by Carrie Haubensak | Oct 31, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 3rd quarter 2024 Medicare Supplement lives of 357,300, up 5.3% from the result at 2nd quarter 2024 and 19.3% compared to 3rd quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. Humana...
by Carrie Haubensak | Oct 31, 2024 | Insurance Industry, Medicare Supplement
Insurance companies that operate in the brokerage Medicare Supplement market typically offer per policy bonuses to encourage agents to sell their products. These bonuses generally vary by underwriting type to assist in achieving an appropriate mix of business. Below...
by Carrie Haubensak | Oct 29, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate IncreaseComments AARP - UnitedHealthcare Insurance Company 1/1/20256.8%New Hampshire & Oklahoma AARP - UnitedHealthcare Insurance Company of New York1/1/202510.2%New York Aetna Health Insurance Company 12/1/202416.3%New Jersey AFLAC...
by Carrie Haubensak | Oct 24, 2024 | Life Insurance, Medicare Supplement
As reported by Telos Actuarial in both Q1 and Q2 of 2024, Medicare supplement rate increases have been increasing relative to prior years. Now, results through the third quarter are in. In general, Medicare claim trends have been elevated since 2023 and carriers have...
by Carrie Haubensak | Oct 23, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Elevance Health (formerly Anthem, Inc.) released 3rd quarter 2024 financials on October 17th, reporting no change in Medicare Supplement lives in the 3rd quarter and a decrease of 34,000 Medicare Supplement lives over the past 12 months. The Elevance Health...
by Carrie Haubensak | Oct 16, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 3rd quarter 2024 financials on October 15th, reporting a 5,000 increase in Medicare Supplement lives in the 3rd quarter. The UHC enrollment table below features Standardized and Modernized policy...