This week we have an update from Kaiser Family Foundation on Medicare Advantage enrollment through March 2017 and information from Limra on Individual Life Insurance premium increases in Q1 2017.
Medicare Advantage 2017 Spotlight: Enrollment Market Update | Kaiser Family Foundation | June 6, 2017
Medicare Advantage plans have played an increasingly larger role in the Medicare program as the share of Medicare beneficiaries enrolled in Medicare Advantage has steadily climbed over the past decade. The trend in enrollment growth is continuing in 2017, and has occurred despite reductions in payments to plans enacted by the Affordable Care Act of 2010 (ACA). This Data Spotlight reviews national and state-level Medicare Advantage enrollment trends as of March 2017 and examines variations in enrollment by plan type and firm. It analyzes the most recent data on premiums, out-of-pocket limits, and quality ratings.
Read the full review on KFF.org here.
LIMRA: U.S. Individual Life Insurance Annualized Premium Increases Year-Over-Year in First Quarter 2017 | LIMRA | June 5, 2017
WINDSOR, Conn., June 5, 2017—Individual life insurance new annualized premium increased five percent in first quarter 2017 compared to first quarter 2016, according to LIMRA’s First Quarter 2017 U.S. Individual Life Insurance Sales Survey.
Nearly 60 percent of companies participating in LIMRA’s survey reported increased sales, including nine of the top 10 carriers.