by Carrie Haubensak | Aug 13, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 2nd quarter 2024, CVS Health reported Medicare Supplement member in-force counts of 1,294,000, a decrease of 6,000 in the past quarter and 57,000 over the past 12 months. The 57,000 decrease in membership in the past 12 months is a 4.2% decrease relative to the...
by Carrie Haubensak | Aug 13, 2024 | Insurance Industry
Integrity Foundation has completed its second annual community legacy and support initiative — a state-of-the-art playground in Fort Wayne, Indiana, built in a single Build Day. Completed in partnership with KABOOM!, the New Covenant Impact Center and Integrity...
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare Supplement
The following information is additional data to enhance the Medicare Supplement rate increase information provided in recent weeks. CSG Actuarial has compiled all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. As...
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor...
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry
A 65-year-old couple will need $395,000 in combined savings to afford the cost of certain Medicare plans in retirement, according to the Milliman Retiree Health Cost Index. The average healthy 65-year-old retiring in 2024 is projected to spend a significant amount on...
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 2nd quarter 2024 Medicare Supplement lives of 339,200, up 5.0% from the result at 1st quarter 2024 and 15.3% compared to 2nd quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. Humana...
