by Jason Yoo | Dec 4, 2020 | Medicare Supplement, news, Uncategorized
CompanyEffective DateAverage IncreaseComments AARP - UnitedHealthcare Insurance Company 1/1/20215.9%2.9% - 7.8%; Varies by State Accendo Insurance Company1/1/2021 - 3/1/20214.0%2% - 5%; Varies by State Aetna Health and Life Insurance Company 1/1/2021 - 2/1/20216.3%2%...
by Jason Yoo | Nov 20, 2020 | CSG Actuarial News, Final Expense Life, Medicare, news, Uncategorized
AmeriLife Group, LLC (“AmeriLife”), announced it has acquired American Benefits Exchange, based in Austin, Texas. American Benefits Exchange specializes in providing insurance solutions to federal, postal and state employees, as well as members of the United States...
by Jason Yoo | Nov 20, 2020 | Insurance Industry, Market Potential Alert, news, Uncategorized
In the first two weeks of the 2021 Open Enrollment period, 1,622,106 people selected plans using the HealthCare.gov platform. Healthcare.gov Platform SnapshotWeek 1: November 1 - 7Week 2: November 8 - 14Cumulative Plan Selections818,365803,7411,622,106 New...
by Jason Yoo | Nov 13, 2020 | Medicare Advantage, Medicare Supplement, news, Uncategorized
Overall Company 2020 Highlights: Total Revenues increased to $67.1 billion, up 3.5% compared to prior year Overall Medical membership as of September 30, 2020 of 23.3 million, a decrease of 316,00 due to decline in Commercial, partially offset by growth in Medicare...
by Jason Yoo | Nov 9, 2020 | Medicare, Medicare Supplement, news, Uncategorized
For 2021, the standard Medicare Part B monthly premiums and the annual deductible are slightly higher than the 2020 amounts. The standard monthly premium for Medicare Part B enrollees will be $148.50 in 2021, an increase of $3.90 from $144.60 in 2020. The annual...
by Carrie Haubensak | Nov 6, 2020 | Uncategorized
CompanyEffective DateAverage IncreaseComments AARP - UnitedHealthcare Insurance Company 1/1/2021 7.4% 0% - 20%; Varies by state Accendo Insurance Company 1/1/2021 6% Oklahoma Aetna Health and Life Insurance Company 3/1/2021 4.7% Arizona Aetna Health Insurance Company...
