by Carrie Haubensak | Nov 27, 2024 | Insurance Industry, Medicare, Medicare Advantage
A Texas federal judge has sided with UnitedHealthcare in determining regulators messed up calculating its Medicare Advantage quality scores for next year. Dozens of quality, access and customer satisfaction metrics factor into a plan’s final star rating, scores that... read more
by Carrie Haubensak | Nov 27, 2024 | 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 | Nov 27, 2024 | Insurance Industry
Integrity Marketing Group announced the launch of its 4th annual “Integrity Gives Back” Toy Drive to benefit pediatric hospitals and child-focused organizations across the nation. With the need for donations increasing, Integrity employees have set a remarkable goal... read more
by Carrie Haubensak | Nov 26, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from eHealth Inc.’s 3rd Quarter 2024 Financial results. eHealth Medicare Segment 3rd Quarter 2024 Enrollment Highlights: Medicare Advantage new approved members... read more
by Carrie Haubensak | Nov 25, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate IncreaseComments AARP - UnitedHealthcare Insurance Company 1/1/202514.6%Oregon Aetna Health and Life Insurance Company 1/1/202516.7%New Hampshire American Benefit Life Insurance Company 12/1/2024 - 1/1/20259.5%New Mexico & Virginia Bankers Life Ins... read more
by Carrie Haubensak | Nov 21, 2024 | Insurance Industry
The next wave of retirees is fast approaching, and they’re digital natives who likely won’t settle for their parents’ paper-based processes. As Generation X moves toward retirement, the life and annuities industry faces an urgent imperative: build... read more
by Carrie Haubensak | Nov 21, 2024 | Insurance Industry, Life Insurance
Total new annualized premium jumped 8% to $3.9 billion in the third quarter 2024, according to preliminary results from LIMRA’s retail individual life insurance sales survey. The number of policies sold rose 3% year over year in the third quarter. Year to date, new... read more
by Carrie Haubensak | Nov 21, 2024 | Insurance Industry, Medicare
There were several updates to the Medicare regulatory landscape this past quarter, and to help keep you informed, Telos Actuarial has summarized a few of the more significant ones here: NAIC Formal Inquiries for Guidance On September 25, 2024, the National Association... read more
by Carrie Haubensak | Nov 21, 2024 | Insurance Industry, Medicare, Medicare Supplement
CNO Financial Group (parent company of Bankers Life & Casualty, Washington National, and Colonial Penn) reported 3rd quarter 2024 Medicare Supplement sales of $10.0 million, 3% lower than sales in 2nd quarter 2024 and 15% higher than sales in 3rd quarter 2023. ... read more
by Carrie Haubensak | Nov 19, 2024 | Insurance Industry, Life Insurance
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has entered into a definitive agreement to acquire Innovative Underwriters, a brokerage general... read more
by Carrie Haubensak | Nov 14, 2024 | Insurance Industry, Medicare, Medicare Supplement
One of the most important leading indicators that Medicare Supplement carriers need to be tracking is their mix of business. It is a great predictor of the overall health of your block of business and can provide insight into where the future loss ratios will land.... read more
by Carrie Haubensak | Nov 14, 2024 | Insurance Industry, Life Insurance
Total new annualized premium jumped 8% to $3.9 billion in the third quarter 2024, according to preliminary results from LIMRA’s retail individual life insurance sales survey. The number of policies sold rose 3% year over year in the third quarter. Year to date, new... read more
