by Carrie Haubensak | May 23, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate Increase AmountComments Ace Property and Casualty Insurance Company 8/1/2024 - 1/1/20259.4%Varies by state & plan Aetna Health and Life Insurance Company 7/1/20245.0%Rhode Island Allstate Health Solutions 7/1/20248.5%New Mexico American Benefit...
by Carrie Haubensak | May 21, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from eHealth Inc.’s 1st Quarter 2024 Financial results. eHealth Medicare Segment 1st Quarter 2024 Enrollment Highlights: Medicare Advantage new approved members...
by Carrie Haubensak | May 14, 2024 | Insurance Industry, Medicare Supplement
CNO Financial Group (parent company of Bankers Life & Casualty, Washington National, and Colonial Penn) reported 1st quarter 2024 Medicare Supplement sales of $9.7 million, 24% higher than sales in 1st quarter 2023. For the past 12 months CNO Financial Group...
by Carrie Haubensak | May 14, 2024 | Insurance Industry, Medicare Supplement
As reported by CSG Actuarial in April, the 2023 Medicare Supplement overall market loss ratio spiked to 83.8%, as premium levels struggled to keep up with increases in post-Covid claim utilization rates. Within the overall 2023 Medicare Supplement loss ratio of 83.8%,...
by Carrie Haubensak | May 9, 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. It’s a great predictor of the overall health of your block of business and can provide insight into where the future loss ratios will land....
by Carrie Haubensak | May 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Cigna reported 1st quarter 2024 Medicare Supplement lives of 466,000, down 0.9% from the result at 4th quarter 2023 and down 0.2% compared to 1st quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. ...
