by Carrie Haubensak | Jun 28, 2024 | Insurance Industry, Medicare Supplement
In the world of insurance, especially with Medicare supplement plans, lookback periods are key. They’re like a window into an applicant’s medical past, often going back several years. For insurers and brokerage agents, understanding these periods is vital...
by Carrie Haubensak | Jun 27, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate Increase AmountComments AARP - UnitedHealthcare Insurance Company 6/1/2024 - 8/1/202413.6%New Jersey & Vermont Ace Property and Casualty Insurance Company 8/1/2024 - 10/1/20247.9%Varies by state & plan Aetna Health and Life Insurance Company...
by Carrie Haubensak | Jun 18, 2024 | Insurance Industry, Medicare Supplement
CSG Actuarial has compiled all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. As previously shared, the overall average year-to-date increase for 2024 continues to trend higher than recent years. Based on current...
by Carrie Haubensak | Jun 10, 2024 | Insurance Industry, Medicare, Medicare Supplement
While the recent annual declines in total Medicare supplement policyholders are expected to continue over the near term, it is anticipated that the market will return to an annual growth position by 2026. This return to growth coincides with the continued increases in...
by Carrie Haubensak | Jun 7, 2024 | Insurance Industry, Medicare, Medicare Supplement
The Medicare Hospital Trust Fund is projected to stay solvent until 2036 – five years longer than last year’s prediction, according to the 2024 Medicare Trustees Annual Report. What’s behind this optimism was discussed during a recent webinar by the American Academy...
by Carrie Haubensak | Jun 4, 2024 | Insurance Industry, Medicare Supplement
Founded in 2007, CSG Actuarial is the leader in providing quoting and enrollment solutions to the Medicare marketplace. Agents rely on CSG Actuarial for accurate information and have run over 120 million quotes on CSG’s quoting software since 2018. Plan G was once...
