by Carrie Haubensak | Apr 14, 2022 | Medicare, Medicare Advantage, news
Enrollment in MA plans has continued to grow as startups see an opportunity to elbow into the market dominated by established payers like UnitedHealthcare. In 2021, about 46% of Medicare members were enrolled in an MA plan, and that number is only expected to grow....
by Carrie Haubensak | Apr 14, 2022 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Medicare Supplement market leader United Healthcare (UHC) released 1st quarter 2021 financials on April 14th, reporting a 40,000 decrease in Medicare Supplement lives in the 1st quarter. The UHC enrollment table below features Standardized and Modernized policy...
by Carrie Haubensak | Apr 8, 2022 | Medicare, Medicare Advantage, news
The Centers for Medicare & Medicaid Services (CMS) released the Announcement of Calendar Year (CY) 2023 Medicare Advantage (MA) Capitation Rates and Part C and Part D Payment Policies (the Rate Announcement). CMS’s goals for Medicare Advantage and Part D mirror...
by Carrie Haubensak | Mar 3, 2022 | Medicare, Medicare Advantage, news
As a parting gesture to a pandemic-ravaged city, former New York Mayor Bill de Blasio hoped to provide the city with a gift that would keep on giving: new health insurance for 250,000 city retirees partly funded by the federal government. Although he promised better...
by Carrie Haubensak | Feb 17, 2022 | Insurance Industry, Life Insurance, Medicare
SelectQuote, Inc. (NYSE: SLQT) reported consolidated revenue for the second quarter of fiscal year 2022 of $195.0 million compared to consolidated revenue for the second quarter of fiscal year 2021 of $357.6 million. Consolidated net loss for the second quarter of...
by Carrie Haubensak | Feb 17, 2022 | Insurance Industry, Medicare, Medicare Advantage, news
A contract dispute between the nation’s largest Medicare Advantage insurer and a storied health system could provide a glimpse into the future of rate negotiations. Mayo Clinic will no longer schedule appointments for out-of-network patients, aside from those...