by Carrie Haubensak | Oct 5, 2023 | Insurance Industry, Medicare
The average premium for Medicare Advantage plans is expected to increase slightly next year, but the large majority of beneficiaries will see no change, according to the Biden administration. The CMS on Tuesday announced that the average monthly plan premium will rise...
by Carrie Haubensak | Oct 5, 2023 | Insurance Industry, Medicare
Publicly traded Medicare eBrokers (or sometimes called “Direct-to-Consumer distributors”) collectively sold 361,572 policies, generated $446 million in Revenues, and spent $561 million during Q2 2023. Last month we looked at Medicare carrier financials side-by-side....
by Carrie Haubensak | Sep 28, 2023 | Medicare, news
The Centers for Medicare & Medicaid Services announced that average premiums, benefits, and plan choices for Medicare Advantage and the Medicare Part D prescription drug program will remain stable in 2024. Improvements adopted in the 2024 Rate Announcement, as...
by Carrie Haubensak | Sep 28, 2023 | Medicare
Over the past several months Telos Actuarial began posting Medicare enrollment snapshots for a number of states on LinkedIn. They now offer a full book including data for all 50 states, including a collection of Medicare enrollment data visuals by state. Here’s what...
by Carrie Haubensak | Sep 27, 2023 | Insurance Industry, Medicare, Medicare Supplement
CompanyDateIncrease Amount Comments Ace Property and Casualty Insurance Company 9/1/2023 - 10/1/20234.4%Indiana & Tennessee Allstate Health Solutions 11/1/20238.3%Mississippi & Nebraska American Benefit Life Insurance Company 9/1/20234.0%South Carolina...
by Carrie Haubensak | Sep 26, 2023 | Life Insurance, Medicare, news
Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with LP Insurance Marketing Group, an independent marketing organization based in Hartford,...