by Jason Yoo | Feb 17, 2021 | Medicare Advantage, Medicare Supplement, news
Overall Company Fully Year and Fourth Quarter 2020 Highlights: Full Year Total Revenues increased to $268.7 billion, up 4.6% compared to prior year Overall Medical membership as of December 31, 2020 of 23.4 million, an increase of 504,000 from the prior year The CVS...
by Jason Yoo | Feb 17, 2021 | Insurance Industry, Medicare Advantage, news
Molina Healthcare reported net income of $34 million for the fourth quarter, a decrease of $134 million from the prior-year’s fourth quarter. Molina ended the quarter with Total Membership of 4,032,000, an increase of 701,000 from Fourth quarter 2019. The...
by Jason Yoo | Feb 16, 2021 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, announced it has acquired SeniorCare Benefits, LLC. one of the industry’s most rapidly growing direct-to-consumer contact centers. With...
by Jason Yoo | Feb 11, 2021 | Medicare, Medicare Advantage, news
CSG Actuarial compiled the following highlights from the various January 2021 enrollment files. Medicare Advantage Nationwide enrollment grew by 9.4% to 26.6 million compared to the prior year Standalone PDP enrollment shrank by 3.2% to 24.4 million compared to the...
by Jason Yoo | Feb 10, 2021 | Medicare Advantage, news
Anthem, Inc. announced that the company has entered into an agreement with InnovaCare Health, L.P., to acquire its Puerto Rico-based subsidiaries, including MMM Holdings, LLC (“MMM”) and its Medicare Advantage (MA) plan MMM Healthcare, LLC as well as affiliated...
