by Jason Yoo | May 6, 2021 | Medicare Advantage, Medicare Supplement, news
1st Quarter 2021 Highlights from Company Earnings Release: Reports 1Q21 earnings per diluted common share of $6.39 on a GAAP basis, $7.67 on an Adjusted basis Updates FY 2021 EPS guidance to a range of $19.62 to $20.12 on a GAAP basis, reaffirms $21.25 to $21.75 on...
by Jason Yoo | May 5, 2021 | Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled key information on the Medicare business from eHealth Inc.’s 1st Quarter 2021 Financial results. eHealth Medicare Segment 1st Quarter 2021 Highlights: Medicare segment revenues for the quarter grew 26% year-over-year to $121.0 million 2%...
by Jason Yoo | May 5, 2021 | Insurance Industry, Medicare Advantage, news
First Quarter 2021 Highlights: As of March 31, 2021, the Company served approximately 4.6 million members, an increase of 1.2 million members, or 35%, compared to March 31, 2020. Premium revenue was $6.3 billion for the first quarter of 2021, an increase of 47%...
by Jason Yoo | Apr 29, 2021 | Insurance Industry, Medicare Advantage, news
1st Quarter 2021 Highlights: Managed care membership of 25.1 million, an increase of 1.3 million members, or 5% year-over-year Total revenues of $30.0 billion, representing 15% growth year-over-year Health benefits ratio (HBR) of 86.8%, compared to 88.0% for the first...
by Jason Yoo | Apr 28, 2021 | Medicare Advantage, news
Molina Healthcare, Inc. (NYSE: MOH) and Cigna Corporation (NYSE: CI) today announced that they have entered into a definitive agreement pursuant to which Molina will acquire Cigna’s Texas Medicaid and Medicare-Medicaid Plan (MMP) contracts and certain operating...
by Jason Yoo | Apr 28, 2021 | Medicare Advantage, Medicare Supplement, news
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, announced it has acquired of Plan Advisors, a leading independent marketing organization (IMO) with offices in Louisville, Kentucky and...
