by csgadmin | May 15, 2025 | Insurance Industry, Senior Hospital Indemnity
From Telos Actuarial: The table below shows aggregated experience for six key Hospital Indemnity carriers from 2018 through 2023. The key takeaway: rising premiums paired with consistent loss ratios. Notably, loss ratio experience exhibited a decline in 2020, likely...
by csgadmin | Apr 24, 2025 | Insurance Industry, Senior Hospital Indemnity
From Telos Actuarial: Hospital Indemnity Plans (HIP) pair well with a Medicare Advantage (MA) plan, so it’s no surprise that awareness and sales of these products are growing among distributors and seniors. In past blog entries, we have noted growth in ancillary...
by Carrie Haubensak | Dec 12, 2024 | Insurance Industry, Senior Hospital Indemnity
Hospital Indemnity products are designed to pay a fixed dollar amount when an individual is confined to a hospital, and many products also add fixed dollar benefits for additional services. Premium volume for these products has been consistent, steady, and growing...
by Carrie Haubensak | Oct 16, 2024 | Insurance Industry, Senior Hospital Indemnity
Part 2 of this series looks more closely at several specific benefit offerings and the important guaranteed issue feature. Hospitalization Benefits All senior-focused HI products offer a “per-admission” hospitalization benefit in addition to a daily hospitalization...
by Carrie Haubensak | Aug 27, 2024 | Dental, Insurance Industry, Senior Hospital Indemnity, Short-Term Care
The supplemental health insurance market continues to steadily grow, primarily due to the increase in the size of the Medicare population. Telos Actuarial’s Future of Medicare Supplement white paper shows that the Medicare Eligible population is expected to grow...
by Kristin Steenson | Feb 5, 2018 | Flash Report, Medicare Advantage, Senior Hospital Indemnity
For many individuals, Hospital Indemnity insurance can provide comprehensive coverage and minimize out-of-pocket expenses by filling in the gaps in their Medicare Advantage or medical insurance plans. CSG Actuarial’s tools and services will provide an extensive...
