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....
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...
by Carrie Haubensak | Nov 14, 2024 | Medicare, Medicare Advantage, Medicare Supplement
On November 8, 2024, the Centers for Medicare & Medicaid Services (CMS) released the 2025 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2025 Medicare Part D income-related monthly adjustment amounts. Medicare...
by Carrie Haubensak | Nov 13, 2024 | Insurance Industry, Life Insurance, Medicare
Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with TGA Financials, an independent marketing organization based in The Woodlands, Texas, and...
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...