by Jason Yoo | Feb 4, 2021 | Medicare Advantage, Medicare Supplement, news
4th Quarter 2020 Highlights: Operating Revenues was $31.5 Billion, 16.2% Growth over the prior year driven by higher premium revenue due to growth in Medicaid and Medicare Benefit expense ratio was 88.9% in the fourth quarter, a decrease of 10 basis points from 89.0%...
by Jason Yoo | Jan 29, 2021 | CSG Actuarial News, Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news, Uncategorized
DALLAS – January 26, 2021 – Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, today announced it has acquired CSG Actuarial (“CSG”), the industry’s foremost quoting technology platform and...
by Jason Yoo | Jan 28, 2021 | Medicare, Medicare Supplement, news
CompanyEffective DateAverage IncreaseComments Accendo Insurance Company 3/1/20213.7%2.5% - 5%; Varies by state Aetna Health and Life Insurance Company 3/1/20216.6%0% - 8%; Indiana & Kentucky American Retirement Life Insurance Company (CIGNA) 3/1/20217%5% - 9%;...
by Jason Yoo | Jan 21, 2021 | Medicare, Medicare Advantage, Medicare Supplement, news
Year ended December 31, 2020 Highlights: Full Year Revenues of $257.1 Billion, 6% Growth over the prior full year Earnings from operations of $22.4 Billion compared to $19.7 Billion last year. Full Year Medical care ratio of 79.1% compared to 82.5% the prior year...
by Carrie Haubensak | Jan 7, 2021 | Medicare Supplement, news
CompanyEffective DateAverage IncreaseComments AARP - UnitedHealthcare Insurance Company 1/1/20217.3%Delaware & Oregon Accendo Insurance Company 3/1/20212.5%2% - 4%; Varies by state Aetna Health Insurance Company 2/1/2021 - 3/1/20214.2%0% - 8%; Varies by state...
by Jason Yoo | Jan 5, 2021 | Medicare, Medicare Supplement, news, Uncategorized
Overview The state of Colorado implemented a Special Enrollment period (SEP) January 1, 2021 through June 30, 2021, for individuals who are currently enrolled in a Plan C, Plan F or High Deductible Plan F in Colorado prior to January 1, 2021. This SEP allows...