by Carrie Haubensak | Nov 9, 2023 | Medicare
With inflation driving up the cost of goods and services so quickly over the past few years, it’s been tough for consumers to keep track of costs. However, a recent survey shows many people nearing retirement have a good handle on what to expect from the Medicare...
by Carrie Haubensak | Nov 7, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 3rd quarter 2023 Medicare Supplement lives of 299,400, up 1.7% from the result at 2nd quarter 2023 and down 5.4% compared to 3rd quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. ...
by Carrie Haubensak | Nov 3, 2023 | Medicare, Medicare Supplement
It’s an unfortunate fact of life: As we get older, our health-related expenses go up. Even with that in mind, many retirement-age people are greatly underestimating what health care will cost them in the years ahead. In a recent Mutual of Omaha survey of consumers 60...
by Carrie Haubensak | Nov 1, 2023 | Medicare, Medicare Advantage, Medicare Supplement
For 3rd quarter 2023, CVS Health reported Medicare Supplement member in-force counts of 1,352,000, an increase of 7,000 over the past 12 months and 1,000 in the past quarter. The 7,000 increase in membership in the past 12 months is down substantially from the...
by Carrie Haubensak | Oct 23, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Elevance Health (formerly Anthem, Inc.) released 3rd quarter 2023 financials on October 18th, reporting an increase of 2,000 Medicare Supplement lives in the 3rd quarter and a decrease of 17,000 Medicare Supplement lives over the past 12 months. The Elevance Health...
by Carrie Haubensak | Oct 23, 2023 | Medicare, Medicare Advantage
CMS recently released Medicare Advantage and PDP fair market value broker compensation for 2024. Medicare Advantage (MAPD) increased 1.7% for both initial and renewals. Prescription Drug Plans (PDP) increased 8.7% for both initial year and renewals. The MAPD increase...
