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VA Sales Slump to Lowest Level in 25+ Years, Wink Inc. Reports

by Carrie Haubensak | Mar 23, 2023 | Insurance Industry, news

Wink Inc. reported deferred annuity sales in both the fourth quarter, and in all of 2022, were the greatest they have been since Wink began tracking sales of the product in 2015. It is likely the greatest sales have ever been for deferred annuities. Total fourth...

MedPAC in No Rush to Recommend Major Hospital Medicare Payment Increases Despite Industry’s Pleas

by Carrie Haubensak | Mar 23, 2023 | Insurance Industry, news

The Medicare Payment Advisory Commission’s recent breakdown of the hospital sector’s financial viability largely struck a different tone from the doom and gloom industry groups have voiced as of late. The independent commission advises Congress on year-to-year...

Medicare Advantage Plans Could Absorb Hit From Proposed Rate Change Rather Than Cut Benefits, Experts Say

by Carrie Haubensak | Mar 23, 2023 | Medicare Advantage

The insurance industry has claimed that a potential cut to Medicare Advantage (MA) payments in 2024 could lead them to trim benefits or hike premiums for seniors next year. But some experts say the impact of the rate changes could have a negligible effect on...

The Top 12 Annuity Issuers of 2022: NAIC

by Carrie Haubensak | Mar 17, 2023 | Insurance Industry

U.S. insurers generated more than $380 billion in annuity payments of all kinds in 2022, up from $325 billion in 2021, according to the National Association of Insurance Commissioners. Top 12 Apollo Global $32.0 billion Mass Mutual  $22.7 billion AIG  $20.8 billion...

Health Insurer Financial Performance in 2021

by Carrie Haubensak | Mar 17, 2023 | Insurance Industry, Medicare Advantage

The COVID pandemic has disrupted longstanding trends in health spending, utilization, and employment, and created challenges for insurers to accurately predict their costs and set premiums. In the early months of 2020, use of health services dropped sharply, as...
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