by Carrie Haubensak | Feb 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Senior Market Sales® (SMS), one of the industry’s premier insurance marketing organizations, has acquired Pro Insurance Resources as part of its strategic growth plan expanding its national health and wealth distribution network and fostering innovation among the SMS...
by Carrie Haubensak | Feb 1, 2024 | Medicare, Medicare Supplement
CompanyDateRate IncreaseComments Aetna Health and Life Insurance Company 3/1/20249.0%Idaho Aetna Health Insurance Company 3/1/20248.3%Kansas AFLAC 1/1/2024 - 3/1/20246.6%Varies by state & plan Allstate Health Solutions 3/1/20247.0%Varies by state & plan...
by Carrie Haubensak | Jan 31, 2024 | Insurance Industry, Medicare Supplement
One of the most important leading indicators that Medicare Supplement carriers need to be tracking is their mix of business. This information provides a predictor of the overall health of your block of business and can provide insight into where the future loss ratios...
by Carrie Haubensak | Jan 31, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
The transaction exits Cigna from a sector that’s been a huge source of growth for insurers but has seen its earnings potential shrink. Cigna has agreed to sell its Medicare business to Health Care Service Corporation for roughly $3.7 billion, the health insurer...
by Carrie Haubensak | Jan 31, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 4th quarter 2023 Medicare Supplement lives of 307,200, up 2.6% from the result at 3rd quarter 2023 and down 2.0% compared to 4th quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. ...
by Carrie Haubensak | Jan 25, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Elevance Health (formerly Anthem, Inc.) released 4th quarter 2023 financials on January 24th, reporting a decrease of 5,000 Medicare Supplement lives in the 4th quarter and a decrease of 24,000 Medicare Supplement lives over the past 12 months. The Elevance Health...
