by Carrie Haubensak | Feb 23, 2024 | Insurance Industry, Medicare
As medical claims continue to rise, having rate increase filings on Medicare Supplement have never been more important. Below is a listing of Telos Actuarial’s top rate filing tips for 2024. 1. Know the market. Gathering competitive intelligence before you...
by Carrie Haubensak | Feb 13, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Cigna reported 4th quarter 2023 Medicare Supplement lives of 470,000, up 0.4% from the result at 3rd quarter 2023 and down 2.7% compared to 4th quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. Based...
by Carrie Haubensak | Feb 8, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 4th quarter 2023, CVS Health reported Medicare Supplement member in-force counts of 1,343,000, a decrease of 9,000 in the past quarter and 20,000 over the past 12 months. The 20,000 decrease in membership in the past 12 months is a 1.5% decrease relative to the...
by Carrie Haubensak | Feb 8, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
There are several upcoming changes to the Medicare regulatory landscape. Here are a few of the more significant changes: Medicare Supplement Changes are coming to Kentucky Kentucky adopted HB345, becoming another state to implement a “birthday rule.” Effective January...
by Carrie Haubensak | Feb 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Senior Market Sales® (SMS), one of the industry’s premier insurance marketing organizations, has acquired Pro Insurance Resources as part of its strategic growth plan expanding its national health and wealth distribution network and fostering innovation among the SMS...
by Carrie Haubensak | Feb 1, 2024 | Medicare, Medicare Supplement
CompanyDateRate IncreaseComments Aetna Health and Life Insurance Company 3/1/20249.0%Idaho Aetna Health Insurance Company 3/1/20248.3%Kansas AFLAC 1/1/2024 - 3/1/20246.6%Varies by state & plan Allstate Health Solutions 3/1/20247.0%Varies by state & plan...
