by Carrie Haubensak | Jul 18, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
In Medicare, each state is it’s own unique market. The ebook from Telos Actuarial presents Medicare enrollment statistics for all 50 States in colorful data visuals. It includes Medicare Advantage enrollment, Medicare Supplement enrollment, top carriers in each state,...
by Carrie Haubensak | Jul 18, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 2nd quarter 2024 financials on July 16th, reporting a 10,000 increase in Medicare Supplement lives in the 2nd quarter. The UHC enrollment table below features Standardized and Modernized policy...
by Carrie Haubensak | Jun 28, 2024 | Insurance Industry, Medicare Supplement
In the world of insurance, especially with Medicare supplement plans, lookback periods are key. They’re like a window into an applicant’s medical past, often going back several years. For insurers and brokerage agents, understanding these periods is vital...
by Carrie Haubensak | Jun 27, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate Increase AmountComments AARP - UnitedHealthcare Insurance Company 6/1/2024 - 8/1/202413.6%New Jersey & Vermont Ace Property and Casualty Insurance Company 8/1/2024 - 10/1/20247.9%Varies by state & plan Aetna Health and Life Insurance Company...
by Carrie Haubensak | Jun 18, 2024 | Insurance Industry, Medicare Supplement
CSG Actuarial has compiled all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. As previously shared, the overall average year-to-date increase for 2024 continues to trend higher than recent years. Based on current...
by Carrie Haubensak | Jun 10, 2024 | Insurance Industry, Medicare, Medicare Supplement
While the recent annual declines in total Medicare supplement policyholders are expected to continue over the near term, it is anticipated that the market will return to an annual growth position by 2026. This return to growth coincides with the continued increases in...