by Carrie Haubensak | Oct 23, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Elevance Health (formerly Anthem, Inc.) released 3rd quarter 2023 financials on October 18th, reporting an increase of 2,000 Medicare Supplement lives in the 3rd quarter and a decrease of 17,000 Medicare Supplement lives over the past 12 months. The Elevance Health...
by Carrie Haubensak | Oct 23, 2023 | Medicare, Medicare Advantage
CMS recently released Medicare Advantage and PDP fair market value broker compensation for 2024. Medicare Advantage (MAPD) increased 1.7% for both initial and renewals. Prescription Drug Plans (PDP) increased 8.7% for both initial year and renewals. The MAPD increase...
by Carrie Haubensak | Oct 18, 2023 | Insurance Industry, Medicare Advantage, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 3rd quarter 2023 financials on October 13th, reporting a 15,000 increase in Medicare Supplement lives in the 3rd quarter. The UHC enrollment table below features Standardized and Modernized policy...
by Carrie Haubensak | Sep 13, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from SelectQuote, Inc.’s financial results for Calendar 2nd Quarter 2023. SelectQuote Medicare Segment Calendar 2nd Quarter 2023 Enrollment Highlights: Medicare...
by Carrie Haubensak | Aug 24, 2023 | Medicare Advantage, news
Insurers often negotiate hospital prices for their commercial health plans that are up to five times the Medicare Advantage price, a study published in Health Affairs found. It was already a well-established pattern that commercial plans pay more than Medicare...
by Carrie Haubensak | Aug 24, 2023 | Medicare, Medicare Advantage, Medicare Supplement, news
The Centers for Medicare & Medicaid Services (CMS) announced today that the Medicare Shared Savings Program saved money for Medicare while continuing to support high-quality care. Specifically, the program saved Medicare $1.8 billion in 2022 compared to spending...