by Carrie Haubensak | Nov 26, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from eHealth Inc.’s 3rd Quarter 2024 Financial results. eHealth Medicare Segment 3rd Quarter 2024 Enrollment Highlights: Medicare Advantage new approved members...
by Carrie Haubensak | Nov 25, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate IncreaseComments AARP - UnitedHealthcare Insurance Company 1/1/202514.6%Oregon Aetna Health and Life Insurance Company 1/1/202516.7%New Hampshire American Benefit Life Insurance Company 12/1/2024 - 1/1/20259.5%New Mexico & Virginia Bankers Life Ins...
by Carrie Haubensak | Nov 21, 2024 | Insurance Industry
The next wave of retirees is fast approaching, and they’re digital natives who likely won’t settle for their parents’ paper-based processes. As Generation X moves toward retirement, the life and annuities industry faces an urgent imperative: build...
by Carrie Haubensak | Nov 21, 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 21, 2024 | Insurance Industry, Medicare
There were several updates to the Medicare regulatory landscape this past quarter, and to help keep you informed, Telos Actuarial has summarized a few of the more significant ones here: NAIC Formal Inquiries for Guidance On September 25, 2024, the National Association...
by Carrie Haubensak | Nov 21, 2024 | Insurance Industry, Medicare, Medicare Supplement
CNO Financial Group (parent company of Bankers Life & Casualty, Washington National, and Colonial Penn) reported 3rd quarter 2024 Medicare Supplement sales of $10.0 million, 3% lower than sales in 2nd quarter 2024 and 15% higher than sales in 3rd quarter 2023. ...