by Carrie Haubensak | Mar 14, 2024 | Medicare, Medicare Advantage, news
After a careful analysis of the pending impact of the Inflation Reduction Act on Medicare Prescription Drug Plans (PDPs), Mutual of Omaha Rx has made the strategic decision to exit the Medicare Prescription Drug Plan market at the end of 2024. As a leading provider of...
by Carrie Haubensak | Mar 14, 2024 | Medicare, Medicare Advantage, news
As Medicare Advantage (MA) plans continue to gain more beneficiaries, home-based care providers find themselves at a crossroads. For some, the allure of MA lies in its potential to unlock new opportunities and expand patient reach. Yet, for others, the prospect of...
by Carrie Haubensak | Mar 8, 2024 | Medicare, Medicare Advantage, news
For-profit insurers led by CVS Health’s Aetna are gobbling up the majority of new Medicare Advantage patients, despite new restrictions on marketing, higher medical costs and other headwinds, a new analysis of enrollment data found. Why it matters: An aging...
by Carrie Haubensak | Mar 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, news
Senior Market Sales® is expanding its distribution in the southern United States with the acquisition of Seniors Advisory Services, Louisiana’s largest senior insurance brokerage agency. “Seniors Advisory Services is a pillar in Louisiana in Medicare Advantage, with a...
by Carrie Haubensak | Feb 28, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from eHealth Inc.’s 4th Quarter 2023 Financial results. eHealth Medicare Segment 4th Quarter 2023 Enrollment Highlights: Medicare Advantage new approved members...
by Carrie Haubensak | Feb 23, 2024 | Insurance Industry, Medicare, Medicare Advantage
Medicare Advantage medical costs dominated fourth-quarter discussions between health insurers and investors, after higher healthcare utilization popped up like weeds in some segments of each payers’ business. Yet health insurers’ forecasts for how higher utilization...