | Competitive Intelligence, Insurance Industry, Medicare Supplement
As reported in 2024 by Telos Actuarial, Medicare supplement rate increases have been increasing relative to prior years. Now, results through year-end are in. In general, Medicare claim trends have been elevated since 2023 and carriers have begun implementing larger... read more
by Carrie Haubensak | Jan 9, 2025 | Insurance Industry, news
Integrity Marketing Group, announced it has been named one of the top 100 companies in the U.S. for Best Company Leadership. Joining Integrity on the list are exceptional brands such as Adobe, Uber, Topgolf, ADP and Instacart. This award was given by Comparably, a... read more
by Carrie Haubensak | Jan 6, 2025 | Insurance Industry, Medicare Supplement
CompanyDate Rate IncreaseComments Aetna Health and Life Insurance Company 3/1/202520.8%Arizona Aetna Health Insurance Company 2/1/202513.9%Oklahoma, Texas & Wisconsin AFLAC 1/1/202514.3%New Hampshire Anthem BlueCross - California 3/1/20258.7%California Avalon... read more
by Carrie Haubensak | Dec 19, 2024 | Insurance Industry, Medicare, Medicare Advantage
The Medicare Advantage program is undergoing its biggest shifts in more than two decades. Payers can take steps now to mount a strategic, agile response as the changes unfold. Brokers are vital to the Medicare Advantage (MA) ecosystem, representing 70 percent of MA... read more
by Carrie Haubensak | Dec 19, 2024 | Insurance Industry, news
Swiss Re’s business unit CEOs have outlined key themes they expect to shape the re/insurance industry in 2025, with a focus on geopolitical instability, rising natural catastrophe losses, and evolving market dynamics. According to Swiss Re Institute, 2024 marked... read more
by Carrie Haubensak | Dec 19, 2024 | Insurance Industry, Medicare Advantage, news
The past couple of years have seen the sharp ascendancy of Medicare Advantage to now include more than half of all beneficiaries with Medicare coverage. The alternative to the traditional fee-for-service Medicare has proven popular with consumers due to... read more
by Carrie Haubensak | Dec 19, 2024 | Insurance Industry, Medicare, Medicare Advantage, news
Virtually all enrollees in Medicare Advantage (99%) are required to obtain prior authorization for some services – most commonly, higher cost services, such as inpatient hospital stays, skilled nursing facility stays, and chemotherapy. This contrasts with traditional... read more
