by Carrie Haubensak | Aug 16, 2024 | Insurance Industry, Medicare, 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 and reward agents for writing the types of business that fit...
by Carrie Haubensak | Aug 13, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Cigna reported 2nd quarter 2024 Medicare Supplement lives of 473,000, up 1.5% from the result at 1st quarter 2024 and 1.7% compared to 2nd quarter 2023. The table below shows Cigna’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. Based on...
by Carrie Haubensak | Aug 13, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 2nd quarter 2024, CVS Health reported Medicare Supplement member in-force counts of 1,294,000, a decrease of 6,000 in the past quarter and 57,000 over the past 12 months. The 57,000 decrease in membership in the past 12 months is a 4.2% decrease relative to the...
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare Supplement
The following information is additional data to enhance the Medicare Supplement rate increase information provided in recent weeks. CSG Actuarial has compiled all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. As...
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor...
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 2nd quarter 2024 Medicare Supplement lives of 339,200, up 5.0% from the result at 1st quarter 2024 and 15.3% compared to 2nd quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. Humana...
