by Carrie Haubensak | Nov 25, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate IncreaseComments AARP - UnitedHealthcare Insurance Company 1/1/202514.6%Oregon Aetna Health and Life Insurance Company 1/1/202516.7%New Hampshire American Benefit Life Insurance Company 12/1/2024 - 1/1/20259.5%New Mexico & Virginia Bankers Life Ins...
by Carrie Haubensak | Nov 21, 2024 | Insurance Industry, Medicare, Medicare Supplement
CNO Financial Group (parent company of Bankers Life & Casualty, Washington National, and Colonial Penn) reported 3rd quarter 2024 Medicare Supplement sales of $10.0 million, 3% lower than sales in 2nd quarter 2024 and 15% higher than sales in 3rd quarter 2023. ...
by Carrie Haubensak | Nov 14, 2024 | Insurance Industry, Medicare, Medicare Supplement
One of the most important leading indicators that Medicare Supplement carriers need to be tracking is their mix of business. It is 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 | Nov 14, 2024 | Medicare, Medicare Advantage, Medicare Supplement
On November 8, 2024, the Centers for Medicare & Medicaid Services (CMS) released the 2025 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2025 Medicare Part D income-related monthly adjustment amounts. Medicare...
by Carrie Haubensak | Nov 13, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 3rd quarter 2024, CVS Health reported Medicare Supplement member in-force counts of 1,291,000, a decrease of 3,000 in the past quarter and 61,000 over the past 12 months. The 61,000 decrease in membership in the past 12 months is a 4.5% decrease relative to the...
by Carrie Haubensak | Nov 7, 2024 | Insurance Industry, Medicare, Medicare Supplement
Cigna reported 3rd quarter 2024 Medicare Supplement lives of 485,000, up 2.5% from the result at 2nd quarter 2024 and 3.6% compared to 3rd quarter 2023. The table below shows Cigna’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. Based on...
