by Carrie Haubensak | Jan 19, 2023 | Insurance Industry, Medicare
A key Medicare panel recommended a 1% increase to hospital Medicare payments for 2024 as well as a 1.25% bump for doctors coupled with add-ons to safety-net primary and specialty care providers. The Medicare Payment Advisory Commission (MedPAC)—a panel that makes...
by Carrie Haubensak | Jan 19, 2023 | Insurance Industry, Life Insurance, news
Following record breaking growth in 2020 and 2021, U.S. life insurance application activity finished 2022 with year-to-date (YTD) activity down -5.5%, according to the MIB Life Index. When taking a historical lookback, total activity YTD for 2022 was down -2.3%...
by Carrie Haubensak | Jan 18, 2023 | Insurance Industry, Long Term Care
Did you know that sales in the Short Term Care insurance market have grown by 240% over the past five years? And that new sales are expected to grow another 55% over the next five years? Short Term Care plans are supplemental health insurance products that are...
by Carrie Haubensak | Jan 18, 2023 | Insurance Industry, Medicare Advantage, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 4th quarter 2022 financials on January 13th, reporting a 5,000 increase in Medicare Supplement lives in the 4th quarter. The UHC enrollment table below features Standardized and Modernized policy...
by Carrie Haubensak | Jan 12, 2023 | Insurance Industry, news
Today, the Biden-Harris administration announced that about 15.9 million people have selected an Affordable Care Act (ACA) Marketplace health plan nationwide since the start of the 2023 Marketplace Open Enrollment Period (OEP) on November 1. This represents activity...
