by Carrie Haubensak | Nov 13, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 3rd quarter 2024, CVS Health reported Medicare Supplement member in-force counts of 1,291,000, a decrease of 3,000 in the past quarter and 61,000 over the past 12 months. The 61,000 decrease in membership in the past 12 months is a 4.5% decrease relative to the...
by Carrie Haubensak | Nov 7, 2024 | Insurance Industry, Medicare, Medicare Advantage
Medicare Advantage’s popularity is associated with lower total Medicare spending, a new report from Elevance Health finds. Medicare spending was $431 billion less from 2010 to 2020 than the Congressional Budget Office predicted, and the overestimations were due to...
by Carrie Haubensak | Nov 7, 2024 | Insurance Industry
Strong economic conditions and a growing awareness of the power of guaranteed income continued to drive record-setting annuity sales through the third quarter, LIMRA reported. Total annuity sales increased 29% year over year to $114.6 billion in Q3, according to...
by Carrie Haubensak | Nov 7, 2024 | Insurance Industry, Medicare, Medicare Supplement
Cigna reported 3rd quarter 2024 Medicare Supplement lives of 485,000, up 2.5% from the result at 2nd quarter 2024 and 3.6% compared to 3rd quarter 2023. The table below shows Cigna’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. Based on...
by Carrie Haubensak | Nov 7, 2024 | Insurance Industry
Integrity Marketing Group announced it has been awarded Best Company Outlook from Comparably, a leading workforce surveyor and employee sentiment platform. The award recognizes companies rated by employees as holding significant potential for a bright future,...
