by Carrie Haubensak | May 20, 2022 | Insurance Industry, Medicare, news
Investment losses, an increase in COVID-19 expenses and rising costs overall drove Kaiser Permanente to a net loss of $961 million in the first quarter, down from a net income of $2 billion at the same time last year. Growth in the Oakland, California-based integrated...
by Carrie Haubensak | May 20, 2022 | Life Insurance, news
U.S. life insurance application activity declined in April 2022 compared to April 2021, with Year-over-Year (YOY) activity down -11.7%. However, this YOY comparison was impacted, in part, by record-breaking growth seen in April of 2021. When taking a longer-term...
by Carrie Haubensak | May 18, 2022 | Insurance Industry, news
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 an agreement to acquire Ritter Insurance Marketing, a leading independent...
by Carrie Haubensak | May 13, 2022 | Medicare, Medicare Advantage, Medicare Supplement, news
Updated measures for 2023 will advance equity and increase access to affordable care Today, the Centers for Medicare & Medicaid Services (CMS) issued a final rule for the Medicare Advantage (MA) and Part D prescription drug programs that will improve experiences...
by Carrie Haubensak | May 13, 2022 | Medicare, Medicare Supplement, news
CSG Actuarial has compiled information from the NAIC* and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2021 totaled $35.6 billion, a 1.7% increase over 2020. A few other notes of interest: The total Medicare Supplement...